https://www.mycompanywala.com/format-of-affidavit-or-declaration-for-change-of-signature.php (2024)

Annual Compliance for Private Limited Company

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Annual Compliance for Private Limited CompanyA Private Company is a corporate held under private ownership which requires regular filing with the Ministry of Corporate Affairs. For every organization it is obligatory to file an yearly return and audited financial statements including profit and loss...... Read More

Annual Compliance for One Person Company

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Annual Compliance for One Person CompanyIn countries like India where entrepreneurship is highly encouraged. One Person Company is one of the most leading forms of business for entrepreneurs whose business lies in an early stage with an intention to grow in future. A One Person Company comprises one...... Read More

Annual Compliances for LLP

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Annual Compliances for LLP A Limited Liability Partnership is a separate legal entity. In order to preserve active status and to avoid default status. A regular filing with MCA is required to be taken care by all Limited Liability partnerships. Annual Compliance for any LLP is obligatory...... Read More

How much times involved in strike of company name from the register of companies?

Oncean application is filed for striking off of company with the respectiveRegistrar of Companies (ROC) after verifying the documents the RoC will strikeoff the name of company and this procedure normally takes 3-4 month. However,if any objection is received fromROCthis process might take extra time or even reject theapplication.Disclaimer:– The above article is prepared keeping all the significant and fundamentalinquiry which comes at the top of the pri...... Read More

What are the documents which are required for closure of the Company?

Certified true copy of boardresolution for authorisation given for filing this application.Registered Digital SignatureCertificate of director for signing the form.Memorandum of association of the CompanyArticle of Association of theCompany.Proof of identity (PAN Card/Aadhar Card/VoterID card).Residence proof (Passport/Driving License/Voter ID Card)Statement of account duly certifiedby a chartered accountant.Affidavit in Form STK-4 and Indemnitybond in Form STK-3 duly notarised...... Read More

What is the procedure to strike of company in case of voluntary striking off of company?

The procedure isextremely easy and is completed step wise:-1.Calla board meeting in accordance with the Secretarial standards and Companies Act20132. ConveneBoard meetingto pass the following resolutions:-To take note ofstatement of accountsTo authorisedirectors to sign the Indemnity Bond and Affidavits as per Form STK-3 andForm STK-4 respectively.To authorise adirector to digitally sign the application in e-Form STK-2.To fix the day,date, time and venue...... Read More

What are the fees for e-form MGT-14 and e-form STK-2?

MGT-14 has normalassociated fees in accordance with the authorized share Capital of the Company.STK-2:- INR 10,000/-......

Which forms required to be filed for strike off Company?

Two e-forms arerequired for striking off of company:-a) MGT-14b) STK-2......

Whether members approval is required for striking off Company ?

Yes. Member’sapproval is required through Special resolution for striking off company......

When Company cannot make an application for striking off?

hasmade an application to the Tribunal for the sanctioning of a compromise orarrangement and the matter has not been finally concluded;hasengaged in any activitythecompany at any time in the previous 3 months:- has changed itsname or shifted its registered office from one State to another;...... Read More

What are the main checklists needs to be considering before closing of the Company?

Thecompany has filed its upto date all the financial statements and annual returnwith the Registrar of Companies.Thecompany does not have any management disputes or there is no litigation pendingwith regard to management or shareholding of the company.Noorder is in operation staying filing of the documents by a court or tribunal orany other competent authority.thecompany is not a company incorporated for charitable purposes under section 8of the Companies Act, 2013 or section 25 ...... Read More

What are the ways for close the Company?

A company can get strikeoff in two ways:-Suo-moto (Voluntary Striking off)By Registrar of Companies......

Which Company can get close in Strike off?

Any company can getstrike off whether it’s aPrivate companyOne-person companyPublic company......

What is meaning of striking off of company name?

Striking off of companysuggests that closing of a non profitable venture company. In different wordsit's the quickest and easiest method to shut an organization.......

PROCEDURE FOR STRIKING OFF OF NAME OF A COMPANY

Each organization isbegun with a dream to keep up its business continuously, but not all businessessquare measure effective since quite an whereas past run. As we have a tendencyto as of currently recognize, that there's positive technique to consolidate acompany, run a company, in like manner, there's an exact system to shut acompany. As on date, there square measure 2 alternative ways to shut a company:-Strike off companyWinding up of company...... Read More

DETAILED NOTE ON BONUS ISSUE DEFINITION

Anissue of bonus sharesis referred to as abonus shareissueorbonus issue.Abonus issueis usually based uponthe number ofsharesthat shareholders already own. Whiletheissue of bonus sharesincreases the total numberofsharesissued and owned, it does not change the value of thecompany. 1) The source out...... Read More

ISSUE OF SHARES THROUGH RIGHT ISSUE

DEFINITIONOF RIGHT ISSUE‘Right Issue’means offering shares to existing members in proportion to their existingshareholding. The object is, of course, to ensure equitable distribution ofShares and the proportion of voting rights is not affected by issue of Freshshares.A rightsissueis an invitation to existingshareholders to purchase additional newsharesin the company. Thistype ofissuegives existing shareholders securities called rights....... Read More

PROCEDURE FOR REMOVAL OF DIRECTOR

1.Ensure that aspecial notice for the removal of a director is furnished by number of membersin accordance with the section 115 of Companies Act, 2013 to the company atleast 14 days before the meeting at which it is to be moved.2.(a) Ensure thatthe notice for removal of a director is for a director other than a director appointed by the Tribunal under section 242of the Companies Act, 2013.&n...... Read More

ISSUUANCE OF EQUITY SHARES THROUGH SWEAT EQUITY

Introduction- What is sweat equity shares?Sweatequity shares refers to equity shares given to the company’s employees on favorableterms, in recognition of their work. Sweat equity shares is one of the modes ofmaking share based payments to employees of the company. The issue of sweatequity shares allows the company to retain the employees by rewarding them fortheir services. Sweat equity shares rewards the beneficiaries by giving themincentives in lieu of their contribution tow...... Read More

PROCEDURE FOR ISSUE OF SHARES THROUGH PRIVATE PLACEMENT

INTRODUCTIONPrivateplacement can be explained as a means of raising capital by the companieswithout going for public issues. Public Issues like Initial Public Offering andFurther Public Opening are means of raising capital by the companies.DEFINITIONAprivateplacementis a sale of stocksharesor bonds to pre-selectedinvestors and institutions rather than on the open market. It is an alternativeto an initial publicoffering(IPO) for a compan...... Read More

OPC has to convert into Private or public limited company within 6 months

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OPC shall be required to convert itself, within six months of the date on which its paid up share capital is increased beyond fifty lakh rupees and the last day of the relevant period during which its average annual turnover exceeds two crore rupees as the case may be, into either a private co...... Read More

OPC has to convert into Private or public limited company within 6 months

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OPC shall be required to convert itself, within six months of the date on which its paid up share capital is increased beyond fifty lakh rupees and the last day of the relevant period during which its average annual turnover exceeds two crore rupees as the case may be, into either a private co...... Read More

Mandatory Conversion of One Person Company into Private Limited or Public Company

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Rule 6 of the Companies (Incorporation) Rules, 2014 as amended vide the Companies (Incorporation) Amendment Rules, 2015, w.e.f. 1-5-2015 provides that where the paid up share capital of an OPC exceeds fifty lakh rupees and its average annual turnover during the relevant period exceeds two crore rupe...... Read More

Mandatory Conversion of One Person Company into Private Limited or Public Company

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Rule 6 of the Companies (Incorporation) Rules, 2014 as amended vide the Companies (Incorporation) Amendment Rules, 2015, w.e.f. 1-5-2015 provides that where the paid up share capital of an OPC exceeds fifty lakh rupees and its average annual turnover during the relevant period exceeds two crore rupe...... Read More

Restriction on alteration in the Memorandum and Articles of a charitable company licensed u/s 8

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Section 8(4)(a) provides that a company that has received a licence under the section, shall not alter the provisions of its Memorandum as regards its objects except, with the previous approval of the Central Government [Powers delegated to the Registrar of Companies by Notification No. 1353(E), dat...... Read More

Restriction on alteration in the Memorandum and Articles of a charitable company licensed u/s 8

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Section 8(4)(a) provides that a company that has received a licence under the section, shall not alter the provisions of its Memorandum as regards its objects except, with the previous approval of the Central Government [Powers delegated to the Registrar of Companies by Notification No. 1353(E), dat...... Read More

Main condition for Section 8 Company registration

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The objective of section 8 of the Companies Act, 2013 is to provide special benefits and privileges to such organisations, which are formed for the following purposes and where it is proved to the satisfaction of the Central Government that a person or an association of persons proposed to be regist...... Read More

Main condition for Section 8 Company registration

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The objective of section 8 of the Companies Act, 2013 is to provide special benefits and privileges to such organisations, which are formed for the following purposes and where it is proved to the satisfaction of the Central Government that a person or an association of persons proposed to be regist...... Read More

Requirements of minimum paid-up capital

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By the Companies (Amendment) Act, 2015 effective from 29th May, 2015 the requirement of minimum paid up capital for a private limited company of `1 Lakh and for a public limited company of `5 Lakhs has been removed from the definition of the Companies under section 2(68) and 2(71) of the Companies A...... Read More

Requirements of minimum paid-up capital

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By the Companies (Amendment) Act, 2015 effective from 29th May, 2015 the requirement of minimum paid up capital for a private limited company of `1 Lakh and for a public limited company of `5 Lakhs has been removed from the definition of the Companies under section 2(68) and 2(71) of the Companies A...... Read More

Can OPC Change in the nominee by the member of OPC?

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It has been provided that the subscriber/member of OPCmay at any time change the name of the nominated person by giving notice to theRegistrar. It shall be the duty of the subscriber/member of OPC to intimate thecompany the change, if any, in the name of the person nominated by him by in...... Read More

Can OPC Change in the nominee by the member of OPC?

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It has been provided that the subscriber/member of OPCmay at any time change the name of the nominated person by giving notice to theRegistrar. It shall be the duty of the subscriber/member of OPC to intimate thecompany the change, if any, in the name of the person nominated by him by in...... Read More

Change in the name of person nominated in the Memorandum shall not be deemed to be alteration in the Memorandum of Association

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Any such change in the name of the nominee person in the Memorandum of Association of the OPC shall not be deemed to be an alteration of the memorandum.......

Change in the name of person nominated in the Memorandum shall not be deemed to be alteration in the Memorandum of Association

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Any such change in the name of the nominee person in the Memorandum of Association of the OPC shall not be deemed to be an alteration of the memorandum.......

Can we Change in the nominee by the member of OPC?

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It has been provided that thesubscriber/member of OPC may at any time change the name of the nominatedperson by giving notice to the Registrar. It shall be the duty of thesubscriber/member of OPC to intimate the company the change, if any, in thename of the person nominated by him by i...... Read More

Can we Change in the nominee by the member of OPC?

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It has been provided that thesubscriber/member of OPC may at any time change the name of the nominatedperson by giving notice to the Registrar. It shall be the duty of thesubscriber/member of OPC to intimate the company the change, if any, in thename of the person nominated by him by i...... Read More

What are the Liabilities of the subscriber in case of One Person Company?

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The liability of the member of theOPC may be limited or unlimited, and the Memorandum of Association of the OPCshall state,—(i) in the case of a company limitedby shares, that liability of its member is limited to the amount unpaid, ifany, on the shares held by them; an...... Read More

What are the Liabilities of the subscriber in case of One Person Company?

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The liability of the member of theOPC may be limited or unlimited, and the Memorandum of Association of the OPCshall state,—(i) in the case of a company limitedby shares, that liability of its member is limited to the amount unpaid, ifany, on the shares held by them; an...... Read More

No need for address in India of Foreign promoters incorporating company in India

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There is no pre-condition forforeign promoters to furnish local address in India for seeking registrationand incorporation of a limited company in India.It was held that there was nothingin the Act or the applicable Rules which requires the foreign promoters to providea l...... Read More

No need for address in India of Foreign promoters incorporating company in India

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There is no pre-condition forforeign promoters to furnish local address in India for seeking registrationand incorporation of a limited company in India.It was held that there was nothingin the Act or the applicable Rules which requires the foreign promoters to providea l...... Read More

Is roll checks are mandatory for Directors inMinistry of Corporate Affairs website

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The digital signatures are requiredto be registered at the website of the MCA for various category like director,professionals, etc. and need to fill up particulars online at the MCA portal,called roll check. Without complying with therequirement of Roll Check, any documents si...... Read More

Is roll checks are mandatory for Directors inMinistry of Corporate Affairs website

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The digital signatures are requiredto be registered at the website of the MCA for various category like director,professionals, etc. and need to fill up particulars online at the MCA portal,called roll check. Without complying with therequirement of Roll Check, any documents si...... Read More

What are the liabilities on members for having below minimum members’ strength?

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The MCA vide the Companies (Amendment) Act, 2017 has inserted new section 3A w.e.f. 9-2-2018, vide Notification No. SO 630(E), dated 9-2-2018 to put liability on all the existing members of the company, in case the company defaults in minimum number of members’ criteria. If at any time the number ...... Read More

What are the liabilities on members for having below minimum members’ strength?

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The MCA vide the Companies (Amendment) Act, 2017 has inserted new section 3A w.e.f. 9-2-2018, vide Notification No. SO 630(E), dated 9-2-2018 to put liability on all the existing members of the company, in case the company defaults in minimum number of members’ criteria. If at any time the number ...... Read More

Is Digital Signatures Certificates are mandatory in case of Company registration?

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Every Form and return prescribed under the Companies Act, 2013 needs to be filed with the digital signature of the managing director or director or manager or secretary of the Company, therefore, it is compulsorily required to obtain digital signatures of at least one director to digitally sign the ...... Read More

Is Digital Signatures Certificates are mandatory in case of Company registration?

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Every Form and return prescribed under the Companies Act, 2013 needs to be filed with the digital signature of the managing director or director or manager or secretary of the Company, therefore, it is compulsorily required to obtain digital signatures of at least one director to digitally sign the ...... Read More

Requirement for Having Director Identification Number

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As per proviso to section 152(3) of the Companies Act, 2013 no company shall appoint or re-appoint any individual as director of the company unless he has been allotted a Director Identification Number (DIN) under section 154 or such other identification number as the Central Government may prescrib...... Read More

Requirement for Having Director Identification Number

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As per proviso to section 152(3) of the Companies Act, 2013 no company shall appoint or re-appoint any individual as director of the company unless he has been allotted a Director Identification Number (DIN) under section 154 or such other identification number as the Central Government may prescrib...... Read More

GST RETURN FILINGS IN MAHARASTRA

GST Return Filing Services in MaharashtraWelcome to My Companywala, your trusted partner for seamlessGST return filing in Maharashtra. Whether you're a business owner, anindividual taxpayer, or part of the Composition Scheme, we offer end-to-end GSTservices tailored to your needs.What is GST Return Filing in Maharashtra?GST return filing is a crucial aspect of compliance forbusinesses registered under GST. It involves the monthly, quarterly, or annualsubmission of details regarding...... Read More

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