Therefore, the change of company name will not: Disturb the rights and obligations of the company Render defective any legal proceedings by or against the concerned company Process of changing the name of a Private Limited Company Step 1: Resolution of the Board A Board meeting has to be convened to pass a resolution for Private Limited company’s change of name and with a view to authorize a Director or Company Secretary to make an application to the MCA for ascertaining the availability of proposed name.

Committee for winding up This is within the 3 weeks of passing of winding up by order of the Tribunal; the Company Liquidator will submit an application to the Tribunal for constitution of a winding up committee which would comprise of the following: Official Liquidator Nominee of the Secured Creditors Tribunal nominated professional The winding up committee will assist and monitor the overall progress of the entire proceedings of liquidation which would include the following: Taking over of the assets of the company Examination of the Statement of Affairs Recovery of the cash, property of any other assets of the company which include the benefits that are derived therefrom Reviewing of the accounts and the audit reports of the concerned company Sale of the assets of the company Finalizing of the final list of contributories and creditors Decision making regarding the compromise, settlement and abandonment of the claims Paying of the dividends if any.

Step 4: Enrolment Application filling After logging in, fill the enrolment application form, giving all the necessary details.

It is dubbed as the Goods and Services Tax or GST that has now replaced various indirect tax laws that were applicable in India.

The term “significant accounting transaction” means any transaction other than the- Therefore, any company which wishes to become an asset company without having any significant business transactions can apply to get the status of a dormant company.

Minimum alternate tax is applicable for Companies and also for Limited Liability Partnerships (LLPs) who are required to pay a minimum tax based on the book profit of the enterprise.

Money received from the share application for the period of 2 months The money which has been received by a Company towards the subscription of the securities or the advance towards the allotment of securities that are pending allocation will not be considered as deposits. 6.

This kind of trademark infringement is only applicable to marks which are famous.

If you are facing a bit of delay in bringing your enterprise to the market but you fear that your insignia might get duplicated or thieved in the meantime, then you can file an application to reserve the logo for your company under ‘Intent to use’.

   The Annual Return Filing and its applicability All of the private, one person and Limited Companies are required to file an annual return with the name of the company at the end of each financial year.