SPICe : One day company Registration in India

Ministry of Corporate Affairs (MCA) has introduced the new form of SPICe (single day – single stage) Company Registration. SPICe, which remains for Simplified Per forma for Incorporating Company digitally. The new SPICe frame exploits of re-designing of the current procedure and foundation of Central Registration Centre to complete government handling of fuse utilization of an organization in a solitary day. Flavor coordinates the portion of Directors Identification Number (DIN), name endorsement, fuse declaration, [...]

Procedure of Company Registration in India

Introduction An Entrepreneur always wants to incorporate his own company. Even after coming up with his own idea, selecting the type of business he wants to form (Sole Proprietorship or LLP or Private Limited Company, etc.) and organizing the whole team including the drafting of business plan and raising funds for the company, his company is still not recognized as a company under the law. According to Companies Act 2013, a company [...]

Documents for Private Limited Company Registration

The documents required for Private Limited Company registration is of extreme importance as a mistake in documents may result in the waste of efforts in the whole process. Private Limited Company under Company Act, 2013 offers flexibility in incorporating different types of companies with varying extent of liability according to the need and business requirement. Hence, a promoter can not only decide whether to form OPC, Public or LLP or Private but [...]

Authorized Share Capital for Company Registration

Authorized Share Capital more commonly known as authorized capital is basically the maximum amount of share capital that a company can issue to shareholders. This amount varies from company to company and is subject to change but only with the approval of shareholders. Let's just assume that a company's authorized capital is Rupees one lakh then it automatically means that you can issue shares of up to Rupees one lakh. [...]

Conversion of Private Limited to Public Limited Company

Introduction Private limited companies and Public limited companies are considered to be separate legal entities with limited liabilities given to their shareholders and members. Both forms of company are incorporated under The Companies Act. Though, both types of companies have a lot of differences. Be it in terms of requirement or legal registrations. To incorporate a public company you require a minimum of seven members and three directors. However, in the [...]

Process for Company Registration Status and MCA

Introduction There is a number of bodies corporate such as Limited liability partnership, one person company and the private limited company which is registered under the ministry of the corporate affair in India (MCA). MCA regulates the functioning of all the company and the LLP. The information of all these entities is online published by the ministry of corporate affairs. This information can be seen by the public as well [...]

Public Company Registration Requirements

Introduction The pre-requisites for public company registration as follows: Shareholders (Members) There shall be at least 7 members/shareholders in the public company. There is no upper limit for the maximum no. of the shareholder. Any natural, artificial person, LLP, OPC or any other registered public company can become a member of the company. Directors There shall be at least 3 directors in the company. One of the directors must be [...]

Right Name for Company Registration

Introduction There is a number of bodies corporate such as Limited liability partnership, one person company and the private limited company which is registered under the ministry of the corporate affair in India (MCA). MCA regulates the functioning of all the company and the LLP. The information of all these entities is online published by the ministry of corporate affairs. This information can be seen by the public as well [...]

Registration Process for Registered Office Services

Introduction Every company on and from the fifteenth day of the incorporation should have a registered office which will be capable of receiving all the necessary information and notices. Within a period of thirty days of incorporation, every company should send the documents to its registered office to the registrar of the company. Any change in the address of the office should be informed to the registrar within 15 days [...]