Skip to main content

The Incorporation of a Company to be Register their membership

The Incorporation of a company

The company registration in the section 34 and 35 in the case of a limited company that is registered by the registrar to provide an incorporation of a company. The registration of a company is incorporated, the registrar issue a certificate of that company is registered.From the date of incorporation is mentioned in the certificate of incorporation of a company body corporate by the name contained in the letter.
  • The incorporation of a company is capable of exercising all functions
  • It has a constant progression with common seal
The registration of incorporation of a company with the liability on the part of the members to give to the assets of the company is mentioned in this act in the case of its being wound up. The registrar as given that the certificate of registration in regard of any company shall be precise informed that all the specifications of this act have been compiled with registration.
From the moment of registration of a company that person subscribing the memorandum of association and other persons joining as members of the company regarded as a body corporate.



Incorporation of a company


The Membership of a company

The incorporation of a company has a membership with their registration to form a company. The section (42) provides a  company registration member cannot be a body corporate of his holding company that has any allocation or removal of shares in a company of its additional shall be invalid.The subsidiary is concerned as the legal model of a departed member of the holding company.
The subsidiary is interested has a company agent unless a subsidiary is concerned as a recipient in the holding company under the trust of a subsidiary. If the subsidiary is not interested by way of a transaction purposes for the security into entering by in the normal way of a company that covers the money is to be lent.
The section (42) does not prevent a secondary company from continuing to be a member of its holding company with their registration  in Chennai, but except in cases referred to in the subsection thereof. The subsidiary shall have no right to vote at a meeting of any class of members in the holding company.

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…