Meaning of Private Limited Company and its Registration

The Meaning of the private company is same for Company Registration in Delhi or for Company Registration in Noida. Meaning of private limited company has been defined by section 2 sub-section 68 of the Companies Act 2013 and which defined a “private limited company” means a company which have minimum paid-up share capital of ₹ 1 lakh or such higher paid-up share capital as may be prescribed by article of association of the company and the article of such company:-

• AOA of the company restricts the right of the member to transfer its shares;

• Except in case of OPC (One Person Company) limits the number of members of the company to two hundred:

To avoid any miss-confusion it has been clarified that where two or more persons jointly hold one or more shares in a company, they shall for the purposes of calculation of number of member be treated as a single member.

Provided further that—

1. Any persons who are in employment of the company; and
2. persons who has been formerly in the employment of the company, were members of the company while in such employment and who still continue to be members after the employment ceased,

Shall not be included while calculating the number of members.

• The article of the company shall prohibits any invitation to the general public to subscribe for any shares or securities of the company

We provide professional services with due integrity in form of Company Registration Consultant in Delhi and Company Registration Consultant in Noida Gurgaon and Ghaziabad. We provides online services of ITR filing or Service Tax registration or XBRL consultant services or Fixed Assets Tagging Services or LLP Registration in Delhi Noida Gurgaon NCR.

Format of INC-10 for Company Registration:

Rule 16 of Companies (Incorporation) Rule 2014 describes the Form INC-10 for Verification of Signatures and photograph from Banker or Notary. INC-10 is one of the important document for Company Registration either in Delhi or in Noida or in Gurgaon or in Ghaziabad even it apply equally to each states of India for Company incorporation. Every Subscribers of Memorandum or Articles of Association must file Form INC-10 to the Registrar of Companies at the event of Company Formation. For the preparation of the form there required to fill some information about the subscribers such as Name of the Subscriber or Father’s Name of the Subscribers or Nationality or Date of Birth or Education Qualification or Occupation and present address.

Due Diligence Financial Services provides complete guide for Procedure for Company incorporation in India as one of the best Company Registration Consultant and provides professional Services in Delhi Noida Gurgaon Faridabad and Ghaziabad. For ease of the new professional we hereby give the format of INC-10 so that they can prepare the Form without any problem.

Provisions Applicable For Granting Loan to Director of A Company

Section 185 of the companies Act 2013 govern the procedure for advancing loan to the director of a company whether whole time or managing director. Companies Act 2013 stipulates that no company shall advance any loan either directly or indirectly to any of its directors including any loan represented by a book debt and this provision also apply to any other person in whom the director is interested and director has given any guarantee or have provide any security in relation with any loan taken by him or by such other person.

Provided that the above provision shall no apply in two situation which are as follows:-

(A) Where loan has been given to a managing or whole-time director for the below purposes

• As part of payment for the conditions of service extended by the company to all its employees or
• In Accordance with any arrangement approved by the members of the company by a special resolution or

(B)  Company which in the ordinary course of its business provides loans or gives guarantees or securities for the due repayment of any loan, including any loan represented by a book debt including in respect of such Loan to directors or any other person and on which an interest is charged at a rate not less than the bank rate declared by the Reserve Bank of India.

Due Diligence Financial Services good and reputed Company Registration Consultant in Delhi Noida Gurgaon Patna and Ghaziabad. We provides Company Registration either Section 8 Company or Private Limited Company or Public Limited Company Registration in Delhi Gurgaon Noida Patna Ghaziabad. In addition with Company Formation in Delhi NCR we also provides Online VAT registration Consultant Services or Fixed Assets Tagging Services or XBRL Consultant services or Online ITR Filing Services or Online Form 15CA filing Services or Service Tax Registration Services or LLP registration or OPC incorporation etc.

Verification of Registered Office for Company Registration

Due Diligence Financial services is top Company Registration Consultant in Delhi Noida Gurgaon Ghaziabad and also provide services of Auditing or Accounting or Finance Outsource or online ITR filing Services or XBRL consultant or LLP formation or OPC registration etc.

1. For the verification of the registered office of a proposed company there need to file Form INC 22 along with Form INC-7 and DIR-12 with MCA fees. 
2. There required following documents to be attached with Form INC-22 duly signed by the concerned person namely:-

• Documents related to ownership proof of the premises of the registered office in the name of the proposed company; or
• The lease deed or rent agreement in the name of the Proposed company duly notarized with the copy of rent receipt not older than 1 month.
• The authorization i.e. Land Lord permission from the owner or authorized occupant of the premises in form of “No Objection Certificate” to authorize to use such premises for running the company and show registered office address of the company.
• The proof of evidence of Ownership in form of any utility Service bill like telephone bill or Electricity bill or Gas Bill etc. depicting the address of the premises in the name of the owner or such document is not older than two months.

Company Formation in Noida Ghaziabad govern by the ROC Kanpur whereas Company Registration in Delhi Gurgaon govern by the ROC Delhi Haryana. 

New Procedure for Company Registration in India

Procedure for Online Company Registration has been changes from the existing one. Company formation before April 2014 was governed by Companies Act 1956 as well as 2013 but after 28^th April Incorporation has been guided by Companies Act 2013 and its various rules. Company registration in Delhi Noida Gurgaon Ghaziabad has the same procedure as applicable for other states of India. Ministry of Corporate Affairs comes under the Central Government regulation and provision of companies act and its rules equally applicable for all states of India. Due Diligence Financial Services provides a lots of services for proper functioning of the company which includes Trade Mark Registration or Services Tax Registration or Annual Filing of Companies or LLP registration or OPC formation or Fixed Assets Tagging Services or XBRL consultant services etc.

As Company Registration consultant in Gurgaon Delhi Noida Gurgaon Ghaziabad we provide online Company Formation services at door steps of the proposed client. In addition to above services we also provide Income Tax Consultant Services for Online Form 15CA filing or for TDS return Filing or Online ITR filing services or Income Tax Audit Services etc. There need to follow lots of guidelines for successful functioning of the company and ensure compliance of legal formalities related to TDS deduction and Return filing and service tax or VAT as applicable.