According to Section 231 and 232 of the Companies Act 1994 a private limited company may convert into public limited company by fulfilling conditions as mentioned below...
How to covert private limited company into public limited company?
How a company is incorporated?
The promoters or
the sponsors take the initiatives to incorporate a company under the Companies
Act. A three stage process is taking
place in regard to incorporate of a company, such as 1. Promotion 2. Incorporation/Registration
and 3. commencement of busines...
What is Notice of Abandon?
Notice of abandon is a formal notice of relinquishment or unconditional surrender of all rights to a property, cargo, or ship by its insured owner to the insurer in the event of a constructive total los...
What is Fire Insurance?
A Contract of fire insurance includes a contract that
insures the property therein described against loss or damage by fire and
against loss or damage from other hazards that may be insured under a license
to transact fire insurance. ...
Type of Company
To formalize your organization, first learn about and decide which business type is right for you. There are different types of company such as:
1. Private Company limited by shares
2. Public Company limited by shares
3. Company limited by Guarantee
4. Unlimited Compa...
Why a Company is Incorporated?
To prevent the
mischief arising from large trading undertaking being carried on by large fluctuating
bodies, so that persons dealing with them would not know with whom they are
contracting and so might be put to great difficulty and expanse. This was a
public mischief to be redressed. One difficulty...
Types of Meetings of the Company
The
company has been conducted different types of meetings for different purpose
conducting by different group of management body of the company. The following
meeting has been conducted of the compan...
