private limited company registration of prospective company

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Private Limited Company Registra tion of Prospective Company Solubilis corporate servi ce

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The private limited company registration promoters may choose any suitable name for the expected company, subject to the restrictions under the Act section 20, companies act 1956.The emblems and manes avoidance of incorrect use act of 1950 and guiding principles in this connection by the department of company law administration. A private limited company must not be registered by a name which in the opinion of the government is undesirable companies act 1956. A private limited company registration name which is exact with or too practically feature the private limited company name by which a company in existence has been previously registered may be deemed to be undesirable by that government section. The purpose is to prevent persons to use a name having the likelihood of deception or confusion. It is nothing new because the principle extends equally to the use of names of partnership firms and individuals. The registrar is empowered to refuse private limited company registration in

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Page 2: Private limited company registration of prospective company

Private Limited Company Registration Name of the Prospective Company

The private limited company registration promoters may choose any

suitable name for the expected company, subject to the restrictions under

the Act section 20, companies act 1956.

The emblems and manes avoidance of incorrect use act of 1950 and guiding

principles in this connection by the department of company law

administration.

A private limited company must not be registered by a name which in the

opinion of the government is undesirable companies act 1956.

Page 3: Private limited company registration of prospective company

Private Limited Company Registration Name of the Prospective Company

A private limited company registration name which is exact with or too

practically feature the private limited company name by which a company

in existence has been previously registered may be deemed to be

undesirable by that government section.

The purpose is to prevent persons to use a name having the likelihood of

deception or confusion.

Page 4: Private limited company registration of prospective company

Private Limited Company Registration Name of the Prospective Company

It is nothing new because the principle extends equally to the use of names

of partnership firms and individuals.

The registrar is empowered to refuse 

private limited company registration in Chennai on this ground.

The final stages of this company must be Limited in case of Private

Limited and Public Limited Companies.

Page 5: Private limited company registration of prospective company

Private Limited Company Registration Name of the Prospective Company

It is nothing new because the principle extends equally to the use of names

of partnership firms and individuals.

The registrar is empowered to refuse 

private limited company registration in Chennai on this ground.

The final stages of this company must be Limited in case of Private

Limited and Public Limited Companies.

Page 6: Private limited company registration of prospective company

Private Limited Company Registration Name of the Prospective Company

Page 7: Private limited company registration of prospective company

The Private Limited Company Names and Emblems

No person under the emblems and names avoidance of wrong use act of

1950 shall use or continue to use any name of the Private Limited Company

 or emblem stated in the list without the earlier admission of the authority or

of such officer of the government authorized by the central government.

The schedule specifies a list of items for emblems names at this end of this

part under other particulars authority shall be register and the private

limited company which bears any such name in the section of improper use

act of 1950.

Page 8: Private limited company registration of prospective company

The Private Limited Company Names and Emblems

The department of private limited company law affairs vide its circular has issued for deciding

case of making a name available for registration under the companies act 1956.

Once the promoters decide the name an application in the prescribed form which may be obtained

from the officer to the secretary of companies of the state where the registered office of the 

Private Limited Company Registration is situated.

The registrar may or may not approve the name.

In case the name is not approved then new names will have to be submitted it is better to avoid

rejection with in the period of 3 months.

The approval is usually valid for 3 months with in which period the new 

company registration in Chennai  may be registered and a new application should be made with

prescribed fees to register new company.

Page 9: Private limited company registration of prospective company

Private Limited Company Registration enjoyed by Privileges

Page 10: Private limited company registration of prospective company

Privileges Enjoyed by Private Limited Company Registration The basic differences between Private Companies and public companies whether

privileges or otherwise will at least suggest better case of formation of private companies

over public companies and the association of a Private Company restrict the transfer of

shares but there is no restriction for public company transferable.

The minimum number of director in a Private Limited Company is two and three for the

public company and no such question arises for a private company.

A private may commence its business immediately to incorporation as soon as registered.

But a public company before it could begin the business must have from the registrar of

associations and a documentation of onset of business section 149 in the companies Act

1956.

Page 11: Private limited company registration of prospective company

Privileges Enjoyed by Private Limited Company Registration

Page 12: Private limited company registration of prospective company

Private Limited Company Registration Allotment of Shares

The companies act 1956 applies only to public and not private companies which

provides prohibition of allotment of shares unless the minimum subscription has

been received.

A Private Limited Company must add the word “PRIVATE LIMITED” at the end

of its name and which is not a supplementary of a public company is not subjected

to any restriction in the matter of managerial remuneration in the companies act

1956.

But in the Private Limited Company Registration has no person other than a

member of the company concerned shall be entitled to inspect or obtain profit and

loss account of the company under section 610 in the companies act 1956.

Page 13: Private limited company registration of prospective company

Private Limited Company Registration Team Management

In the private limited company registration manages his affairs the way he

likes.

The partners also are better and private limited companies are virtually the

extended form of partnerships.

Because in private limited company registration in Chennai and partnership

merge the ownership and control virtually.

Page 14: Private limited company registration of prospective company

Private Limited Company Registration Team Management

The divorce of merge the ownership and management instead of merger

takes place in public limited company registration.

In the post of public limited company to appoint better and higher skilled

persons in the management team.

They should be men of understanding and integrity is a part of the

shareholdings may still actually control the 

Private Limited Company registration business.

Page 15: Private limited company registration of prospective company

Private Limited Company Registration Team Management

The companies may be either widely held or closely held in the company

registration widely held the public are substantially interested but not so in

closely held the Company Registration In Chennai.

The Private Limited Company Registration is closely held companies are

liable to positive exceptions  liable to their income at estimate which tax are

higher than the useful rates in the case of generally held companies.

Again the companies are required, likely to positive exceptions to distribute

premium up to the legal rate of their income in the 

Private Limited Company Registration are liable to pay additional

distributed profits.