Pvt Ltd

Mandatory ROC Compliances For Private Limited Company

by Sanjeev Archak Sanjeev Archak No Comments

Any private limited company registered in India and successfully operating their business needs to follow the various compliances laid down by the Companies Act, 2013. Failure to adhere to these ROC compliances and regulations would lead to lawsuits and penalties that could severely damage your business and harm the brand that you have worked so hard for.

Following the various ROC Compliances not only makes you a legal entity as per the government norms but also makes you trustworthy for your investors, shareholders, and customers. Read more

The Capital Structure of a Private Limited Company in India

by Sanjeev Archak Sanjeev Archak No Comments

In our previous posts, we have examined the pros and cons of registering a private limited company in India. In this post, we shall examine the capital structure of a private limited company.

Kinds of Share Capital:

A private limited company can have –

1. Equity Share Capital with voting rights  and equity share capital with differential rights as to dividend, voting or otherwise

2. Preference Shares

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5 Reasons to Register a Private Limited Company in India

by Sanjeev Archak Sanjeev Archak No Comments

Previously we spoke about the fundamental differences between a Pvt Ltd company and an LLP and the factors one needs to take before choosing the right entity for your business. Today we go 2in depth about the important reasons why one should register a Private Limited Company in India.

The most popular choice of corporate legal entity in the country, a private limited company is registered under the governance of the Companies Act, 2013 and the Companies Incorporation Rules, 2014. A minimum of 2 directors and 2 shareholders are needed to register a company under a private limited entity. A corporate legal entity can be a shareholder only while a natural person can be both a shareholder and a director. Read more

What is Better for a Startup – LLP or Pvt Ltd

by Sanjeev Archak Sanjeev Archak 1 Comment

The first legal step towards starting a new startup venture is choosing the right entity for registering their business. Be it a Private Limited Company or a Limited Liability Partnership (LLP). Founders often find themselves stuck at making this kind of decisions as the right choice would determine the nature of the ownership and the management process. It would further set the tone of the various compliances that needs to be followed, be it LLP or Pvt Ltd.

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What is the Startup India Project and How To Be a Part of It

by Sanjeev Archak Sanjeev Archak 1 Comment

The Startup India Project is an ambitious flagship initiative of the Government of India under our Prime Minister, Shri Narendra Modi. The whole purpose of this initiative is to empower startups and build a robust ecosystem by nurturing them to grow through innovation and design. This will, in turn, drive sustainable economic growth and bring in large-scale employment opportunities within the country.

“I see startups, technology, and innovation as exciting and effective instruments for India’s transformation.”
– Shri Narendra Modi, Prime Minister Of India

The project was first introduced by the prime minister on the 15th August 2015 while he was addressing the nation through his speech on the occasion of India’s 69th Independence Day. Read more