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what is private limited company

rivate Limited Company are registered form of business and it’s popular and in trend now. To start the Private limited company there are Minimum of 2 members and Directors are required. The members can invest in capital from a minimum of Rs. 1 per person and has no limit on the maximum capital which can be Contributed by the members of the Company. The day to day activities are taken care by the Directors of the Company and the major decision are to be taken by the Members or Shareholders of the Company. Starting a private limited companies have various advantages and if you are looking to start a new business venture or to expand the existing business then registration of Private limited Company by Companybanalo.com should be the best option. The start-upIndiainitiative also recommend the Company from of structure and have added tax advantage compared to Partnership Companies. It is easy to fetch investments in share of a Private limited company then compare dto any other unregistered organisations. The shares in the company help investors to get in the company easily and also quit at their convenience.

Benefits of Private Limited Company

Know more about how Private Limited
Company Registration Works

procedure

Know more about how Private Limited
Company Registration Works

1Check if the Authorised Capital Support the Allontent

2Drafting of documents like offer letters and resolutions

3Receive the Money

4Filing of documents with ROC

5Issuing the Share Certificate

6Completion of task

documents required

Know more about how Private Limited
Company Registration Works

MOA/ AOA of the Company

Names of Person whom share to be alloted

Digital Signature of any one Director

List of existing Shareholders

Amount of Shares to be allotted

faq

Know more about how Private Limited
Company Registration Works

As per Companies Act, 2013, the valuation report shall be made by an independent merchant banker who is registered with the Securities and Exchange Board of India or an independent Chartered Accountant in practice having a minimum experience of ten years, However, as per Rule 11UA of Income Tax Act, only a merchant banker has the capacity to issue valuation report.

No, until and unless the return of allotment if filed with the Registrar i.e. PAS-3. Further, the money received shall not be utilized for any purpose other than for adjustment against allotment of securities; or for the repayment of monies where the company is unable to allot securities
The list of allottee shall contain the following: the full name, address, permanent Account Number and E-mail ID of such security holder; the class of security held; the date of allotment of security; the number of securities herd, nominal value and amount paid on such securities; and particulars of consideration received if tire securities were issued for consideration other than cash.
No, the offer letter cannot contain any right to renunciation. Moreover, the offer letter shall be serially numbered and addressed specifically to the person to whom the offer is made and no other person other than the person so addressed shall be allowed to apply through such application form. However Right Issue offer letter can contain the Right to Renunciation.
No, as per the provisions of Section 42(4), subscription money shall be received only by way of cheque or demand draft or other banking channel and not by way of cash.

why companybanalo.com

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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been
the industry's standard dummy.