For a private company or an unlisted public company, Section 68, 69 and 70 of the Companies Act and Rule 17 of the Companies (Share Capital and Debentures) Rule 2014 are applicable.

Eligibility criteria under fast track exit scheme A company which is not in business or operation for two years and has not filed for any application within such period for obtaining the status of a dormant company under section 455 A Consent of 75% of the members in terms of paid-up share capital A company which has failed to start its business within one year of its incorporation Extinguishment of all assets and liabilities The company is not operating its bank account.

Naming the entity Private limited company: It is mandatory that the name provided by the promoters must be approved by the registrar of a company.

A promoter is an individual who does the vital preliminary work incidental to the formation of a company.

Similarly, an existing company can be converted to an LLP by filing Form 18 along with Form 2.

The company had to launch massive advertising campaigns to prevent misuse of the same.

An overview of the key information to be included in the application along with additional particulars which need to arranged and duly verified before filing in  order to accept the trademark application without objection: Applicant's full name, address and nationality Applicant's home country address, in case of convention application Type of applicant- individual, joint proprietors, partnership firm, company, or a government undertaking Principal place of business and a valid email address Name, description and 2 copies (image) of the trademark Description of all the goods and services that your trademark covered Power of attorney (in case agent file the trademark application) and name of the trademark owner Translation of the trademark, if contains foreign words Statement of use, only if mark is already in use What are the other parameters needed to be verified before filing a trademark application?

Firstly, such registration should not defeat the purpose of the concept of trademarks, i.e. consumers should be able to differentiate between goods and services originating from different business or companies.

For example; “Escalator” was a name of a company however over the years it has become a generic term that describes a class of goods i.e. automatic stairs.

Some of the top five things which are highly important to consider when planning to build a Private Limited Company in India are: The idea Your idea of your product or startup (as or not as a Private Limited Company in India) is an essential part that will give birth to your startup.

Further, the “Competent Authority” for the purposes of the Act means the relevant authority competent to register any company, firm or other body of persons or any trademark or design or to grant a patent.

You can either visit the Trademark Office and fill the form manually or file the form online through Quick Company or IP India.

One Resident Director It is mandatory as per Section 149(3) of the Companies Act of 2013 that at least one Director of the company must have stayed in India for a total period of at least 182 days in the previous calendar and such director need not be a citizen of India.

A foreign national can be nominated and appointed to the positions of Women Director, Independent Director, Small Director, Additional Director, Alternative and Nominee Director in Indian Companies by complying with the Companies Act, 2013.

Foreign Company is a company registered outside India, under a foreign law other than Indian law. 5.

DIN Services: Director Identification Number is essential for a Promoter to incorporate a company in India.

In order to meet the local expenses in connection with the projects in India, an overseas company can open foreign currency accounts with banks in India if they are executing projects in India.

No, the public limited company is not eligible to start up How many Persons are required to incorporate a public limited company?

As the company is being governed by a Board, no individual interest will rule over. 2.

Listed below is the registration procedure for a Public Limited Company.

Capital: The minimum capital required to form a public limited company is Rs.500, 000/- However, as per theAct, this limit is not applicable to companies having a license under section 25.

The term “goes public” is generally used to address the IPO of an existing company which decides to list its shares on a Stock Exchange.

The Company name that includes the following will require Central Government approval: (a)Board (b) Commission (c) Authority (d) Undertaking (e)National (f) Union (g) Central (h) Federal (i) Republic (j) President (k) Rashtrapati (l) Small Scale Industries (m) Khadi and Village Industries Corporation (n) Financial, forest, Corporation and the like (o) Municipal (p) Panchayat (q) Development Authority (r) Prime Minister or Chief Minister (s) Minister (t) Nation (u) Forest corporation (v) Development Scheme (w) Statute or Statutory (x) Court or Judiciary (y) Governor (z) Bureau Also, the usage of word Scheme with the name of Government, State, India, Bharat or any government authority or in any manner resembling with the schemes launched by Central, state or local Governments and authorities also require approval from Central Government Ending Names As per the Act, it is mandatory to suffix the type of Company name or should be shown as prescribed.

For example, if a company name ABCD Private Limited already exists, the promoters of a new company cannot register the name as ABCD Pvt.

Utility proof To prove that the registered address of the company is functional, it is required to produce a utility bill of the registered address of the company.

It is worth to note here that a Partnership Firm and a Sole Proprietorship do not qualify as a Company, as it doesn’t involve registration.

The assets of partners are secured 2.Perpetual Succession: Similar to those of a company, the LLP have the facility of nominating the successor.

Also, the members of a company are not liable for the company's debts to its creditors. 4.

Certain non profit types of companies can also be established in India, they are: Section 8 Company A Section 8 Company is the most popular forms of Non-Profit Organizations in India, recognized under the Companies Act, 2013.

Step 1A: DIN and DSC Registration Along with the registration of Name of the company, the key shareholder of the company should obtain his Directors Identity Number or DIN.

No, FDI is not allowed for One Person Company, if it is, then it will lose its One Person Company status. 3.

Perpetual Succession:  As per the provisions of the Act, in the event of inability or death of the owner of the single person company, the nominee shall take over the reins of the one person company 3.

Definition of a Lettermark Lettermarks are typographic in nature comprised of letters that are usually company initials.

Thus, any other pharmaceutical company using the same name to sell its drugs would be using it in a dishonest manner to ride on the goodwill of the original company and the same would amount to infringement/passing off.

A company is a corporate body and a legal person.

Also, in addition, the LLPs will also be allowed to make downstream investment in another company or LLP in sectors in which 100% FDI is allowed under the automatic route and there are no FDI-linked performance conditions.

A company limited by shares means a company which is having the liability of its members limited by the memorandum to the account, if any, unpaid on the shares respectively held by them.

Before the introduction of Companies Act 2013, Secretarial Audit was not mandatory for companies.

The process for registering your company as an LLP is a little lengthy but straightforward.

Service business The businesses based on service include all the commerce companies dealing in services, not products.

By visiting the official website of MCA, you will be able to know about each and every aspect of the company like whether it is an LLP, Private limited company, single owner company or a Public limited company.

A Private Limited Company (PLC) or Limited Liability Partnership (LLP) can be started to register with Snapdeal.

Any such act for a private limited company is illegal under the Companies Act 2013.

Documents required for Flipkart seller registration The documents needed to become a Flipkart seller differs from the nature of business or companies.

LLP Stationary LLP Seal: The LLP seal is required for the opening a bank account of the company and also for applying for PAN.

Foreign Nationals and NRIs have started businesses in India through a private limited company, as it allowed for 100% Foreign Direct Investment (FDI) under the automatic route for several sectors.

Limited Liability Partnership (LLP) is a great combination having the advantages of a Company and Partnership by means of providing the Partnership form of an entity with limited liability protection.

The name, emblem or the official seal of the President, Governor or Republic or Union of India cannot be used for a company’s name.

Also, it is better to avoid a generic or common name such as Hindustan, Delhi, Global, etc. as the chances of a company already being in existence with a same or similar name are exponentially high.

Both the Central and the State Governments have come together to register the Goods and Services Tax Network (GSTN) as a non-profit, non-Government company for the smooth implementation of GST in the country.