Skip to main content

The Different Types of Company Registration

The companies act 1956 provides a company is to register and formed an current company under this Act. A company is separate and specific from its representatives or a company is not the sum total of its members. A company registration must follow with the rules required under the companies act 1956 is registered.
The company registration is also maintained that one or more shares carried two or more persons in a company is considered together as single members. The existing company has been defined in the companies act 1956 in section (3). The types of company registration is to incorporate a business in Chennai.
Types of Company Registration

The Different Types of Company

  • Private Company
  • Public Company
The Private Limited Company Registration

  1. A private company has some restriction to transfer their shares.
  2. This company must have the word Private Limited.
  3. The minimum number of a private limited company is two.
  4. The instance of an private company subscriber having the proper choice on the decision and the member is near by the representative.
  5. It is not an additional of a public company
The Public Limited Company Registration

  1. The companies act 1956 of section 3 provides that a company that is not a private company will be a public company.
  2. There are no restrictions to transfer the shares.
  3. A public company has the word “Limited “, it has three directors of the public company.
  4. The instance of a public company subscriber having five members the proper choice on the decision and present in person or by representatives.
  5. The companies Act 1956 of section 8 provides a public limited company registration is need not share their objects prepared separately.
The Unlimited Company Liable
The companies act 1956 of section 12 provides a company not accepting any limit of the liability of its associates is termed as unlimited company. An unlimited company, the associates are fully liable for all debts of the types of company, It may or may not share their capital.The company to share their investment in the proper registered company in Chennai.

Comments

Popular posts from this blog

1994 versions of ISO 9001, ISO 9002 and ISO 9003

The 1994 versions of the quality assurance standards ISO 9001, ISO 9002 and ISO 9003 specify three sets of quality system requirements. It can be used for external quality assurance purposes. The requirements in these external quality assurance standards are viewed as minimum good-business practices for a supplying company in any industry. The requirements are stated mainly in terms of what the supplier should accomplish, allowing considerable flexibility about how to implement a system that meets these requirements.
 General Modifications
The structure of ISO 9001 remains unchanged and the clause headings in ISO 9002 and 9003 have been aligned with ISO 9001. These headings are common to all three standards.Where a particular clause is not applicable to ISO 9002 or ISO 9003, this is stated in the standard. For instance, as design control is not covered by ISO 9002 and ISO 9003, both standards state that ” The scope of this international standard does not include quality system…

Do you wish to convert a firm into a Limited Liability Partnership

(1) Note that under Section 55 of the LLP Act, 2008 convert firm into an LLP with the provisions of the Second Schedule of the said Act.
(2) The second schedule of the said act convert firm into an LLP. If the partners of the LLP into which the firm is to be converted to involve the entire partners of the firm.
(3) Decide about the designated partners among the partners of the firm who shall beat least 2 in number.
(4) Make an application in Form No.7 for each designated partners for part of (DPIN)Designated Partner Identification Number with fee of Rs.100/- to the ROC in Chennai. The Limited Liability Partnership ( LLP) will be placed electronically. It is signed by the applicant in digitally.
(5) Follow the provisions of Rule 10 of the LLP rules 2009 and attach the documents specified in sub-rule (2) of the said rule to Form No.7. The LLP rules specified in sub-rule (3) of the said rule.
(6) Select a name for the proposed LLP and ensure that at least 6 choices are given  for avai…

Preliminaries in company formation

The adman of a company may be an single entrepreneur or a body corporate or a group of them or bodies corporate involved in efforts to bring into being a company. They have the power of defining the unit of the company and deciding various matters for the interval regulation of the company proposed to be incorporated. The various steps which a promoter will have to take for company registration are explained below. Selecting a name – Section 20 Basically a company cannot register itself by a name which, in the idea of the central government is undesirable. Normally it will be not consider to register a company name is already registered. A company is not have the rights to choose their new name which is same or already registered company name.


Confirmation regarding name from the registrar

Pursuant to section 20 of the act read with rule 4A of the companies (central governments) General Rules and Forms, 1956. The promoter of a company under a proposed name or an existing co…