private limited company registration of prospective company
DESCRIPTION
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 inTRANSCRIPT
Private Limited Company Registration of Prospective Company
Solubilis corporate service
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.
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.
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.
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.
Private Limited Company Registration Name of the 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.
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.
Private Limited Company Registration enjoyed by Privileges
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.
Privileges Enjoyed by Private Limited Company Registration
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.
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.
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.
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.