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Company Registration Services

According to the Companies Act of 1956, companies have been divided broadly into public companies and private companies. This act offers a regulatory set up, based on which this classification has been made. Corporate firms keep on changing their forms, as business complexity increases and the economy grows. The law needs to consider the needs of different kinds of firms that may be operating in the market. Accordingly, it needs to come up with common principles, which all these companies would follow while formulating their corporate governance infrastructure. Entrepreneurs find risks involved in unnecessary regulations, controls and rigid structures. Small and private companies, who rarely go for public deposits or issues for their monetary needs but make the best use of in house or personal resources should enjoy the liberty and freedom of compliance and operation at a considerably low expense. The Company Law, in order to allow a comprehensive framework for various corporate group forms, should make sure that companies have multiple classifications. Besides, it has to come up with a seamless change-over of these firms from one category to another.

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Public limited company

A company is said to be public limited, when it is limited by shares. In this case, no restriction exists on the number of ..

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Private limited company

The business owners of this kind of companies privately own all the shares of the organization. The shareholders might hire directors,

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Limited liability partnerships

Limited liability partnership (LLP) is actually a combination of a partnership and a company,

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One-person company

This is a new structure in business, through which individuals can legally carry out medium and small businesses.

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Frequently Asked Questions
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A. The Companies Act, 1956 defines a company as an association of people, developed and registered under any older company laws or this law. This operates as a distinct legal entity, different from the respective shareholders. One of the prominent attributes of a company is that, a difference lies between the people actually owning it and the ones who are controlling its affairs.
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A. Public limited company
Private limited company
Limited liability partnership
One person company
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A. AOA stands for Articles of Association and MOA stands for Memorandum of Association. These documents serve as a valuable information source for various stakeholders and shareholders connected with a company. In the MOA, one can find the aims, name, objectives, address of the registered office, norms related to the liability of the company, share capital and minimum paid up capital for a company. In a nutshell, it demonstrates the association of a company with its external world. AOA, on the other hand, are important documents, that are to be submitted at the time of the incorporation of a company with the ROC (Registrar of Companies). When the MOA and AOA are in conjuncture with each other, they formulate the company’s constitution.
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A. A Digital Signature Certificate(DSC)serves as the digital equivalence or certificates or physical papers. This is necessary to electronically file the form with the respective department. For registering a private company, one of the directors has to produce the DSC.
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A. The Directors Identification Number or DIN serves as an identification number, that the Ministry of Corporate Affairs or the Indian government issues to the prospective director or director of a company. This concept was initialized with the incorporation of Sections 266G and 266A in the Companies Act.It is necessary to apply online to the Ministry of Corporate Affairs to obtain the DIN. Next, one needs to submit the necessary documents for address proof and identity. Once these documents are authenticated by the Ministry, the person would be allotted with the DIN.
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A. DPIN Stands forDesignated Partner Identification Number. This is necessary in an LLP (Limited Liability Partnership) firm to identify a designated partner. The DPIN is equivalent to theDirector Identification Number (DIN) of a public or private limited company’s director. The MCA (Ministry of Corporate Affairs) of the Indian government issues both these numbers for identification.
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A. In India, a non-profit organization can be registered as a Society or a Trust as a non-profit company (private limited) under the Registrar of Societies as per Section 8 (Companies Act, 2013).Previously, under the old Companies Act, 1956, it was referred to as Section 25. Presently, as per Section 8 of the new Companies Act, 2013 (1a, 1b, 1c), a company can incorporate Section 8 to promote art, commerce, research, sports, science, charity, social welfare, religion, education, environmental protection or any other aspect. The company has to fulfil a criteria, and use its revenues (if any) for the promotion of its objects. Besides, it cannot pay any sort of dividends to the involved members.
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A. Any person, NRI or Indian resident can become a private company member, and it includes foreigners as well.
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A. For a one person company, only one director is needed. In case of a private limited company, the minimum and maximum number of directors are 2 and 200.
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A. Yes. According to Rule 27 of Companies (Administration and Management) Rules 2014, a company that has over 1000 shareholders or a Listed Company has to maintain its records in the electronic format. However, companies with all other types of status should maintain records in minutes, registers, etc. all the time.
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A. For a one person company, only one director is needed. In case of a private limited company, the minimum and maximum number of directors are 2 and 200.
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A. After a private limited company is registered, the promoters need to decide the authorized capital amount and the value of the share that they would be receiving in return, in case they make an investment in your company. The Registered Capital or Authorized Capital refers to the maximum ceiling cap of the capital, up to which it is possible for a company to issue shares. Accordingly, it can collect funds from the shareholders. One can also increase this capital by passing a resolution at the shareholders’ meeting. For a private limited company, the minimum authorized capital is INR 1 lakh. An amount of INR 5,000 is charged by the Ministry of Corporate Affairs as a fee to allocate this capital.  
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