919818092002 PRIVATE LIMITED COMPANY IN INDIA Vinay Gupta
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+919818092002 >>>> PRIVATE LIMITED COMPANY IN INDIA Vinay Gupta Director Company India Advisors Private Ltd email: info@companyindia. co. in Mobile: +91 9818922002 http: //companyindia. co. in/ Company India Advisors Private Ltd
? Y N A P M O C ED T I M I L E T A V I What is PR +919818092002 v. A private limited company is the company, which arranges its funds from the owners and the relatives of the owners of the company only and not from outsiders. v. A company whose ownership is private. As a result, it does not need to meet the strict Securities and Exchange Commission filing requirements of public companies. Company India Advisors Private Ltd
e t a v i r P a g n i tt e s f o s t n e m Require ia d n I n i y n a p Limited Com +919818092002 CAPITAL REQUIREMENT The minimum authorized share capital or the minimum funds requirement for setting a private company in India is (INR) Rs. 1, 000 Company India Advisors Private Ltd
+919818092002 MINIMUM MEMBERS Ø The minimum number requirement in case of Private Limited Company id TWO Company India Advisors Private Ltd
. . … S R O T C DIRE WHO ARE DIRECTORS FOR THE PRIVATE LIMITED COMPANY? The directors are the major group of stakeholders of the company. The directors are the persons who handle the operations of the company. COMPANY INDIA ADVISORS
The Legal Status of the director The director occupies the position of a: ü As a Trustee- In relation to the company ü As Agents- When they act o n behalf of the company ü As Managing Partner-As they are entrusted with the responsibility of the company COMPANY INDIA ADVISORS
Qualification Shares In case there is requirement as per the AOA for the director is bound to buy qualification shares If acts are done by the director prior to he or she being disqualified, the acts are considered to be valid. COMPANY INDIA ADVISORS
+919818092002 MINIMUM NUMBER OF DIRECTORS The minimum number of directors for a Private Company are TWO. Company India Advisors Private Ltd
. . … e t a r o p r it To Inco Time Lim ØThe time for incorporating a private limited company is near about 15 to 16 days…. . Company India Advisors Private Ltd
e t a v i r P e t a r o p r o c n I o t w Ho ? a i d n I n i y n a p m o C d e t i m Li +919818092002 ü Selection of type of the company. ü Selection of name for the proposed company. ü Apply for Directors Identification Number and Digital Signatures. ü Drafting of Memorandum and Articles of Company India Advisors Private Ltd Association.
+919818092002 üStamping, digitally signing and e-filing of various documents with the Registrar. üPayment of Fees. üObtaining Certificate of Incorporation. üPreparation and filing of Prospectus/Statement in lieu of Prospectus and e-Form 19/20 (in case of public companies) for obtaining the certificate of commencement of business. Company India Advisors Private Ltd
s e n i l e d i u G Name Company Act India specify that certain words are important like India, Global, World, Industry etc and authorized capital norms are difference for the company having such special word in the name of the company COMPANY INDIA ADVISORS
ØSeparate legal entity ØIncorporated body ØArtificial legal person ØPerpetual succession ØLimited liability ØCommon seal. Company India Advisors Private Ltd
+919818092002 ØRight to sue ØRight to enter in to contracts ØFlexibility of investment ØSeparation of control from the ownership ØRight to own property Company India Advisors Private Ltd
+91 9818092002 ØDigital Signatures ØDirector Information Number ØBoard Meetings ØAnnual General Meetings ØAnnual Filing of Forms ØYearly Forms by Directors ØMaintenance of statutory register & minutes book Company India Advisors Private Ltd
What is a Digital Signature Certificate (DSC)? Digital Signature Certificates are electronic format of physical signatures. DSC can be presented electronically to access information or services on the Internet, to prove the identity or to sign certain documents digitally. DSC requirement? 16 th September 2006 all the documents required to be filed with ROC have to be filed on portal of Ministry of Corporate Affairs at www. mca. gov. in using Digital Signature Certificate. Company India Advisors Private Ltd
DIN…. . ? +919818092002 No person can be appointed as a Director without getting a DIN. The compliance can be quite an irritant foreign residents, as all the documents need to be notarised. If the documents are not in English then translated version along with the original documents need to be notarised. Company India Advisors Private Ltd
+919818092002 1. Periodicity of the Board Meetings 2. Interval between two Board Meetings 3. Day of holding meeting 4. Time of holding Board meetings 5. Place for holding Board Meeting Company India Advisors Private Ltd
+919818092002 Classification of minutes Minutes can be classified into the following three types on the kind of meeting to which they relate: - Ø Minutes of Board meetings Ø Minutes of meetings of committee of the Board Ø Minutes of General meetings Company India Advisors Private Ltd
S G N I T L MEE A R E N E G +919818092002 1. Periodicity of the Board Meetings 2. Interval between two Board Meetings 3. Day of holding meeting 4. Time of holding Board meetings 5. Place for holding Board Meeting Company India Advisors Private Ltd
+919818092002 The term ‘minutes’ though not defined in the Companies Act, 1956, may be considered as a written record of proceedings of a meeting of any Company duly kept in pursuance of the law. Company India Advisors Private Ltd
+919818092002 The term ‘minutes’ though not defined in the Companies Act, 1956, may be considered as a written record of proceedings of a meeting of any Company duly kept in pursuance of the law. Company India Advisors Private Ltd
f o g n i l i F l a Annu Forms +919818092002 §There a number of annual forms that need to be filed besides the annual financials. §The information is quite detailed and talks about shareholdings, directors, financials, etc. §All these forms are required to be certified by a practicing Chartered Accountant or practicing Company Secretary Company India Advisors Private Ltd
+919818092002 >>>> THANK YOU Vinay Gupta Director Company India Advisors Private Ltd email: info@companyindia. co. in Mobile: +91 9818922002 http: //companyindia. co. in Company India Advisors Private Ltd /
Company India Advisors Private Ltd
Company India Advisors Private Ltd
Company India Advisors Private Ltd
Company India Advisors Private Ltd
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Company India Advisors Private Ltd
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