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Showing posts from February, 2016

The company’s register of charges in the companies act 2013

The company’s register of charges (1)Every company’s shall retain as its registered office. A register of charges in such form. It is prescribed in such manner. Which shall include therein all charges. The floating charges affecting any property. It also affects assets of the company or any of its commitments. In each case is indicating such particulars are may be prescribed. A copy of the instrument creating the charge kept at the registered office. The charge is prescribed in the registration company. The company’s along with the register of charges.
(2)Under subsection (1) the register of charges and appliance of charges kept . It shall be open for evaluation during business hours in this section.
(i)By any member or creditor without any payment of fees
(ii)By any other person as may be prescribed on the payment of such fees. The company is may subject to such proper regulations. Punishment for infringement If any company conflict with any arrangement. The company shall be ch…

The Power to despense with limited in name of charitable trust or other company

Power to distribute with Limited in name of other company (1)It is tested to the power contentment of the government that a company.
(a) is to be designed as a limited company for developing science, commerce, charity or art or any other useful substance.
(b)The plan to register of its profits. An income is improving for its substance. The payment of any gains its members to proscribe.The government may direct by license of the corporation. It makes registration as a company with obligation. In addition, without is named “Limited” or “Private Limited” in a firm.
(2)The company may thereupon be registered appropriately. On  their registration shall appreciate the entire privileges. The requirements to be subject all of his limited company is power constrained.

(3)Where it is tested to the contentment of the government.
(a) Under this act the objects of a registration company registered as a limited company. In sub-section (1) of clause (a) that are specified restricted.
(b) The comp…

The company incorporation of asset management

SEBI guidelines of mutual funds provide that the sponsor of mutual fund. If the trust deed so authorise the trustee shall appoint an asset management company incorporation. It can be approved by SEBI. To manage the affairs of the mutual fund and conduct. They can operate with the scheme of such fund in a registration company. The assignation (AMC) of asset management company can be eliminated by the majority of trustees. Which has seventy percent of the unit holder of the scheme. Where any change in the assignment of the (AMC) asset management company. It is subject to the prior approval of the (SEBI). The asset management company (AMC) describes a company registered and formed under the companies act 1956. It is approved by securities and exchange board of India (SEBI).
The directive and objects of association of asset management company are to be approved by SEBI. The main product of setting up of an AMC is to manage the asset of the mutual funds. It can also carry on …

Subsidiary company not to hold shares in its holding company

Subsidiary company under the companies act 2013 There is no company is not considered as a nominee itself. Where no holding company and the holding company shares and  shall assignment to any shares. The subsidiary company transfersits shares in any of its companies. Such assignment the subsidiary company has transfer a company shares . In this sub-section that has nothing to apply a case (i)The subsidiary company holds as shares. The companyof a departed member of the holding company shares as the legal representatives in a company.
(ii)This company consider such shares as a trustee.
(iii)This company is a shareholder and it became a holding company.
The subsidiary company is specified in the preceding. This previous arrangement has a right to poll at a confrontation. The holding company shares in respect of  a legal representative or his trustee. This specified in clause (a) and (b).
In this section refers his shares of a holding company. A company is which limited by guarantee or a…

Company Registration in Chennai

Why to form a company ?

Why to form a company ? There are different forms of organisations to choose from to do business such as sole proprietorship, partnership, co-operative societies, and joint stock company. Each one of these organisations has special features and characteristics of its own. The company as a form business organization that has come to acquire a pre- eminent position in modern times.Its superiority over other forms of business organisation is due to the following special characteristics : Distinct legal entity :
On registration a company acquires a distinct legal entity of its own capable of assets, incurring liabilities and debts, charging and being claimed. A partnership firm on the other hand has no independent existence apart from its partners in the legal entity. Limited Liability of a company member:
A company members liability is limited to the duration they have contributed or have undertaken to contribute to the capital of the company.The creditors of the company have…