Introduction To Private Companies A significant impact was made in the corporate world by the Companies Act 2013 through the provision of doing business in India in an easy way. On 5th June 2015, the Ministry of Corporate Affairs(MCA) posted a draft notice to be published in Official Gazette announcing some exemption to Private Companies. Although there is no [...]
India has always been a land of opportunity for businesses to thrive with a wide potential consumer base of over 1.35 billion as of 2018. There are about 11,89,826 active companies operating in India as of June 2018. India also has been getting rid of archaic and out-of-date laws and enabling ease of doing business with [...]
Introduction In Private Limited Company, the ownership is calculated by the shareholders of the company. If you want to induct new investors or transfer the ownership of the company then the shares of the private limited company would have to be transferred. This article focuses on the share transfer procedure in Private Limited Company. If you [...]
Choosing your Company Type The choice you make for the type of company you are forming will shape the future of your business. Thus, it becomes a crucial decision to choose the correct form of company. There are many types of company you can form for eg. Private Limited Company, Limited Liability Partnership(LLP), Sole Proprietors, Public [...]
Private Limited Company Choosing a company type for your startup can be a challenging task. Your company type defines the direction your startup will take for years to come. With this article, we wish to get you through the procedure to register a private limited company under the laws of the Companies Act, 2013. So before [...]
The Exciting World of Startups Startups can be a place of high intensity. The chaotic and intense workload, being on the cusp of innovation and the stress of getting and pleasing clients. It can be a challenging task to deal with all the pressure that comes with startups. This tension and pressure can be relieved by [...]
Registering a company can be a challenging task if one doesn't know about the procedures, provisions, and rules for company registration. Here we list down FAQs Company Registration procedures bring with them. Read: Company Incorporation Procedure What is a company? The Companies Act, 2013 defines companies as an association of individuals which is registered under the [...]
Private Limited Companies: Introduction Private Limited Companies (PLCs) form a major part of India's economy. As of May 2018, there are a total of 10 million or 1crore private limited companies in operation in the country. But what are PLCs? How are they formed? What do you need to start your own PLC? What is the [...]
What is a Private Placement? The term private placement refers to the invitation or any offer to subscribe or issue of securities to a selected group of persons by a company through private placement offer. This is a way other than the public offer. Rather it is offer-cum-application that solely satisfy the conditions given in section 42 [...]
Penalty for non-filing Annual Return: An Overview A company is a separate legal entity which can be sued or sue any other legal firm. It is capable of entering into different types of transactions. After the incorporation of a Private limited company, it is the responsibility of the directors of the company to ensure the various [...]
