February 07,2019

Private Limited Company

Private Limited Company A private limited company is a type of privately held small business entity. This type of business entity limits owner liability to their shares, limits the number of shareholders to 200, and restricts shareholders from publicly trading shares.   Company Law defines a private company as one which:-   has a minimum … Continue reading “Private Limited Company”

January 19,2019

Procedure For Incorporation Of Subsidiary Company Of An Existing Company

Procedure For Incorporation Of Subsidiary Company Of An Existing Company As per provisions of Section 2(87) of the Companies Act, 2013, “Subsidiary Company” or “subsidiary”, in relation to any other company (that is to say the holding company), means a company in which the holding company – (i) controls the composition of the Board of … Continue reading “Procedure For Incorporation Of Subsidiary Company Of An Existing Company”