Skip to main content

Subsidiary company not to hold shares in its holding company

Subsidiary 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 transfers its 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 company of 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 an unlimited company. The company is not to have their capital share. It shall be defined as mention to the importance of its members. Whatever is to be the form of interest.

Conversion of companies already registered
Under this act an company of any class is registered. It may convert itself as a company of another class. The directive and objects of the company in conformance with arrangements under this act .
Under this section the conversion is required to be done.  An application is made by the company of registrar.After the register is satisfied by this provision

It is applied for registration of companies have been compiled with it. After registering the documents with former registration of the company . It is specified in this sub-section (1). A certification of incorporation is issued in the same manner. It is for their first registration of a company.

Under this section of a company registration. It shall not affect any obligations, debts, liabilities or contracts entered into. Before conversion on behalf of the company. Such liabilities, debts, obligations and contracts may be enforced. If such registration had not been done in a company. If the registered office in Chennai. The company proprietor may do their registrations in Chennai.


Popular posts from this blog

Do you wish to change registered office of your company ?

Do you wish to change registered office of your  company ? 1. Make a Board Meeting after giving notice to all the Directors of the company. Decide about the change registered [Section 173 of the 2013 Act.Comply with the requirements and procedure of issuing notice to the board as laid down in Secretarial Standard. Which is mandatory and effective in a company.
2.Beware that every officer of the company whose duty is to give notice of the Board Meeting as same. If anyone who fails to do so will be punishable with a fine of up to Rs. 1,000. This offense the regional director or any officer licensed by the Government.
3. File the notice of change with the concerned ROC in e-Form along with a registered copy. The board declaration is approving the change registered name of a company.
4. Secure that the said e-Form is filed with the ROC electronically. The copy of the board resolution is filed with the said e-Form as an attachment.
5. Assure also that the said e-Form is digitally si…

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…

What are the Characteristics of a company ?

A company as an organization has many specific details which together form it a different management and its characteristics. The main characteristics of a company are following: The Legal Entity : The characteristics of every company is registered under the existing law and it has a different legal entity part of the members or shareholders of the company. The company is a fake person and it is a legal unit. It has certain rights and privileges of a natural person. A registered company has the right to acquire and ownership as well as transfer property in its own name. The act of a company can be held liable for no shareholders. The Limited Liability members of a company The liability of each member of a company is limited to the amount payable by him as an investor and the values of shared are subscribed by him.There is no member can be called upon to pay more than that amount may be the term of liability of the company . The Transferable Shares of a company The capital of a …