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   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 (MCA). If they don’t have one, they can apply for it online through the MCA portal.  2. Digital Signature Certificate (DSC): At least one… 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   What is the Process of Reconstitution Deed in an LLP? Limited Liability Partnerships (LLPs) have become a popular choice for businesses, combining the benefits of partnerships and limited liability companies. Over time, LLPs may undergo changes that necessitate altering the original partnership agreement. This is where the reconstitution deed comes into play.… Read More »