Effect of Registration From the date of incorporation mentioned in the certificate of incorporation, such subscribers to the memorandum and all other persons, as may, from time to time, become members of the company, shall be a body corporate by the name contained in the memorandum, capable of exercising all the functions of an incorporated company under this Act and having perpetual succession 1[Omitted] with […]
Formation of Companies with Charitable Objects, etc (1) Where it is proved to the satisfaction of the Central Government that a person or an association of persons proposed to be registered under this Act as a limited company— (a) has in its objects the promotion of commerce, art, science, sports, education, research, social welfare, religion, charity, protection
Incorporation of Company (1) There shall be filed with the Registrar within whose jurisdiction the registered office of a company is proposed to be situated, the following documents and information for registration, namely:— (a) the memorandum and articles of the company duly signed by all the subscribers to the memorandum in such manner as may be prescribed; (b) a declaration in the prescribed form by an advocate, a chartered accountant, cost accountant or company secretary in
Articles (1) The articles of a company shall contain the regulations for management of the company. (2) The articles shall also contain such matters, as may be prescribed: Provided that nothing prescribed in this sub-section shall be deemed to prevent a company from including such additional matters in its articles as may be considered necessary for its management. (3) The articles may contain provisions for entrenchment to the effect that specified
Memorandum 2[(1) The memorandum of a company shall state— (a) the name of the company with the last word “Limited” 1in the case of a public limited company, or the last words “Private Limited” in the case of a private limited company]: 4[Provided that nothing in this clause shall apply to a company registered under section 8;] (b) the State in which the registered office
Members severally liable in certain cases If at any time the number of members of a company is reduced, in the case of a public company, below seven, in the case of a private company, below two, and the company carries on business for more than six months while the number of members is so
Section 3 of The Companies Act, 2013 reads as – Formation of company.— 1) A company may be formed for any lawful purpose by— a) seven or more persons, where the company to be formed is to be a public company; b) two or more persons, where the company to be formed is to be
Short Title, Extent, Commencement and Application (1) This Act may be called the Companies Act, 2013. (2) It extends to the whole of India. (3) This section shall come into force at once and the remaining provisions of this Act shall come into force on such date as the Central Government may, by notification in the Official Gazette,
Overall maximum managerial remuneration and managerial remuneration in case of absence or inadequacy of profits. Limits on Managerial Remuneration in Public Companies Position Limit on Remuneration Directors (including MD and WTD) Not more than 11% of net profits of the company Manager Not more than 11% of net profits of the company Directors (MD,
The Registrar of Companies (ROC) Delhi holds a pivotal role in the Indian corporate landscape. As a regulatory body, it exercises significant powers and bears various responsibilities concerning company registration and compliance. In this article, we will delve into the powers, duties, authority, and jurisdiction of the Registrar of Companies Delhi, shedding light on its
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