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The name of a company or LLP can be changed by the promoters at any time after incorporation. Some of the major reasons for change of company name are business model change, change of promoters, rebranding, etc., To change the name of a company, shareholdersa€? approval is required along with approval from the Ministry of Corporate Affairs. The change of name of a company or LLP however has no impact on the legal entity or its existence. Hence, all assets and liabilities of the entity would continue, while only the name of the company would have been changed.

Change of company name requires passing of a board resolution, obtaining name approval from MCA, passing of a special resolution and applying for approval of new company name to the MCA. If the MCA accepts the application, a new certificate of incorporation is issued. After obtaining the new certificate of incorporation, changes must be made to incorporate and change the MOA and AOA of the company as well.

Rishabh Gupta and Associates is the leading business services platform in India, offering a variety of services like company name change, trademark registration, GST registration, LLP registration and more. Rishabh Gupta and Associates can help you file for change of company or LLP name in India. The average time taken to complete a company name change is about 90 working days, subject to government processing time and client document submission. Get a free consultation on company or LLP name change by scheduling an appointment with Rishabh Gupta and Associates.

The registered office of a Company or LLP is the principle place of business for a private / public limited company and all official correspondence from the Ministry of Corporate Affairs is sent to this location. The registered office of a Company or LLP can be changed within the local limits of any city, town or village where such office is situated by just giving a notice to the concerned Registrar within 30 days after the date of the change. But a special resolution will be required if the change of the registered office is from one village, town, etc., in the same state. Where the place of registered offices is to be altered from one State to another State, the Company or LLP may do so bypassing special resolution and getting confirmation of the Company Law Board. The Company or LLP is also required to give an advertisement in the newspapers indicating the change proposed to be made and also a notice is to be given to the State Government when it is proposed to transfer the registered office from one State to another.

A change to the registered business office address can be required due to various reasons. Further, the formalities and process for changing the Registered Office of the Company or LLP will depend on if the Company or LLP is changing address within the same city/town/village or if the Company is changing address between city/town/village of if the Company is changing the Registered Office between States. Rishabh Gupta and Associates A can help you change the Registered Office in all three scenarios, talk to our Associates.

Director of a company is a person elected by the shareholders for managing the affairs of the company as per the Memorandum of Association and Articles of Association of the company. Since a company is an artificial judicial person created by law, it can only act through the agency of natural persons. Thus, only living persons can be Directors of a company and the management of a company is entrusted to the Board of Directors. Appointment of Directors can be required for a company from time to time based on the requirements of the shareholders of the business.

To appoint a director, the person proposing to become a Director must obtain a digital signature certificate (DSC) and director identification number (DIN). DIN can be obtained for any person who is above the age of 18. The nationality or residency status of the DIN applicant does not matter. Hence, Indian Nationals, Non-Resident Indians and Foreign Nationals can obtain DIN and be appointed as Director of a company in India.

Rishabh Gupta and Associates is the leading business services platform in India, offering a variety of services like company registration, trademark filing, GST registration, income tax filing and more. Rishabh Gupta and Associates can help you appoint a director in your company. The average time taken to file for appointment of director is about 10 - 15 working days, subject to government processing time and client document submission. Get a free consultation on appointment of director by scheduling an appointment with Rishabh Gupta and Associates.

Director of a company is a person elected by the shareholders for managing the affairs of the company as per the Memorandum of Association and Articles of Association of the company. Director in a company may need to resign or the Board of Directors or Shareholders may want to remove a Director for any reasons. In such cases, a Director can resign or be removed by filing the intimation of change of Director with MCA.

The procedure for resignation of director and removal of Director by the Board or Shareholders vary. A Director can resign from a company by giving a notice in writing to the company and the Board is required to file the necessary filings with MCA within 30 days. A Director can also send a copy of the resignation letter to the ROC directly by filing a different set of forms.

Rishabh Gupta and Associates is the market leader in company registration services in India, offering a variety of Rishabh Gupta and Associates is the leading business services platform in India, offering a variety of services like company registration, trademark filing, GST registration, income tax filing and more.Rishabh Gupta and Associates can help you effect resignation of director of a company. The average time taken to file for resignation of director is about 10 - 15 working days, subject to government processing time and client document submission. Get a free consultation on procedure for resignation of director by scheduling an appointment with Rishabh Gupta and Associates.

The authorised capital of a Company determines the number of shares a Company can issue to its shareholders. An increase in authorized capital might be required for issuing new shares and/or inducting more capital into the Company. The initial authorised capital of the Company is mentioned in the Memorandum of Association of the Company and is usually Rs. 1 lakh. The authorised capital can be increased by the company at any time with shareholdersa€? approval and by paying additional fee to the Registrar of Companies.

To begin the process for increasing authorized capital a resolution must be passed by the Board of Directors. In the Board Resolution, authorisation must be provided for increasing the authorised capital of the company and making the necessary changes to the MOA and AOA of the company. Rishabh Gupta and Associates can help you easily increase the authorised capital of your company.

LThe ownership of a company limited by shares is held by the shareholders of the Company. The shareholders in turn appoint Directors to manage the affairs of the Company. Hence, ownership of a company rests with the shareholders and not the Directors. Transfer of ownership of a company can therefore be accomplished by transferring shares of the company from one person or entity to another. Share transfer in a private limited company is usually more restricted when compared to a listed company that is publicly traded. The entire shares of a private limited company are usually owned by a family or a small group of persons or entities. Hence, most of the Articles of Association of a Private Limited Company limit the right of a shareholder to transfer the company's shares to an outsider. Therefore, it is important to review the Articles of Association of the Company prior to effecting a share transfer. Rishabh Gupta and Associates can help you transfer shares of a private limited company by completing the necessary procedures as per Companies Act, 2013.

Memorandum of Association of a Company sets down the constitution of a company including the permitted range of activities of the company, state of incorporation, type of company, capital clause, liability clause and more. Changes to Memorandum of Association of a company can be required while changing name of a company, changing registered office from state to state. alteration of objects clause, alteration of capital clause or increase of authorised capital. Changes to the Memorandum of Association of a company would require the passing of a special resolution and shareholders consent.

Rishabh Gupta and Associates is the leading business services platform in India, offering a variety of services like company registration, trademark filing, GST registration, income tax filing and more. Rishabh Gupta and Associates can help you amend Memorandum of Association of a company. The average time taken to file for complete a Memorandum of Association amendment is about 10 - 15 working days, subject to government processing time and client document submission. Get a free consultation on procedure for amendment of memorandum of association by scheduling an appointment with Rishabh Gupta and Associates.

A private limited company is an artificial judicial person and requires various compliances like appointment of Auditor, regular filing of income tax return, annual return filing and more. Failing to maintain compliance for a Company could result in fines and/or disqualification of the Directors from incorporating another Company. Therefore, if a private limited company has become inactive and there are no transactions in the company, then it is best to wind up the Company.

Voluntary winding up of a company can be initiated at any time by the shareholders of the company. In case there are any secured or unsecured creditors or employees on-roll, the outstanding dues must be settled. Once all the dues are settled, the bank accounts of the company must be closed. Finally, the company must regularise any overdue compliance like income tax return or annual filing and surrender the GST registration. Once, all activities are stopped and the registrations are surrendered, the winding up application petition can be filed with the Ministry of Corporate Affairs.

Rishabh Gupta and Associates can help you wind up your Company, quickly and easily. Rishabh Gupta and Associates can help you initiate the winding up process within 10 to 14 business days. The entire process for winding up of a company can be completed within 3 to 6 months, subject to government processing times. The timeline for winding up of a company could also differ from case to case, based on unique circumstances. To discuss more about winding up a company, get in touch with Rishabh Gupta and Associates.

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