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Corp Filings

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Legal responsibilities which must be satisfied after incorporation of organization are annual compliance. Compliance signifies ‘activity to conforming to law’ and annual signifies ‘a year’.

Annual Compliance implies covering all the legal necessities for entire the year to avoid legal punishments.

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A transfer of shares means the transfer of ownership. Shares of a company are a movable property and thus can be transferred like a property.

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It is the document which is a collection of clauses that defines the scope of the company. It is submitted at the time of Incorporation.

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Name-Change

Change of the company name can be done by the promoters, Some reasons are Business Modal Change, Change of the Promoters and re-branding.

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Remove

Director can resign from a company by giving a notice in writing to the company and it is necessary to file the required filings with MCA within 30 days.

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An LLP is an artificial person who can’t die as a natural death. It comes into existence through legal proceedings, hence ceases to exist in the same.

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The authorized capital of a company means the number of shares of a Company can issue to its shareholders. It is a maximum value of securities.

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The registered office of a company is an address that is displayed next to the company name for the general public, shareholders and customers.

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Private Ltd Company is required to have a min of 2 Directors, A Public Ltd Company must have at least 3 Directors and OPC have only One Director.

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Winding up of a company means close / shut down your company. If a company has remained no reason to stay then they can easily wind up your company.

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