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Restrictions for registering a Nidhi Company


The Main Restrictions as per Nidhi Rule,2014 Rule 6, A Nidhi Company cannot continue on the business of chit fund,hiring,purchase.It cannot open Current Accounts.It cannot issue any preference shares.It cannot acquire any another company

20 May 2016 by Titly Chatterjee

Disadvantages of a Private Limited Company


Following are the Disadvantages of Private Limited Company.A private limited company is a type of privately owned business unit. A private limited company has a restricted number of shareholders (ranging till 50).

03 Oct 2016 by Tanya Sharma

Buyback of Shares by a Company


Buy back or repurchase of shares is a tool that enables the Companies to purchase its shares currently held by all its shareholders. There are a number of reasons companies buy back its shares. Visit Quickcompany.in

02 Feb 2017 by Ankan Bose

Indian Private Limited Company for Foreigners


A Private Limited Company is one of the easiest forms to establish in India. Similarly, when a foreign national or a foreign company wants to become a part of such a company, the process still remains easy. Furthermore, foreign direct investment in such e

22 Nov 2021 by Riya Aggarwal

Frequently asked Questions on Company Registration


Commonly Asked Questions Related to Company Incorporation.Learn what is PAN & TAN.How a Company is formed.What is Registered Office.Basic requirements for naming a Company

27 Sep 2016 by Titly Chatterjee

Types of Companies Registered under MCA


There are 6 types of Companies which can be registered in MCA: 1 Private Limited Company. 2 Limited Liability Company. 3 One Person Company. 4 Nidhi Company. 5 Section-8 Company. 6 Public Limited Company

26 Sep 2016 by Ankan Bose

Filing Annual Return for Company


Filing Annual Return for Company.The Companies Rules, 2014, requires all the companies to make and file an annual return at the close of each financial year.

21 Oct 2016 by Manmeet Singh

Non-Banking Financial Company (NBFC)


NBFC's are financial organisations that do not have full banking license but they provide financial services similar to that of banks.These companies are registered under Companies Act, 1956 and Companies Act,2013.

06 Apr 2018 by Archi Bhatia

Sole Proprietorship into a Private Limited Company


There is no specified procedure in the law to convert a Sole Proprietorship into a Private Limited Company. But there is another way to convert it.

22 Apr 2017 by Tejaswi Kumar Singh

Small Company as per Companies Act 2013


Small Company as per Companies Act 2013.Small company means a company other than a public company and should fulfil :Paid-up share capital of which does not exceed 50 Lakh Rupees or anything higher.Turnover of last profit and loss statement

18 Nov 2016 by Lokesh Sharma