Incorporating of sec 25 company
This query is : Resolved
15 April 2013
i am going to incorporate company u/s 25 of the companies act, During this process, i have confusion regarding following :
1. This company is Private company or public company.
2. After getting name, during the process of filing Form 24A, how to provide such information - Statement of the grounds on which application is made. - A statement showing in details the asset and the liabilities of the association as on date of application or within seven days of that date;
3. It can be incorporated without share capital,If yes, how capital has been generated in balance sheet and what is the minimum member for this purpose
4. if It can be incorporated having share capital, accounting process would be as a normal company.
5. It is mandatory to publish in newspaper for incorporation of company.
Please sir, guide me for the above query......
1. This company is Private company or public company.
2. After getting name, during the process of filing Form 24A, how to provide such information - Statement of the grounds on which application is made. - A statement showing in details the asset and the liabilities of the association as on date of application or within seven days of that date;
3. It can be incorporated without share capital,If yes, how capital has been generated in balance sheet and what is the minimum member for this purpose
4. if It can be incorporated having share capital, accounting process would be as a normal company.
5. It is mandatory to publish in newspaper for incorporation of company.
Please sir, guide me for the above query......
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