Company Registration in Tirupur

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…

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Do you wish to issue sweat equity shares?- company registration

Note that the sweat equity shares mean equity shares either issued by the company to its directors or employees at a discount or for consideration other than cash for providing know-how or making available rights in the nature of intellectual property rights or value additions or by whatever name called. Check whether at least 1 year has elapsed since the date on which your company has commenced business. Decide before convening a board meeting, the number of shares, their current…

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Punishment for fraudulent activities in a company

Punishment for fraud: Not having prejudice to any liability which includes the repayment of any debt under this act or any other law for the time being in force, any person who founds to be guilty of fraud, would be punishable with the imprisonment for a term which should not be less than six months but that may extend to ten years and shall be liable to a fine amount which shall not be less than the amount involved in…

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Significant things about holding and the subsidiary companies

Holding companies: Whether you are beginning to invest in securities which are issued by corporation such as preferred stocks, common stocks or corporate bonds or you are doing case studies on private companies because you are going to invest in your own business. In fact most of the successful companies in the world are really holding companies. This basic introduction here is to help you understand what holding companies are, why they play such a vital role in the modern…

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What is Non-Disclosure Agreement (NDA) and its key elements?

Non-disclosure Agreement: In business, there are numerous instances in which you want to share the confidential information with another party. But the important things while doing so safely is to make sure that the other party is bound to respect the information you provide them and not use it to your detriment. One general way to protect the secrecy of your information is through the non-disclosure agreement which is sometimes referred to as the “Confidentiality agreement”. When does the Non-disclosure…

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