Paid-up Capital

Share Transfer

23rd May 2019

The shareholders for share transfer of the Company holds the ownership of the company limited by shares. The shareholders in turn appoint Directors to manage the affairs of the Company. Ownership of a company rests with the shareholders and not the Directors. Ownership of a company can be transferred by transfer of shares. Family members […]

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Increasing Capital

20th May 2019

Increasing Capital The capital of a company is divided into units of a fixed denomination. Share refers to only such a unit. section 2 (84) of The Companies Act 2013 defines  “share” means a share in the share capital of a company and includes stock. Section 2(8) of The Companies Act 2013 defines that “Authorized […]

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One Person Company Registrations

20th May 2019

One Person Company Registrations A new concept has been introduced in the Company’s Act 2013, about the Open Person Company (OPC). In a Private Company, a minimum of 2 Directors and Members are required whereas in a Public Company, a minimum of 3 Directors and a minimum of 7 members. A single person could not […]

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