> > > > vinay gupta director company india advisors private ltd email:...
Post on 23-Dec-2015
220 Views
Preview:
TRANSCRIPT
> > > > > > > >
Vinay Gupta Director
Company India Advisors Private Ltd email: info@companyindia.co.in
Mobile: +91 9818922002
http://companyindia.co.in/
PRIVATE LIMITED COMPANY IN INDIA
Company India Advisors Private Ltd
+919818092002
What is PRIVATE LIMITED COMPANY?
A private limited company is the company, which arranges its funds from the owners and the relatives of the owners of the company only and not from outsiders.
A company whose ownership is private. As a result, it does not need to meet the strict Securities and Exchange Commission filing requirements of public companies.
Company India Advisors Private Ltd
+919818092002
Requirements of setting a
Private Limited Company in
India
Company India Advisors Private Ltd
+919818092002
Company India Advisors Private Ltd
+919818092002
The directors are the major group of stakeholders of the company. The directors are the persons who handle the operations of the company .
COMPANY INDIA ADVISORS
DIRECTORS…..
COMPANY INDIA ADVISORS
The Legal Status of the directorThe director occupies the position of a: As a Trustee- In relation to the
company As Agents- When they act o n behalf of
the company As Managing Partner-As they are
entrusted with the responsibility of the company
COMPANY INDIA ADVISORS
Qualification Shares In case there is requirement as per the AOA
for the director is bound to buy qualification shares
If acts are done by the director prior to he or she being disqualified, the acts are considered to be valid.
The minimum number of directors for a Private Company are TWO.
Company India Advisors Private Ltd
+919818092002
Company India Advisors Private Ltd
Time Limit To Incorporate…..
The time for incorporating a private limited company is near about 15 to 16 days…..
How to Incorporate
Private Limited
Company in India?
Selection of type of the company.
Selection of name for the proposed company.
Apply for Directors Identification Number and Digital Signatures.
Drafting of Memorandum and Articles of Association.
Company India Advisors Private Ltd
+919818092002
Stamping, digitally signing and e-filing of various documents with the Registrar.
Payment of Fees.
Obtaining Certificate of Incorporation.
Preparation and filing of Prospectus/Statement in lieu of Prospectus and e-Form 19/20 (in case of public companies) for obtaining the certificate of commencement of business.
Company India Advisors Private Ltd
+919818092002
Name Guidelines
COMPANY INDIA ADVISORS
Company Act India specify that certain words are important like India, Global, World, Industry etc and authorized capital norms are difference for the company having such special word in the name of the company
Separate legal entity
Incorporated body
Artificial legal person
Perpetual succession
Limited liability
Common sealCompany India Advisors
Private Ltd
Right to sue
Right to enter in to contracts
Flexibility of investment
Separation of control from the ownership
Right to own property
Company India Advisors Private Ltd
+919818092002
Digital SignaturesDirector Information NumberBoard MeetingsAnnual General MeetingsAnnual Filing of FormsYearly Forms by DirectorsMaintenance of statutory register & minutes book
Company India Advisors Private Ltd
+919818092002
What is a Digital Signature Certificate (DSC)?
Digital Signature Certificates are electronic format of physical signatures. DSC can be presented electronically to access information or services on the Internet, to prove the identity or to sign certain documents digitally.
DSC requirement?
16th September 2006 all the documents required to be filed with ROC have to be filed on portal of Ministry of Corporate Affairs at www.mca.gov.in using Digital Signature Certificate.
Company India Advisors Private Ltd
No person can be appointed as a Director without getting a DIN. The compliance can be quite an irritant for foreign residents, as all the documents need to be notarised. If the documents are not in English then translated version along with the original documents need to be notarised.
Company India Advisors Private Ltd
+919818092002
1. Periodicity of the Board
Meetings
2. Interval between two Board
Meetings
3. Day of holding meeting
4. Time of holding Board meetings
5. Place for holding Board MeetingCompany India Advisors Private
Ltd
+919818092002
Classification of minutes
Minutes can be classified into the following three types on the kind of meeting to which they relate:-
Minutes of Board meetings
Minutes of meetings of committee of the Board
Minutes of General meetings
Company India Advisors Private Ltd
+919818092002
GENERAL MEETINGS
1. Periodicity of the Board Meetings
2. Interval between two Board
Meetings
3. Day of holding meeting
4. Time of holding Board meetings
5. Place for holding Board Meeting
Company India Advisors Private Ltd
+919818092002
The term ‘minutes’ though not defined in the Companies Act, 1956, may be considered as a written record of proceedings of a meeting of any Company duly kept in pursuance of the law.
Company India Advisors Private Ltd
+919818092002
The term ‘minutes’ though not defined in the Companies Act, 1956, may be considered as a written record of proceedings of a meeting of any Company duly kept in pursuance of the law.
Company India Advisors Private Ltd
+919818092002
Annual Filing of
FormsThere are a number of annual forms that need to be filed besides the annual financials.
The information is quite detailed and talks about shareholdings, directors, financials, etc.
All these forms are required to be certified by a practicing Chartered Accountant or practicing Company Secretary
Company India Advisors Private Ltd
+919818092002
> > > > > > > >
Vinay Gupta Director
Company India Advisors Private Ltd email: info@companyindia.co.in
Mobile: +91 9818922002
http://companyindia.co.in/
Company India Advisors Private Ltd
+919818092002
Company India Advisors Private Ltd
Company India Advisors Private Ltd
Company India Advisors Private Ltd
Company India Advisors Private Ltd
Company India Advisors Private Ltd
Company India Advisors Private Ltd
top related