Company Registration

Summary of Objects – Company Registration in Coimbatore

Objects Clause in English Companies Act, 2006 Under English Companies Act, 2006 a provision as to objects is required to be made in the articles of association. Section 31(1) of English Companies Act, 2006 provides that unless the company’s articles specifically restrict the objects of the company, its objects are unrestricted. Effect of amendment on statement of objects The effect of the Clauses (c) and (d) of section  13(1) of the 1956 Act as amended by the Act 31 of…

Read More

Implementation of Schemes – Company Registration in Coimbatore

Implementation of Schemes through trust A company may implement schemes either directly or by setting up an irrevocable trust. provided that if the scheme is to be implemented through a trust the same has to be decided up front at the time of taking approval of the shareholders for setting up the schemes. Provided further that if the scheme involves secondary acquisition or gift or both, then it is mandatory for the company to implement such scheme(s) through a trust(s).…

Read More

Minimum subscription and Allotment – Company Registration in Coimbatore

Section 69 of Companies Act, 1956 The provisions of sections 69 and 75 of the 1956 Act in this regard and their genesis and minimum interpretation would be valid for interpretation and scope of section 39 of the 2013 Act. Minimum subscription Over  a period of time, the concept of minimum subscription has changed. Originally, it was taken to mean that minimum amount which must be raised for a project or idea to get developed to a minimum level. In…

Read More

Corrections and Amendments – Trademark Registration in Coimbatore

Corrections and amendments: – Trademark Registration in Coimbatore The registrar may think at any time with such terms, whether before or after the acceptance of an application for the trademark registration as per the section 18, which permits the corrections of any error in or having a connection with the application or permit the amendment of an application: Provided that if an amendments or corrections are made to a single application referred to in sub-section(2) of section 18 involving the decision…

Read More

Do you wish to know more about the director appointment?

Here, we are going to discuss more on the appointment of a director. What is your exact need? do you wish to appoint an additional director or appoint an alternate director? Look on this article to get a clear perspective. Do you wish to appoint an additional director? Consult the articles of association of your company to see whether they authorize the board of directors to appoint additional directors; if not, complete proceedings to alter them accordingly. See that a confirmation…

Read More