Companies ACT

Companies - Law - In India - Companies ACT - 1956 /2013

MCA - Master of Computer Application

Ministry of Corporate Affairs -MCA - www.mca.gov.in

ROC- Registrar of Companies

Hindusthan

A2B

Iyyenkar’s Bakery

Saravana Bhavan

New Saravana Bhavan , Saravana Bhavan Hotel, Hotel Saravana Bhavan

McDonald’s ,KFC

WIPRO, TCS, Wipro

www.techvolt software pvt ltd ,

First : Identify the Names

DIN: Director Identification Number

Aadhaar card & PAN Card :

We have to read some declaration: Selfie

Digital Signature :

Equity Shares & Preference shares

Absorption ,Amalgamation & Reconstruction

Franchisee, Joint venture

 Equity Shares :

-- Fund raised
-- Owners of the company
-- Profit - Dividend (%)

Eg: 1000 shares ,Profit 50 Lakhs , 20 Lakhs , Each share Rs.2000/-

AGM -Annual General Meeting

Board Meeting :
Central Assembly : 543 / 272

Preference Shares :
- Equity share holder become preference share holder
Dividend Money against Share issue

Winding up : Liquidation (Assets ) ,

Joint Venture -- Vi

Absorption
Amalgamation
Re-construction

Franchisee -- Branding Name- Royalty == Deposit -1 or 2 year - 30% or 40%

Eg: A is the existing company , B -New company

Companies Limited by shares / Guarantee / Liabilities

Types :

1.Public Ltd

2. Pvt Ltd

3. One Person Company ( 2013) -OPC

4. Sole proprietorship

5. Partnership Firm

6. Non profit Association -NGO’s, Trust & Society

Public Ltd :

- Pvt People + Public Also part of it (Fund Raised in Public)

ABC Limited - ABC Pvt Ltd
BCCI -
- Stock Exchange Listed - NSE/BSE/SEBI
- Minimum of 7 People
- Maximum people is Unlimited
- Directors - DIN - Director Identification Number (above 18 yrs, PAN & Aadhar
card - Selfie - ) ,
- Director -3 (Executive Director)
- Name of the company - Same Names
- Minimum Capital - 5 Lakhs
- License -- Certificate of Incorporation (Proof of Doc)
MOA -- Memorandum of Association - Objective ?
AOA-- Articles of Association -- Own rules & Regulations
Commencement of Business -Certificate
7 Members -5 Lakhs - Company -Bank A/c -5 Lakhs (7 Members- A/c )
-withdraw
PAN Number --
TAN Number --
 2. Private Limited Companies : Techvolt Software Pvt Ltd

Minimum Number of People : 2

Maximum Number of People : 200 Executive directors: 2
DIN :
Incorporation (Certificate of Incorporation)
Commencement of Business - Immediate
MOA
AOA
Minimum Capital : 1 Lakhs(1956) -2013 (Any Value)

Director : Maximum : 20 companies ( 10 Pvt Ltd 10 Public Companies, All 20

Pvt also )

Authorized share capital -- upto 10 Lakhs - Don't need to appoint a Company

Secretary, IF above 10 Lakhs -Individual company secretary we have to recruit.

Paid up share capital --- --- 100000/-

ROC

3. OPC (One Person Company)- Techvolt Software (OPC) Pvt Ltd

It is also PVT Ltd (From 2013 )
Doing the business turnover in a year upto 50 Lakhs
1 Person is enough start a company
Certificate of Incorporation, MOA & AOA

4. Sole proprietorship
No formal Registration
Company & The person -both are same
Technologies, solutions, ---
PAN

5. Partnership Firm :

Yes, Partnership Deed --

Minimum Partners 2
Maximum Partners 20 (Incase banking related -10 )
Working Partner ? Sleeping Partner ? Drawings ?

6. Non Profit Association (1956-Section 25 companies) 2013-

NGO’s , Trust & Society

 6000-4500 =1500*30% =450 CR

Board Meeting :

Minutes of Meeting

Extra ordinary General Meeting

AGM --