‘Corporate Procedures’ Archive

All that you wanted to know about Limited Liability Partnerships August 31, 2010 No Comments

This article would through light on procedural aspect of LLP right from the incorporation to winding up.
A.        INTRODUCTION
The concept of Limited Liability Partnership (LLP) in India is viewed as an alternative corporate business vehicle that provides the benefits of limited liability and also allows its members the flexibility of organizing their internal structure as [...]

Incorporating a Sec 25 Company August 28, 2010 No Comments

Incorporating a Sec 25 CompanyRegistration procedure
An application in form 1A is to be made to the Registrar of Companies along with a fee of Rs. 500/- Desired names for the organization in the order of preference are to be mentioned in the application form. Normally, the Registrar inform about the availability of the name within [...]

Save Large Non-Filing Penalties. Act today! June 26, 2010 No Comments

Save Large Non-Filing Penalties. Act today!The ministry of company affairs has come out with a Fee waiver scheme.This is a great opportunity for companies who have failed to file their annual returns with the Registrar of Companies to make their default good by filing belated documents.
Brief of the scheme
The Ministry has introduced the following [...]

Procedure for Transfer of Shares in a Private Limited Company January 21, 2010 No Comments

Find below the Briefest Procedure for Transfer of Shares in a Closely held Private Limited Company:
Step 1 – Check and Ensure that your Articles of Association does not prohibit Transfer of Shares.
Step 2 – Communicate  your intention to transfer your shares to the company in writing.
Step 3 - Company notifies the fellow members, about the availability of [...]