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Where you have to go for registration of company under companies act 1956?
Wiki User
∙ 12y ago
To the registrar of companies and have to file the required documents as per the act
Wiki User
∙ 12y ago
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What are the redeemable preference share and irredeemable preference share?
A redeemable preference share is issued on the terms where they are liable to be redeemed at either a fixed time, or the company's option or at the shareholders option. Non-redeemable or Irredeemable preference shares need not be repaid by the company except on winding up of the company. According to Section 100 of the Companies Act, 1956 : If a company collects the money through redeemable preference shares, this money must be returned on its maturity whether company is liquidated or not. Section 80 of the Companies Act, 1956 lays down some provisions relating to redeemable preference shares : 1. The shares to be redeemed must be fully paid-up. 2. Capital reserves from forfeiture of shares and share premium account are not available for payment of redeemable preference share holders. 3. Its payment will be out of the net profit of the company or amount received on issue of new shares. Company cannot sale amount of asset for redemption of redeemable preference shares.
What do sweat equity shares mean?
According to Section 79A of Indian Companies Act,1956 shares issued by the company to its employees and directors at discount or for consideration other than cash for providing know how or making available intellectual property rights or value additions are known as sweat equity shares.
Comsumer finance company from 1956 I have a 5000 dollar bond from Consumer finance company dated 1956 Does it still have a cash value?
Sorry Consumer Finance Bonds ended their cash value in 1978 and have a 5 year grace period for redemption. Thus you had until 1983 to "cash in" sorry!
Can a private limited company issue its preference share on premium?
Yes. Ref. section 78 of the companies act, 1956 in which word "Securities" has been used which includes shares,debenture,bonds and ther marketable securities as used in sec 2-h of Securities Contracts ACt. Other views are solicited.
What are right shares?
Right shares are the shares which are offere by the company to the existing shareholders.Simply stated the existing shareholders have a right to subscribe for the shares which are offered by hte company after initial allotment until some special right is reserved for any other person by special resolution in this respect. Section 81 i.e Further issue of capital of companies act 1956 deals with this and it states that where at any time after the expiry of two years from the frmation of a company or at any time after the expiry of one year from the allotment of shares in that company made for the first time after its formation, whichever is earlier, it is proposed to increase the subscribed capital of the company by allotment of further shares.
List of companies in lucknow under Act 1956?
I know one company which is registered under sec-25 of the companies act 1956, its Bhartiya Micro Credit
What is the meaning of government company?
The companies which are established under the Indian companies Act 1956. A companies whose majority shares are held up by the government is called a government company.
Company Limited by Shares under Section 25 of the Companies Act 1956 its required to take certificate of commnecment of business under the Section 149 of Companies Act 1956?
No Section 25 Company need not require to take Certificate of Commencement of Business. Thanks RM Tiwari Company Secretary rmtiwarifcs@gmail.com
Can a company be declared as insolvent under companies act 1956?
No. It can be wound up. In India, only individuals can be declared insolvent.
List of companies registered under companies act 1956?
labatasia
Which one of the following major ports has been incorporated as a company under the Indian companies act 1956 and not and administered by a port trust board?
ennore
Can Company under Section 25 of the Companies Act 1956 be listed company?
yes. They issue sharestothe public and hence are listed in listed in stock exchasnges to facilitate for trading of their shares.
What are the qualification for internal auditor under the Companies Act 1956?
Not specifically prescribed in company act 1956 but in company act 2011 it is recommended that internal auditor must be ca/cma or other professional suitable for internal audit in opinion of board.
List of MLM companies in under Act 1956?
telexfree
Red Carpet Entertainment Pvt Ltd is registred?
Red Carpet Entertainment Pvt Ltd. is incorporated under companies act 1956 and the company is limited.
Which are the companies in India?
Any Body Cooperate registered under Indian Companies Act. 1956.
Free reserves under S372A of the companies Act 1956 whether includes capital reserves?
No, Capital reserves cannot be part of free reserves under S372A of Companies Act 1956.
