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Company Registration in Bangalore is Made Simple- Even kids Can Do It.

Here in this blog forum, I am going to confer about the easy way of company registration in Bangalore and its privilegeu2019s.

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Company Registration in Bangalore is Made Simple- Even kids Can Do It.

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  1. Company Registration in Bangalore is Made Simple- Even kids Can Do It. Here in this blog forum, I am going to confer about the easy way of company registration in Bangalore and its privilege’s.

  2. WHAT IS A COMPANY? Company registration in Bangalore is a simple and secured process. A company is an association of many persons who contribute money or money’s worth to a common stock and employ it for a common purpose. The contributed common stock is denoted in terms of money and it is the capital of the company. The person who contribute it or to whom it belongs are its members and the proportion of the raised capital to which each member is entitled is his/her share.

  3. TYPES OF COMPANIES A company in which the liability of its members to contribute to its assets is limited to the amount, if any unpaid on their shares is said to be company limited by shares. • When the liability of the member is limited by the memorandum, it refers to company limited by guarantee. A guarantee company may or may not have a share capital. • A company not having any limit on the liability of its members is termed as “unlimited company.”

  4. PRIVILEGES ENJOYED BY PRIVATE LTD COMPANY IN BANGALORE • Allotment of shares: section 69 of the act applies only to the public companies which parallely provides prohibition of allotment of shares until and unless the minimum subscription is received. • Statutory meeting and report: The law that governs and holds the statutory report and meeting as applied to public companies do not apply to private companies. Managerial remuneration and rules regarding directors, demand for poll and inspection of books of accounts are some of the other privileges that can be enjoyed in a private limited company

  5. LEVERAGES OF AN INCORPORATED COMPANY IN BANGALORE The birth of business is much more than death of a business. So, the formation of business organization is on the side of increase not decrease; it may be either private or public or partnership or LLP registration in Bangalore. Limited liability is undoubtedly the striking advantage of corporate form of business over unincorporated bodies.

  6. COMPANY REGISTRATION IN BANGALORE -GENERAL The registration of a public or a private limited company is regulated under the Companies act 1956. When persons associated together for any lawful purpose and when a company is prohibited in terms of express by the act from so registering, it cannot be registered under the Act, 1956. There are some restrictions on the power. Even one person company registration in Bangalore is a kind of much profitable company registration services in Bangalore.

  7. PROMOTION AND FORMATION AGREEMENTS The close alliance of law with business will be evident when we come across the term promoter in company promotion, as the term promoter is a term and not a law. The section provides that the “expression promoter” is a party to the preparation of prospectus or of the portions thereof containing the statement, but does not include any person by reason of his action in a professional capacity for persons engaged in procuring the formation of the company.

  8. SECURITIES, SHARES AND DEBENTURE The security for a private limited company includes shares, scripts, stocks, bonds and debentures or other marketable securities of a likely nature incorporated company or other body corporate. It is also applicable in government securities and rights or interest in securities. The act has given an inclusive but does not have exhaustive meaning of the term share. Share stands for share in the share capital of a company and includes stock except where a distinction between stock and share is expressed or implied.

  9. CONCLUSION Choosing the right category at right time & generation is very essential to start and company which may a public limited company or a private limited company registration in Bangalore. “Start a company and gain profit as well as professional experience!”

  10. CONTACT: Sony Complex, #10/3 2nd floor MaruthiSevanagar, BanaswadiMain Rd, Next to Bharath Petrol Bunk, Bangalore 560033. +91 9842480987 Mail Us At: info@earnlogic.in - revathi@earnlogic.in https://www.earnlogic.in/blog/company-registration-bangalore-simple/

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