Tag Archives: #LegalProcedure

Q5.16 Importance of Company Registration: Why company registration is important ?

Importance of Company Registration

Importance of Company Registration Importance of Company Registration Website Link Importance of Company Registration:Company registration is important for several reasons: Legal Recognition: Registering a company gives it legal recognition as a separate legal entity from its owners (shareholders). It establishes the company as a distinct entity with its own rights, liabilities, and obligations. This separation… Read More »

Private limited company registration under companies act 2013?

Companies Act 2013

    Companies Act 2013 To establish a private limited company under the Companies Act 2013 in India, it is imperative to meticulously follow the registration process elucidated below: 1.Obtain Director Identification Number (DIN): Ensure that all proposed directors of the company have a Director Identification Number (DIN) issued by the Ministry of Corporate Affairs… Read More »

Winding Up of LLP: What is the procedure to wind up an LLP?

Winding Up of LLP

Winding Up of LLP Winding up of Limited Liability Partnership involves the process of closing down the business and settling its affairs. Here are the steps involved in winding up an LLP in India: 1.Firstly, Pass a resolution: The designated partners of the LLP must pass a resolution to wind up the business. This resolution… Read More »

LLP reconstitution: What is process of reconstitution deed in LLP?

LLP reconstitution

 LLP reconstitution The process of executing a reconstitution deed in an LLP involves making changes to the LLP agreement either adding or removing partners. Following is a step-by-step guide to the process: 1.Review the existing LLP agreement: Firstly, Start by thoroughly reviewing the current LLP reconstitution to identify the changes that need to be made.… Read More »