Requirements for a(PLC) Private Limited Company in India?

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jb100

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Sep 19, 2009
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What are the Requirements for a Private Limited Company?Here are some of them.You are welcome if you can add more to this subject.


A Registered Business Name- This must be followed by the word ”˜Limited' or ”˜Ltd'. The Companies Registration Office exercises some control over the choice of name, it cannot be identical (or very similar to) the name of an existing company.


A Registered Office-This is the address, through, where all official correspondence will go.


Shareholders: There must be a minimum of two and maximum up to 50 shareholders (also described as `members' or `subscribers').


Share Capital-The company must be formed with a stated, nominal share capital divided into shares of fixed amounts. Small companies are frequently formed with a nominal share capital of Rs.100($2).
 
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