Ca in yelahanka

Dear Sir,

Here is some information regarding formation of a private limited company. If you want to incorporate it, I would advise you to contact your nearby Company Secretary in Practice (PCS). It is they who specialise in such works. If a PCS is not available, you can contact a nearby PCA.

 A Private Limited Company is a Company limited by shares in which there can be maximum 50 shareholders, no invitation can be made to the public for subscripttion of shares or debentures, cannot make or accept deposits from Public and there are restriction on the transfer of shares. The liability of each shareholder is limited to the extent of the unpaid amount of the shares face value and the premium thereon in respect of the shares held by him. However, the liability of a Director / Manager of such a Company can at times be unlimited. The minimum number of shareholders is 2.

Private Limited Company has lesser number of compliances requirements. Therefore, generally where there is no requirement of raising of finances through a public issue and the ownership is intended to be closely held by limited number of persons, Private Limited Company is the best choice.

The minimum paid up capital at the time of incorporation of a private limited company has to be Indian Rupees 1,00,000 . There is no upper limit on having the authorized capital and the paid up capital. It can be increased any time, by payment of additional stamp duty and registration fee.

Regards,

Veeral Gandhi

Dear Sir,

Please click the below link for CA's in Yelahanka:

https://www.justdial.com/Bangalore/ca-%3Cnear%3E-yelahanka

REgards,

Veeral Gandhi

Dear Sir,

Please click for CS in Yelahanka :

https://www.justdial.com/Bangalore/company-secretary-%3Cnear%3E-yelahanka-new-town

Regards,

Veeral Gandhi

Dear Sir,

Even this well written article by one of our members will be of some help to you. Please click on it. 

/articles/details.asp?mod_id=14063#.T9bBthfVUXE

Regards,

Veeral Gandhi