Private Limited Company registration in HSR Layout is dependent on the Companies Act, 1956, and is administered by the Ministry of Corporate Affairs. When you chose to register a company in India, an operation for name opportunity has to be filed with the Ministry of Corporate Affairs. It also concerns possession Directors Identification Number and Digital Signatures. Once, name of the advance company is authorized company registration documents such as memorandum and articles of the corporation have to be accommodated and filed with respective Registrar of Companies for registration. Upon inquiry of documents, the registers the Company and issues the Certificate of Incorporation.
Private Limited Company is the most popular and well-known business form in India, self-sufficient of its organizer. Private Limited Company will be registered under the Companies Act, 2013. The investor is the owner of the company whereas the administrator manages and controls day-to-day operations on behalf of the shareholders. A private limited company is highly commended for small and medium-sized businesses that are family-owned or experienced managed.
SET UP A PRIVATE LIMITED COMPANY REGISTRATION IN HSR LAYOUT
Company registration in India is influenced by the Companies Act, 1956, and is administrated by the Ministry of Corporate Affairs. When you chose to administrate a company in India, an application for name opportunity has to be filed with the Ministry of Corporate Affairs. It also involves possession Directors Identification Number and Digital Signatures. Once, name of the propound, company is approved, company registration documents such as communication and articles of the company have to be accommodating and filed with respective Registrar of Companies for registration. Upon scrutiny of documents, the ROC registers the Company and issues the certification. of Incorporation.
- It should have the least possible paid-up share capital of Rs. One (1) Lakh or more.
- Decrease the right of the transmission of its share.
- The number of members is limited to 50 which does not include:
- Associate are employees of the Company.
- Members who are ex-employees of the association and were members while in such employment and who have continued to be members after ceasing to be employees.
- Forbid any appeal to the general public to subscribe for any shares or debentures of the company.
- Prohibits any invitation or admission of deposits from persons other than its members, directors, or their Siblings.
Moreover, the must of members in a private company is two, and such a company must have the words “Private Limited” as the last part of its name. The liability of the Stockholders of a private limited company in honor of the company’s debts is limited. The liability of the Stockholders is limited only to the expanse of the face expense of shares owned by them. The company is answerable for repayment of debts and impeachment incurred by the Company not the shareholders. A private limited company has an independent legal entity therefore it is separate at law from its Stockholders, administrator, promoters, etc. The members of a company have no accountability to the beneficiary of a company for the company’s debts. So, the collector. It cannot proceed against members of a company to recover the money.
How to get Private Limited Company Registration in HSR Layout?
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