Private Limited
Company is the most prevalent and popular type of corporate legal entity in India. PrivateLimited Company is governed by the Registration Company Act, 2013 and Company
Incorporation Rules, 2014. To
register a private limited company, at least two shareholders and two directors
are required. A
natural person can be both a director and a shareholder, while a corporate
legal entity can be only a shareholder, in addition to foreign directives,
foreign corporate entities or NRI allowed the company's directors and / or
shareholders with foreign direct investment ,
Which makes it the preferred choice of the unit for foreign promoters.
The unique
features of a private limited company such as limited liability protection for
shareholders, ability to raise equity fund, status of a separate legal entity,
and continuous existence of family-owned or professionally for millions of
small and medium sized businesses The most recommended business unit is. Managed
Investment
Junction is the market leader in company registration services in India, where
private company registration, like registration of a different type of company
registration, one person's company registration, fund company registration,
Section 8 company registration, manufacturer registration and Indian subsidiary
registration. is. The
average time taken to complete the registration of the company is approximately
10 to 15 business days, subject to government processing time and customer
documentation submission. Find
a free consultation on company registration and business setup in India by
determining appointment with an Investment Junction Advisor.
Reasons to Register a Private Limited Company
Separate Legal Entity
The private
limited company is a legal entity and the company is a judicial person
established under the Act. Therefore, there are several legal abilities of a
company and there is no personal liability for the company's creditors to the
company's creditors (shareholders / directors) to the company's creditors.
Uninterrupted Existence
The private
limited company has 'evergreen succession', which means uninterrupted
existence, unless it is legally broken. Being a separate legal person, a
company is unaffected by the death or other departure of any member, and
despite the change in ownership it remains in existence.
Borrowing Capacity
Private limitedcompanies can raise equity funds in India. Companies can issue deposit deposits
with equity shares, preference shares, debentures and RBI approval. Banks and
financial institutions prefer financing to a company rather than partnership
firms or ownership concerns.
Easy Transferability
Transfer
ownership shares to a business can be easily transferred to a company. To
transfer ownership of a company, signature, filing and transfer and sharing
certificates of the share transfer form are sufficient. In a private limited
company, the transfer of shares may be required to be implemented with the
consent of other shareholders.
Owning Property
Private Limited Company being an artificial person, can
acquire, own, enjoy and alienate, property in its name. The property owned by a
company could be machinery, building, intangible assets, land, residential
property, factory, etc., No shareholder can make a claim upon the property of
the company - as long as the company is a going concern.
Investment Junction is offers services for
the section 8 company registration in Pune. Company Incorporation, Company Formation
Registration services offered
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