DIN (Directors Identification Number) introduced under section 266 A to 266 G of Companies (Amendment) Act, 2006 is an 8 digit unique identification number required to be obtained by every director to carry out his directorship in any company. For…
During registration of the Private limited company, an authorised capital and paid up capital is determined and stated in the MOA of the company. According to sec 2(8), The authorised capital mentioned in the MOA is the maximum limit of…
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Every company has a director who takes leading and important decisions in the working of their company. They act as a chief employer of managerial resolution. A Public company needs to have at least three directors, a Private company needs…
First Board Meeting of a Private Limited Company The First Board Meeting of a Private Limited Company must be convened at any time and place, on any day, excluding a National Holiday within 30 days from the date of its…
Steps wise shares transfer of a Private Limited Company: Intimation to Company: A written notice about his/her intent on the transfer of shares has to be provided by the transferor to the Company. Company’s Duty: Once the transferor provides written…
Starting a new business is an overwhelming process. The entrepreneur needs to make decisions about a lot of things. The structure of the business, its legal identity, preparedness for future growth and various other factors play a crucial role in…
