Converting a private limited company to a Limited Liability Partnership (LLP) in India involves a legal process that allows the company to transition to a different business structure. The conversion from a private limited company to an LLP can offer certain advantages such as simplified compliance requirements, flexibility in management, and limited liability protection to …
A private limited company in India is a type of business entity that is formed under the provisions of the Companies Act, 2013. It is a popular form of business structure that combines the advantages of a limited liability and the flexibility of a privately owned company. Here’s what the term “private limited company” means …
A Private Company is a legal element and partakes in a different character from its directors. It requires controlling its dynamic status through the customary filing with the Ministry of Corporate Affairs (MCA). Each privately owned business should document a annual return and reviewed monetary reports with MCA for each financial year. The Registrar of …
Registration of Private Companies in Chennai To register a Company in Chennai at least two directors will be nominated while a limit of 15 directors is selected. To register a Private Limited Company in Chennai no formal foundation decision is required and the company name must end with Pvt.Ltd. Pre requisites for Private limited Company …
