Company Registration Types and Benefits

Maximum number of directorship in companies

November 9, 2017CompanyLeave a Commentcompanyregisban

An individual can be director in a maximum of 15 companies as per the reduction made in the companies (Amendment) act 2000. Directorship in the following companies cannot be counted for the above purpose : (a) A private limited company …

Annual general meeting is mandatory

November 3, 2017Board MeetingLeave a Commentcompanyregisban

Pursuant to section 166, every company like private company or public company shall hold during every year a general meeting of members which shall be called an annual general meeting in the notice calling it. It is mandatory on every …

Preferential issue of shares by unlisted public companies

October 28, 2017UncategorizedLeave a Commentcompanyregisban

Prior to the introduction of SEBI guidelines dated 4th August 1994 listed and unlisted companies were passing special resolutions under section 81(1A) of the companies act 1956 and allotting shares, at any price, to any persons whether they are existing …

Exit of defunct companies by registrars orders

October 21, 2017CompanyLeave a Commentcompanyregisban

In terms of section 560, the registrar has power to strike off from his register. The name of a company following the prescribed steps. If he has reason to believe that the company is not carrying on any business. How …