Company Registration in Chennai - Solubilis

Company Registration Form with the Effect of Registration

Company Registration And Incorporation Of a Company

The company registration form of the initial organizational of the association is named the number of the persons is to be noticed. The particulars complete details of each member to the letter along with information of character as may be advised. The first director of the company person is mentioned their complete details are recommended in their objects.

The directors of the company aspects in different forms are corporate forward with their permission to act as such form may be recommended. The company registration in Chennai is verified that the group has been getting incorporated by appointing any mistaken or improper instructions or description by defeat any actual fact or materials in any of the documents or statement filed for registering such companies in Chennai.

 

Company Registration form Of AspectsA person is to be formed as a private limited company registration of the section without the extension of its name of the word Limited or as the expression may be the terms Private Limited. The company registration under this field shall like all the assets and be pointed to all the rights of limited companies. A Registration of this unit shall integrate only with another company is registered under this section and having related objects.A firm may be a member of the company registered under this section. If the company breaks any of the requirements of this section or any of the actions subject to which a license is issued or the cases of the company registration form are conducted fraudulently or in an aspect breaks the objects of the company to public concern.

A company registered under this element shall not develop the allocations of its letter or objects save with the previous confirmation of the government. When any change in the name of the company is made under the section and the registrar shall enter the new name in the register of companies is to be follow their old company name, the officer issue a new certificate of company registration in Chennai with the new name and the change name shall be completed. 

Company Registration Of Effects

The company registration form is specified in the certificate of incorporation, The subscribers of the announcement become the member of the company qualified of handling all the services of an incorporated company under this act in Chennai. The modification of every company is to be registered in the office is verified in the authorized presence. Where a company being a private limited company registration change in the articles in such a look that they no longer the controls which are needed to be combined with the objects of a private limited company under this act.What are the Characteristics of a company

Characteristics of a companyA company as an organization has many specific details which together form it a different management and its characteristics. The main characteristics of a company are following:

The Legal Entity :

The characteristics of every company is registered under the existing law and it has a different legal entity part of the members or shareholders of the company. The company is a fake person and it is a legal unit. It has certain rights and privileges of a natural person. A registered company has the right to acquire and ownership as well as transfer property in its own name. The act of a company can be held liable for no shareholders.

The Limited Liability members of a company

The liability of each member of a company is limited to the amount payable by him as an investor and the values of shared are subscribed by him.There is no member can be called upon to pay more than that amount may be the term of liability of the company .

The Transferable Shares of a company

The capital of a company consists of shares of a fixed value which are freely transferable . There is no doubt to be changing the value of market shares. But the paid up amount for a going concern amount of each share, which forms the support of distributing the earnings of the company registration between shareholders.

The Board of Directors function in a company

The board of directors of the company being an artificial person needs a human agent to function on its favor. The board of directors acts as its agent and work the day to day management of its tasks.

The Perpetual Succession of a registered company

A registered company maintains in itself Constance of the series. The condition or breakdown of its members does not change its members until anything disturbing fact takes place for twisting up subject to the position and provisions of the companies act for an registration.

The Common Seal of a company emblem

The characteristics of every company has a common seal and it is used as an emblem in all legal documents. The company is known in law as an artificial person. It has the right to enter into contracts in its own name registration in Chennai. Hence a common seal is main as a device to be used as the signature of the company.

Private Limited Company Nature of Business

The Provisions of Private Company and Public Company

The meaning of private company and the manner in which a public company is defined bear out the argument that these two categories of company are naturally exclusive. A private limited company which has become a public company by section 43.The basic difference between of this provision defines one hand a company which is incorporated as a public limited company under section (44) and on the other hand a private company which has become a public company by reason of the registration of section (43).

There are three specific type of company to attend a distinct place in the scheme of companies act they are

The Private companies of scheme The Public companies of scheme Private companies which has becomes public company by virtue of section 43.

Private Limited Company of NatureA private limited company is in substance of a partnership and the relationship among the members in the matter of the conduct of the affairs of the company should be examined on the footing that they are partners so long as the company continues to be a private limited company registration.The definition of section (3) with in the object of a private limited company may control the shares to transfer and place certain restrictions on it.

To constitute a private company the requirements of sections (3) had to be compiled with and such provisions to be included in the objects.The advantages and exceptions shall fail designated of the specification of company advised on private companies treated as it is not a private limited company.

Private Company Deemed to Public Company

A private limited company have be deemed to be a public limited company under the following situations.

Where not less than twenty five percent of the paid up share capital of a private company having a share capital is held by one or more bodies to incorporate in Chennai.

The private companies average turn over is not less than the prescribed amount during the three immediately preceding consecutive financial years.

A public company share capital of twenty percent of the paid holds not less than a private company.

Where a private company invites or renews deposits from the public.

The Procedure for Firm Registration under Partnership ActUnder the partnership Act, firm registration is optional, and not essential. This is clear from the plan of section 58 and 59. A suit by one partner to exact other partners to join in registration of the partnership is maintainable. The contract of partnership does not cancel a partnership of non registration it affects the right of a partnership registration is to make the third parties for recovery amounts due from them to the partnership. A partnership in a firm is called partnership at-will.

The name of partnership in a firm

The partners may select any firm name which will dishonestly mention that their business in the same as some other competing concerns. They cannot use words like president and royal, etc... which will mention that the firm  is enjoying the help of the state. The names of all the partners may be used together as the firm name or the name of any particular partner may be used.

It may happen that the name of a partner is used as the firm name, but the name is exactly with the firm name of a competitor’s mark. A man is allowed to use his own name for carrying on a business even though it is identical with the name of another person carrying on a similar business.

The Effect of Firm RegistrationThe firm registration may be affected at any time by post or by sending to the locality of the recorder of firms. The recommended fees followed by the statement in the duty, the following details are declaring

The name of firm registration The field of business of the firm or the principal part Where the firm delivers on business names to any other places The date when each partner combined in the firm The address and names of the partners The term of a firm

All the partners of the firm shall be verified and signed the report behalf of the authorized agents.On receipt of the statement and the fees, the registrar records an access to the reports in the secretary of firms is considered to be registered in Chennai. The register of firms can be inspected and copies of entries taken by on payment by any person to necessary fees.

The Classes Of Partners in a firm

The partners can be classified as below :

Active Partner :

An active partner is the one who actually participates in the firm of business. An agreement is only to becomes a person is partner of the firm

Nominal Partner :

These partners join the firm by agreement but do not take any effective side in the business. Their liabilities are same as of active partners.

Sub- Partner :

The transfer of a share of a partner’s interest in a firm is called a sub partner. The rights and liabilities are limited.