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 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…

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 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…