According to Section 135 of the Companies Act, 2013, all companies whose - Net worth is Rs. 500 Crore or more.

Note: You will need to give Receipt Instructions to the DP if you did not give standing instructions at the time of opening your account Steps to sell dematerialisation of shares You need a broker to sell your shares linked with NSDL The depository participant will be informed about the same and after which he will debit the number of shares sold and credit it to the broker’s clearing account Once the request is made, share certificates, if kept in physical format, will be destroyed, and the confirmation for the same will be sent to the DP The broker will then instruct the DP for delivery to the clearing corporation before the pay in a day After the shares are transferred from your end, you will receive the payment from the broker against the sale of your shares.

According to the size and investment a person can choose between a: Private Limited Company (PVT): A private limited company is an attractive business model as it is a company with a minimum paid-up share capital of 1 lakh.

What companies can be revived?

This is defined under the FEMA Act, 1999 where a Private Limited Company is the most simpler medium for the NRI or Foreign Investors to invest in a business in India.

Merger and acquisition are company restructuring tools that are incorporated by the company professionals for expansion and diversification of the business to achieve the objectives for which the company was formed.

A company’s website or a corporate website provides background information about the company’s business.

Under sec 2(51) of the Companies Act, 2014, KMP or Key Management Personnel are the main in charge of maintaining operation.

To open a current bank account, you need to submit various documents from the required category: Entity Proofs You need to present at least one of these documents to open a current bank account for your business.

Once the transferee agrees within two weeks about the transfer of shares, then the company is not required to intimate the transferer about the transfer process.