Company Formation in India!

Published: 29th November 2011
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We understand and appreciate that setting up of a Company is a life time decision of an entrepreneur and requires in depth strategic, business and legal considerations. Our dedicated team assists you in incorporating your company in a simple and economical way. We also assist those who are already into business as a proprietorship or a registered partnership firm or an LLP to convert their structure into a Private or Public Limited Company.




Company is a voluntary association of persons formed for the purpose of doing business having a distinct name and limited liability. It is a juristic person having a separate legal entity distinct from the members who constitute it, capable of rights and duties of its own and endowed with the potential of perpetual succession. The Companies Act, 1956, states that 'company' includes company formed and registered under the Act or an existing company i.e. a company formed or registered under any of the previous company laws.



However, company is not a citizen so as to claim fundamental rights granted to citizens.




We understand and appreciate that setting up of a Company is a life time decision of an entrepreneur and requires in depth strategic, business and legal considerations. Our dedicated team assists you in incorporating your company in a simple and economical way. We also assist those who are already into business as a proprietorship or a registered partnership firm or an LLP to convert their structure into a Private or Public Limited Company.


To initiate your Public or Private Limited Company formation process in India, you need to follow the following steps




1. Formation of company


2. Formation of LLP


3. Conversion of business into company


4. Conversion of business into LLP


5. Company law secretarial compliances


6. Trade mark & copyright services



Advantages

1. A company is a legal entity, distinct and independent of those persons who from time to time are its members.


2. The liability of the company’s members can be limited to the extent they have agreed to contribute towards the capital of the company with reference to the number of shares and/or the amount of guarantee respectively undertaken by them.



3. As the company is having an independent personality of its own, its members are not personally liable for any act or omission on the part of the company, unless the law expressly provides otherwise.


4. The company being a juristic person, distinct from the members constituting it, can acquire, own, enjoy and alienate property in its own name. As such the property would be that of the company and no member can make any claim upon it so long as the company is a going concern.


5. The company being a legal entity can sue and also be sued in its own name.


A Readymade company is a company that has been registered with Registrar of Companies but due to some reasons could not commence business due to any of the reasons like non availability of funds, manpower, and relocation of key directors, reduced demand of its products etc. Old readymade shelf companies, sometimes called old shelf or old shell companies, are dormant inactive companies that were incorporated / registered in the previous years but were never ever active. These companies have never ever traded or done any business transaction - but were registered earlier and are still dormant, inactive companies. These shelf companies are totally clean - meaning free from defects, liens, judgments, or any other liabilities etc. Our shelf companies are guaranteed to be clear of any business debts or liabilities.



We can help you in identifying the Readymade Shelf Companies which can help in following ways:



• To save the time involved in taking the steps to create a new corporation.


• To gain the opportunity to bid on contracts. Some jurisdictions require that a company be in business for a certain length of time to have this ability.


• To create an appearance of corporate longevity, which may boost investor or consumer confidence.


• To gain access to investment capital.


• To gain easier access to corporate credit.



Company Formation India Providing Services Of Company registration Business Setup registration for any types of company Pvt or Ltd.





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