Effect of company registration under the section 371

REGISTRATION.

When a company is formed in implementation of this part under sub-section 2 to 7 shall practice. The effect of company registration may placed under the section 371.

All stipulations included in any act of parliament or other instrument constituting or others regulating the company. In the case of a company incorporated as a company limited by guarantee, the declaration is verifying the amount of the guarantee. It shall be deemed to be provisions and requirements of the company. If the company is registered under this act, then it is placed in the memorandum. It have a registered memorandum and the remainder are contained in the registered articles.

All the stipulations of this act shall assign to the members and the company, individuals and contributories in the same way in all regards as if it had been registered under this act as proceeds:

The stipulation of this act describing to the total shares are not assign to any company whose shares are not totaled. Where the company registration may have such procedures which may be assigned during the registration.

In the meeting of the company being wound up, all person shall be a subscriber, in regards of the debts and liabilities of the company specified before registration, who is liable to subscribe or pay the amount of any debt or liability of the company is subscribed before registration or to subscribe or pay the amount of any sum for the rights of members changes on their own in favor of any such liability or debt or to subscribe or pay the amount of the charges, costs and expenses of winding up the company.

In the meeting of the company being wound up, all subscriber shall be responsible to assign to the company benefits in the route of the winding up, whole sums due from him in favor of any such liability as same and in the matter of the death or failure of any subscriber, the stipulations of this act with favor to the legal officials of deceased subsidiaries or with favor to the delegates of failure subsidiaries, shall assign:

The stipulation of this act with regards to:

Effect

The unlimited company registration as a limited company. The company registration may varied on choosing their business entities.

The rights of an unlisted company on registration as a limited company, to improve the minimum amount of its share capital and to deliver that a part of its share capital shall not be useful of being called-up.

The rights of a limited company to decide which a part of its share capital shall not be efficient of being called-up exclude in the event of winding up,

Provide apply, still anything in any act of parliament or any other law for the time being in force or managing the company.

Nothing in this section shall allow the company to change any such allocation included in any causes forming or managing the company. If the company is registered under this act, it have been needed to be included in the memorandum and are not approved to be changed by this act.

None of the allocations of this act shall reduce from any power of changing its managing or forming. It may be ordered in the company by honor of any act of parliament or any other law.

In this section, the look “instrument” contains deed of registration, limited liability partnership (LLP), and deed of partnership.

Legislative clause

The companies act 1956 under section 578 provides that all the condition of any act of parliament or other managing or forming the company including a company limited by guarantee, the statements declaring the amount of the guarantee shall be the provisions and rules of the company in the same way. If the company had been registered under this act. This section also produce that all the stipulations related to registration of unlimited company as a limited company, to improve in the minimum amount of share capital, control of limited company to decide some parts of share capital that shall not be called up.

But, in the event of winding up shall assign, however any stipulation is included in any act of parliament or other Indian law or other managing the company. This section also offers that company shall not change any stipulation shall derogate from any power of changing its regulations or constitution by company. This section also offers the act “instrument” contains deed of settlement, limited liability partnership (LLP) or deed of partnership. The Firm and partnership registration may differ from incorporating a company. The Registrar of Companies in Bangalore may involved these kind of registration activities under the control of central government.

 

 

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