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 company consists of shares of a fixed value which are freely transferable. There is no doubt to be changing the value of market shares. But the paid up amount for a going concern amount of each share, which forms the support of distributing the earnings of the company registration between shareholders.

The Board of Directors function in a company

The board of directors of the company being an artificial person needs a human agent to function on its favor. The board of directors acts as its agent and work the day to day management of its tasks.

The Perpetual Succession of a registered company

A registered company maintains in itself Constance of the series. The condition or breakdown of its members does not change its members until anything disturbing fact takes place for twisting up subject to the position and provisions of the companies act for an registration.

The Common Seal of a company emblem

The characteristics of every company has a common seal and it is used as an emblem in all legal documents. The company is known in law as an artificial person. It has the right to enter into contracts in its own name registration in Chennai. Hence a common seal is main as a device to be used as the signature of the company.

Reference : http://www.solubilis.in/blog/the-characteristics-of-a-company/

The effect of registration of a company

http://www.solubilis.in/blog/2015/11/03/the-effect-of-registration-company/

Trademark License Agreement – Trademark Registration in Cochin

Trademark registration in Cochin For making sure about brand name or logo or plan of brand, any individual whether separately or firm or organization can apply to the TM vault for use of enlistment of Trade Mark. Exchange application documented in two manners first with the brand name and second with brand name + logo. In the event that we go with the subsequent choice, at that point we will get the rights on the logo (method of introduction) not for the name. An application is set up by the Trade Mark Attorney or its specialist. Structure 48 (POA) and TM-An (Application of exchange mark) needs to documented on the entrance of IP India. Trademark registration in Cochin states that advanced mark of the trademark Attorney or its specialist is required at the hour of recording of exchange mark Application. Arrangement of exchange mark application is finished with-in a couple of days. After the filling of exchange mark application customer ought to have option to utilize the imprint TM

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

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