Consultancy PVT. LTD.


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Company Law services

Company Registration Services

Companies incorporated or registered in India are governed by the Companies Act. We take over from you the burdens of administrative aspects of the company legislation while you are forming your company.

We keep things abreast in accordance with the changing rules and regulations in the Companies Act. This ensures that we leave you to be concerned about things you are adept at while we take care of the other nitty-gritty of the law.

Company Incorporation.

  • Preparation and maintenance of board meeting minutes and providing corporate advice to board on maintenance of records and statutory compliances.
  • Issuance of Annual Compliance Certificate.
  • Consulting on legal and corporate procedural issues.
  • Advising on legal and corporate procedural issues.
  • Director Identification Number (DIN).
  • Listing of securities and compliance with listing agreement and SEBI regulation.
  • Efiling of Annual Returns & Other Applicable Forms under the Companies Act
  • Digital Signature
  • Mergers and amalgamation
  • Liquidation
  • We provide services to clients who want to start and operate in India, who want to enter our Indian market or want a local partner. We are available for all types of business services. We offer professional support, so you can benefit from our expertise and knowledge of Indian local market.

    If you are looking to register a company, begin business in India, invest in Indian property, and find a local partner, moved to India or looking for support before and during your stay in India we are the best choice for you.

    PRIVATE LIMITED COMPANY

  • Private Limited Companies are those types of companies where minimum number of members is two and maximum number is fifty.
  • A private limited company has the limited liability of members but at the same time it has many characteristics as those of a partnership firm.
  • A private limited company has all the advantages of partnership namely flexibility, greater capital combination of different and diversified abilities, etc., and at the same time it has advantages of limited liability, greater stability and legal entity.
  • In this sense, a private limited company stands between partnership and widely owned public company. Identifying marks of a private limited company are name, number of members, shares, formation, management, directors and meetings, etc.,
  • The maximum number of directors shall have to be mentioned in the Articles of Association. In the grand of privileges and exemptions, the Companies Act has drawn a distinction between an independent private company and other private company which is a subsidiary to the other public company.
  • PRIVATE LIMITED COMPANY INCORPORATION PROCESS

    Registration of a Private Limited Company can be done quickly and efficiently by BCPL Consultants. The following is the process through which a pvt ltd company is incorporated by BCPL Consultants. Once the order is placed, a representative from BCPL Consultants will call you to understand your requirements with respect to starting a company and explain to you about the required documents that are needed to start the incorporation process. Once, the requested documents are obtained, an application for Director Identification Number (DIN) for the proposed Directors and Digital Signature for one Director is applied for by BCPL Consultants with the appropriate authorities. DIN is usually obtained within 1-2 working days and it takes about 5-8 working days to obtain Digital Signature.

    Once DIN and Digital Signature are obtained, application for availability of name for the proposed pvt ltd company is made to the Ministry of Corporate Affairs on Form 1A. It takes on average about 3-5 working days for the state Registrar of Company to approve / reject the proposed name based on their workload.

    Once the name is approved, the MOA and AOA are filed for the incorporation of the Private Limited Company and certificate of incorporation is obtained.

    BCPL Consultants can incorporate companies across India in any of the states. Some of the major cities we incorporate pvt ltd companies include Delhi, Mumbai, Chennai, Bangalore, Pune, Hyderabad, Kolkata, Jaipur, Chandigarh, Lucknow, Raipur, Agartala, Patna, Bhopal, Bhuvaneswar, Itnagar, Ranchi, Shimla, Thiruvananthapuram, Dehradun, Imphal, Shillong, Kohima, Aizawl, Dispur, Gandhinagar, Srinagar

    Restrictions on Private Companies are as follows:

    1. Its name must end with two words ″Private Limited″.
    2. It must submit a separate set of Articles of its own at the time of registration.
    3. The accounts of a private company are required to be audited by qualified auditors.
    4. Annual return is to be filed with the Registrar together with 3 copies of balance sheet, profit and loss account and the auditor′s report.
    5. It must have at least two directors.
    6. Shareholders must not appoint more than one person as proxy to attend any one meeting.
    7. File a statement with the Registrar showing that no public invitation for shares and debentures have been made and that the number of members does not exceed fifty.
    8. It cannot issue share warrants in vide of the restrictions on the transfer of shares.

    PARTNERSHIP

    According to section 4 of the Indian Partnership Act, it is 'the relation between persons who have agreed to share the profits of a business carried on by all or any of them acting for all'.
    The basic elements are thus:
    1. Partners: Persons who have entered into partnership with one another are called individually 'partners'.
    2. A firm: Persons who have entered into partnership with one another are called collectively 'a firm'.
    3. Firm name: The name under which the business of the partners is carried on is called the 'firm name'.
    4. Business and
    5. Profit sharing..

    A partnership is not a legal entity and cannot be regarded as a person like a company. partnership is the result of contract. It is created either by (i) express agreement, oral or written; or (ii) conduct implication.

    The rights of a partner are to manage, give opinion, share profits and interest on capital under certain cases, etc., Likewise, his/her duties are to work for common advantage, remain faithful and render accounts, and not to use partnership property for personal interest.Restrictions on Private Companies are as follows:
    1. Its name must end with two words ″Private Limited″.
    2. It must submit a separate set of Articles of its own at the time of registration.
    3. The accounts of a private company are required to be audited by qualified auditors.
    4. Annual return is to be filed with the Registrar together with 3 copies of balance sheet, profit and loss account and the auditor′s report.
    5. It must have at least two directors.
    6. Shareholders must not appoint more than one person as proxy to attend any one meeting.
    7. File a statement with the Registrar showing that no public invitation for shares and debentures have been made and that the number of members does not exceed fifty.
    8. It cannot issue share warrants in vide of the restrictions on the transfer of shares.

    PARTNERSHIP DEED

    A partnership may be created by a written document. To avoid unnecessary misunderstanding, harassment and unpleasantness among the partners in the event of any dispute it is suggested that partnership agreement should be jotted down in a written instrument. The written instrument is known as Deed of partnership. The law relating to a partnership firm is contained in the Indian Partnership Act, 1932. Under Section 58 of the Act, a firm may be registered at any time ( not merely at the time of its formation but subsequently also ) by filing an application with the Registrar of Firms of the area in which any place of business of the firm is situated or proposed to be situated.

    Advantages of forming a partnership

    o 1. easy to establish.
    o 2. profits go right into partners' pockets, providing for easier tax reporting.
    o 3. less regulatory compliance / filing requirement when compared to a private limited company or a limited company.

    Disadvantages of forming a partnership

    o 1. partners are individually liable for business debts.
    o 2. partners are subject to the actions of other partners.
    o 3. limited life of a partnership -- if one partner leaves the partnership can end.