Saturday, September 27, 2014

Provision Applicable for Drafting Memorandum for Company Registration:

Section 4 of the Companies Act 2013 guides the procedure for drafting Memorandum and laid down various provision for proper drafting of memorandum of association which are as follows:-
The memorandum of a company whether public or private shall contain:-

  1. The name of the Proposed company end with the word “Limited” in the case of a public limited company or end with the words “Private Limited” in the case of a private limited company Provided that this provision is not applicable for the purpose of Section 8 Company Registration
  2. MOA must contain name of the State in which the registered office of the proposed company will be situated
  3. MOA must state the objects of the proposed company whether main object or ancillary object and any matter considered necessary in furtherance of main object
  4. The liability of members must be mentioned in the MOA of the proposed Company whether limited Liability or unlimited and also state as follows
  • For company limited by shares liability of members of the company is limited to the amount unpaid if any on the amount of shares held by them and
  • For company limited by guarantee the liability of the member of the company limited by amount up to which each member undertakes assets or other form of assets.

Due Diligence Financial Services is top best Online Company Registration Consultant in Delhi NCR Noida Gurgaon Ghaziabad and provides many chartered accountant services in Delhi NCR through integrated team of Chartered Accountant. We also provides Company Registration in Delhi and Company registration Services in Gurgaon Noida and Delhi NCR.
DDFS currently also focus on Company formation in Patna Bihar. 



Tuesday, September 23, 2014

Procedure For Removal of Company Director in India



A company by ordinary resolution can remove a director other than a director appointed by the Tribunal under section 242 before the expiry of the period for which he has been appointed by giving him a reasonable opportunity of being heard.

Provided no provision shall apply where the company has availed benefit given under section 163 to appoint not less than 2/3rd of the total number of directors in according with the principle of proportional representation.

A special notice must be required of any resolution to remove a director under this section or to appoint other as a director in place of a director so removed at the meeting in which he will be removed.

On receipt of notice of such resolution to remove the director under this section then the company should forthwith send a copy thereof to the director.

In these day removal and appointment of a director is most common problem because of dispute between the director and their short term goal. Due Diligence Financial Services provides following services:


  • Online ITR Filing Services
  • Fixed Assets Tagging Services
  • Service Tax Registration Services
  • UP VAT Registration
  • Delhi VAT Registration
  • Company Registration Consultant in Noida Delhi Gurgaon Ghaziabad
  • OPC Registration
  • Physical Stock Valuation services