Home / Services We help you in creating a strong foundation of your business View More MOA/AOA Amendment     MoA/AoA Amendment The MoA and AoA form the constitution of the Company beyond which a Company cannot go, which may be amended from time to time. Introduction The Memorandum of Association of a Company (MoA) and the Articles of Association (AoA) make for the fundamental pillars of the operations of a Company. The MoA determines the permissible range of activities that a Company may engage itself with, its nature, the particular dimensions of its capital, the liability and other details. On the other hand, the AoA deals with the administrative functions that a Company undertakes, such as the procedure for changes in the composition in the board of directors, how it may issue stock shares or dividends. Thus, the manner in which a company interacts with other stakeholders and vice versa are dependent on the structure put in place by the Company’s AoA and the MoA. Any such changes require the passing of a special resolution, along with the shareholder’s consent. Such changes must be meticulously drafted, and involve various steps. Leave the hassle of such amendments to our expert legal and business team, which will ensure that all your needs are perfectly reflected in the amendment you’d require so that you can focus on the change in direction, and we can handle the procedures. Sign up now for the MoA/AoA amendment service today! Stepwise Process- Convene a Board Meeting and pass a necessary resolution. Notice of EGM. Convene EGM and pass Special resolution. File the necessary form with ROC. Effect the changes in the MOA or AOA. Registration Process You sign up for our MoA/AoA amendment service. Our business experts engage in consultations with you, reviewing the former documents and the proposed amendments as well as the motivations behind the same. Once our team briefs you with the procedure involved in the amendment, we begin drafting the necessary resolutions, engaging you in every step and highlighting why a particular change has been made to fit your needs. Once the necessary resolution successfully passes, our legal team will compile the required documentation and proceed to file the Amendment with the ROC. Related Services MOA/AOA Amendment Read More Share Transfer Read More Add a Partner Read More Change LLP Agreement Read More Load More

Home / Services We help you in creating a strong foundation of your business View More Share Transfer     Share Transfer Shares of a company are freely transferable amongst people through the execution of a share transfer deed. Introduction A company limited by share is owned, through shares, by its shareholders, who elect the Directors responsible for the management of the Company’s affairs. Any transfer of ownership can be effected through the transfer of shares from one person/entity to another. Generally, Private limited companies are owned by family or a small group of entities, restrict the free transfer of shares through such clauses in the Articles of Association. The requirements for Transfers of Share are tedious procedural steps depending on the constitution of your Articles of Association, so leave the work of figuring them out to our experts by signing up for our Transfer of Share service today! Stepwise Procedure- Execution of transfer Share deed in form SH-4. Affixation of stamps to form SH-4. Cancellation of stamps. Delivery of Form SH-4 to the Company. Acceptance by the board and passing of a resolution. Update in the register of members and transfers the share of the Company. Registration Process Upon signing up for our Company Transfer of Share service, our business experts will engage in consultations with you, reviewing the Articles of Association as well as the current shareholding of your Company and understanding the requirements of the Transfer of share. After successfully going through a consultation, our team shall prepare an advisory helping you with the necessary steps. Once you agree with our opinion and give us the green signal, our legal team would prepare the required documentation for accepting the share transfer and issuing the shares to the new shareholder. Related Services Share Transfer Read More Add a Partner Read More Change LLP Agreement Read More Change Objective of Your Business Read More Load More

Home / Services We help you in creating a strong foundation of your business View More Add a Partner   Add a Partner The law required an LLP to be represented by at least two designated partners. Introduction Partners of an LLP are the persons responsible for the functioning of the LLP. Every LLP should have a minimum of 2 partners and out of them, 2 shall act as designated partners who work on behalf of the partners and participate in the day-to-day activities.  In order to Add a partner to the LLP, such a person is required to obtain a Digital Signature Certificate (required for other mandatory filings at the MCA) and a Director Identification Number. DIN can be obtained for any person who is not a minor, without any requirements of nationality or domicile, NRIs and Foreign Nationals can also be appointed Designated Partners in Indian LLPs. Necessary Documentation – DIN DSC Consent of the incoming partner Board Resolution Supplementary Partnership Deed Form 4 and Form 3 Form 4A( if no. of partners are exceeding 200) Requirements for adding a partner are tedious procedural steps and depend on the Partnership Agreement of the LLP, so leave the work of figuring them out to our experts by signing up for our Addition of Partner service today! Rights & Duties of a Partner- The partner of an LLP enjoys the following rights and must carry out the below-mentioned duties pursuant to their position – Every Partner has the duty to indemnify their LLP for any losses that may be caused due to the Partner’s fraudulent conduct whilst carrying out the firm’s business. Every Partner has the right to take part in the conduct of the firm’s business and to inspect its book of accounts. Every Partner has the authority to bind their LLP to transactions done in the ordinary course of business. Click here to read more about “Change in LLP Agreements“ Registration Process- Upon signing up for our Add a Partner, our business experts will engage in consultations with you, and will review the Partnership deed in order to understand the relevant procedure and the eligibility criteria better; After successfully going through a consultation, our team will prepare a checklist helping you with the necessary steps and will draft the necessary documents such as the required Board Resolutions, etc. Once the necessary resolutions have been passed, our legal team would prepare the required documents for accepting the addition of the new partner and file the same with the ROC. Related Services Add a Partner Read More Change LLP Agreement Read More Change Objective of Your Business Read More Increase Authorized Capital Read More Load More

Home / Services We help you in creating a strong foundation of your business View More Change LLP Agreement     With an amending resolution and a Form 3, you can alter an LLP agreement. Introduction In Limited Liability Partnerships, the partners involved all have limited liabilities towards the actions of the firm, and are not held responsible for another’s diligence or lack thereof. It is often preferred by small businesses, as it functions with simplicity and limits the liability of the partners. An LLP agreement defines the scope and extent of an LLP’s operations, as well as outlines the rights, duties, and obligations of the partner. This agreement clarifies the role of the partners, their capital contributions, profit sharing ratio between the partners, protocols for dispute resolution between partners of the firm, closure of the firm, etc. An LLP agreement should be carefully drafted to reflect the special needs of your LLP, so leave the drafting to our experts by signing for our Change in LLP Agreement service, so that you may focus on your firm and be ensured that your requirements are carefully reflected in the LLP agreement.         Procedure The process that must be followed for a Change in LLP Agreements is as follows – A resolution must be passed stating the amendment in the LLP agreement. Form 3 must be filed within thirty days of the amendment. Form 4 is filed (as may be applicable). The Registrar verifies the submitted form and approves the same.   Click here to know more about “Change Objective Of your Business” Registration Process Upon signing up for our Change in LLP Agreements service, our business experts will engage in consultations with you in order to understand the unique requirements of your firm. After successfully going through a consultation, our team shall prepare a draft of the LLP agreement that reflects your needs.   Once the amendment is passed by the partners of your firm, our legal team would prepare the required documentation and file the same with the Registrar. Related Services Change LLP Agreement Read More Change Objective of Your Business Read More Increase Authorized Capital Read More Resignation of a Director Read More Load More

Home / Services We help you in creating a strong foundation of your business View More Change Objective of Your Business     Change Objectives of your business In order to get this change Objectives of your business approved, the Memorandum of Association must be very clearly and carefully amended. Introduction The objectives of a Company are set out in its Memorandum of Association, and it must work towards those objects only. Thus, as an illustration, a stationery company with the objective of selling/purchasing stationary cannot suddenly expand into the fashion industry. In order to change the direction in which a company is headed, the Object clause of the MoA must be changed as well. The RoC carefully scrutinizes the objects clause of a company, as an objects clause with the extremely broad effect would give the board expand anywhere. Requirements for changing the objects of a company are tedious procedural steps, so leave the work of figuring them out to our experts by signing up for our Change Objective of your Company service today and spend your time working on the new direction that your company is pushing towards! Procedure for Amendment of Object Clause The Board must call for a Meeting of the Shareholders. Special Resolution amending the Object Clause must be passed. Form MGT – 14 must be duly filled and filed within thirty days of the passing of the special resolution. Advertisement in the newspaper(in case of a Public Company).   Click here to read more about “Increase authorized Capital” Registration Process Upon signing up for our Change Objectives of your Business service, our business experts will review the Memorandum of Association and the proposed amendments in order to better brief you regarding the procedure required for the same; After successfully going through a consultation, our team shall prepare an advisory helping you with the necessary steps and draft the necessary amendment to the MoA. Once the required resolution is passed effecting such change, our legal team would prepare the required documents and file the same with the Ministry of Corporate Affairs.   Related Services Change Objective of Your Business Read More Increase Authorized Capital Read More Resignation of a Director Read More Appointment of a Director Read More Load More

Home / Services We help you in creating a strong foundation of your business View More Increase Authorized Capital     Increase Authorized Capital The share capital of a Company is necessary to set up a private or public limited Company. It can be increased or decreased during the lifetime of the Company. Introduction The Increase authorized capital of the Company determines the limits within which the Company may issue shares. Increases may be required in the same in order to issue more shares and infuse more capital into the Company. The authorized capital can be increased by the company at any time with shareholders’ approval and by paying an additional filing fee to the Registrar of Companies and paying the stamp duty. An increase in the share capital of the Company is a tedious procedural task, so leave the work of figuring them out to our experts by signing up for our Increase of Authorized Capital service today! Necessary Documentation: The documents required in order to increase the Company’s authorized capital are – Board Resolution approving an increase in  authorized capital and notifying an Extraordinary General Meeting of the Company; Notice of the EGM along with an explanatory statement explaining the requirement of increasing the capital; An ordinary resolution accepting such increase in EGM/AGM; Pass special resolution if AOA needs to be amended to authorize a company for an increase of share capital Alter Memorandum of Association of the Company, incorporating the increase in authorized capital; File Form SH 7 for an increase in authorized capital; File Form MGT 14 if AOA is altered.   Click here to read more about “Resignation of Director” Registration Process Upon signing up for our Increase Authorized Capital service, our business experts will engage in consultations with you, reviewing the proposed change in authorized capital and understanding your company through its AoA and MoA. After successfully going through a consultation, our team shall help you with the necessary steps and draft the necessary paperwork, such as the required Board Resolutions. Once the required documentation is completed, our legal team would file the necessary forms ROC. Related Services Increase Authorized Capital Read More Resignation of a Director Read More Appointment of a Director Read More Registered Office change. Read More Load More

Home / Services We help you in creating a strong foundation of your business View More Resignation of a Director     Resignation of Directors A Director may resign any time subject to acceptance by the Board. Introduction The director of a company is elected by the shareholder to manage the affairs of the Company. A director may need to resign for various reasons, and any such resignation must be notified to the Ministry of Corporate Affairs. Requirements for effecting such resignation vary from instance to instance, so leave the work of figuring out the legal compliances to our experts by signing up for our Resignation of Director service today! Necessary Documentation – The documents required in order to effect the resignation of the director of your Company’s are – Resignation letter from the Director. Board Resolution effecting such resignation. Minutes of the meeting accepting such resignation. Resignation Acceptance letter. Form DIR 12 duly filled by the Company. Form DIR 11 duly filled by the Resigning Director.   Click here to read more about “Appointment of a director” Registration Process Upon signing up for our Resignation of Director service, our business experts will engage in consultations with you, reviewing the proposed resignation and finding the specific procedural requirements. After successfully going through a consultation, our team shall prepare an advisory helping you with the necessary steps and drafting the necessary paperwork, such as the required Board Resolutions. Once the required documentation is compiled, our legal team would prepare the required documentation and file the same with the Ministry of Corporate Affairs. Step 1 You sign up for our Employee stock option plan Services, and we put you in touch with our business, financial and legal experts, who engage you in consultations in order to understand your needs Step 2 Post consultations, our team prepares an advisory recommending the documentation and steps required for implementing a plan that you find attractive Step 3 Once a plan is mapped out, our team of experts are left with the worries of managing the implementation of the ESOP, while you are left free to manage your team. Sign up now!   FAQs What is a Resignation Letter from the Director? The letter officially submitted by a director informing the company about his intention to resign from his position in the company is referred to as the Resignation letter from a Director.   What is the Resignation Acceptance Letter? The formal acceptance of a Director’s resignation letter by a Company is referred to as the Resignation Acceptance Letter.   What are the ROC fees for filing the resignation of a director? Fee for filing e-Forms or documents in case of the company have share capital Nominal Share Capital Fee applicable Less than 1,00,000 Rupees 200 1,00,000 to 4,99,999 Rupees 300 5,00,000 to 24,99,999 Rupees 400 25,00,000 to 99,99,999 Rupees 500 1,00,00,000 or more Rupees 600 Fee for filing e-Forms or documents in case of a company not have share capital Fees- Rupees 200 Does any liability persist post retirement? The Resigning Director remains liable for any non-compliances that he may have been part of during his tenure but is not liable for any noncompliance by the company post his retirement. If there are only two directors in a company, can one still resign? No. An additional director must be appointed before any of the two directors may resign.  Related Services Resignation of a Director Read More Appointment of a Director Read More Registered Office change. Read More Change Company Name Read More Load More

Home / Services We help you in creating a strong foundation of your business View More Appointment of a Director     A person may be appointed as a Director if they meet the eligibility criteria in the Articles of Association, and consent to the same in writing. Introduction The Directors of the Company are elected by the Shareholders in order to manage the working of the Company’s affairs within the framework of the Memorandum of Association and Articles of Association. New directors must meet the requirements put forward in the AoA, and the general requirements of the Companies Act. New directors must also apply and get a Digital Signature Certificate and a Director Identification Number.  The requirements for the appointment of a director are tedious procedural steps depending on the provisions of the Companies Act 2013 and Articles of Association of the Company, so leave the work of figuring them out to our experts by signing up for our Addition of Director service today! Necessary Documentation – The documents required in order to effect the addition of a director to your Companies are – From Director From Company PAN Card CTC of Board Meeting Resolution  Appointing New Director Residence Proof   DSC Letter of Appointment DIN Declaration Duly filled form DIR 12 Consent Letter for Appointment as DIR-2   MBP-1   DIR-8     Click here to read more about “Registered Office Change Address” Registration Process Upon signing up for our Addition of Director service, our business experts will engage in consultations with you, and will review the Articles of Association in order to understand the relevant procedure and the eligibility criteria better; After successfully going through a consultation, our team will prepare a checklist helping you with the necessary steps and will draft the necessary documents such as the required Board Resolutions, etc. Once the necessary resolutions have been passed, our legal team would prepare the required documents for accepting the addition of the new director and file the same with the ROC.   Step 1 You sign up for our Employee stock option plan Services, and we put you in touch with our business, financial and legal experts, who engage you in consultations in order to understand your needs Step 2 Post consultations, our team prepares an advisory recommending the documentation and steps required for implementing a plan that you find attractive Step 3 Once a plan is mapped out, our team of experts are left with the worries of managing the implementation of the ESOP, while you are left free to manage your team. Sign up now!   FAQs What is a Consent Letter from Director? The document by which a person officially consents to become the director of a Company and accepts the Company’s appointment of them as a director is called a Consent Letter of the Director.   What are the limits on the numbers of directors? The limits on a Company’s director are as follows –     Number of Directors  Private Limited Company One Person Company Public Limited Company        Minimum 2 1 3 Maximum 15 15 15 (may be increased by passing a special resolution as per Companies Act 2013) What are the ROC fees for filing the resignation of a director? Fee for filing e-Forms or documents in case of the company have share capital Nominal Share Capital Fee applicable Less than 1,00,000 Rupees 200 1,00,000 to 4,99,999 Rupees 300 5,00,000 to 24,99,999 Rupees 400 25,00,000 to 99,99,999 Rupees 500 1,00,00,000 or more Rupees 600 Fee for filing e-Forms or documents in case of a company not have share capital Fees applicable -200 Additional Fees Rules Period of Delays All forms Up to 30 days 2 times of normal fees More than 30 days and up to 60 days 4 times of normal fees More than 60 days and up to 90 days 6 times of normal fees More than 90 days and up to 180 days 10 times of normal fees More than 180 days 12 times of normal fees What are the different kinds of directors? There are notably three kinds of directors: An Executive Director is one who devotes their working hours to the functioning of the company, while a Non-Executive Director generally only involve themselves with policy matters during Board Meetings. Finally, Additional Directors are directors who may be appointed at any time between two AGMs of a Company, but whose appointment as a director must be confirmed at the next AGM.     Who can be appointed as a director? Any person who is not a minor has a sound mind, is solvent and has been not convicted of any crimes with imprisonments more than 6 months may be appointed as a Director. Related Services Appointment of a Director Read More Registered Office change. Read More Change Company Name Read More Close Public Limited Company. Read More Load More

Home / Services We help you in creating a strong foundation of your business View More Registered Office change     Change in Registered Office Address In order to ultimately your registered office change, you may have to simply pass a resolution, file some forms with ROC and give advertisement in a newspaper in some cases. Introduction The company’s official registered address is the primary hub for where all its communication is addressed to. Any communication from the MCA is sent to the mentioned address, and it can only be changed after sufficient notice is provided to the stakeholders involved. If a company is shifting within the local limits, then a notice to the RoC suffices. However, if this relocation span states, an advertisement informing people of the impending relocation must be placed in a newspaper, and a special resolution to the same effect must be passed before the Government is notified and sought approval from. Since the procedural requirements for effecting a change in office address differs depending on the nature of your location change, leave the procedural hassles associated with a shift of your registered office to our experts by signing for our Office Address Change service, so that you may concentrate on the looming shift in front of you than the procedural hurdles. Reasons to effect a change in the Registered Office There are various compulsions for why a company must effect its change in a registered address officially. The Registrar of Companies keeps a note of the location of your books of accounts, which must be kept at your registered office change. Any change in the location of the same must be notified to the RoC.  Different ways of shifting the Regd. Office of the Company Within the local limits of the same city Outside the local limits of the city but within the jurisdiction of same ROC Shifting of Regd. Office from the jurisdiction of one ROC to the other but within the same state. From one state to other states. Necessary Documentation – The documents required in order to registered office change are – Proof of new proposed address. Board resolution affecting such change. NOC for Shifting of Registered Office Change( as may be required). Notice of General Meeting. Duly filled Form INC – 22. Duly filled Form MGT – 14( as may be required). Duly filled Form INC 23( as may be required). Duly filled Form GLN-1(as may be required). Duly filled Form INC-28( as may be required). Advertisement in Form INC 26.   Click here to read more about “Change Company Name” Registration Process Upon signing up for our Address Change service, our business experts will engage in consultations with you, reviewing the proposed relocation and finding the specific procedural requirements. After successfully going through a consultation, our team shall prepare an advisory helping you with the necessary steps and drafting the necessary paperwork, such as the required Board Resolutions and if required, the advertisement. Once the required documentation is compiled, our legal team would prepare the required documentation and file the same with the Ministry of Corporate Affairs. Step 1 You sign up for our Employee stock option plan Services, and we put you in touch with our business, financial and legal experts, who engage you in consultations in order to understand your needs Step 2 Post consultations, our team prepares an advisory recommending the documentation and steps required for implementing a plan that you find attractive Step 3 Once a plan is mapped out, our team of experts are left with the worries of managing the implementation of the ESOP, while you are left free to manage your team. Sign up now!   FAQs What is the time limit within which the change in address must be notified to the Registrar of Companies? The RoC must be notified within fifteen days of the date on which the Board Resolution effecting such change is passed.   Can I shift my registered office abroad? No. The Companies Act does not allow for an offshores registered office.   What must be done post the change of address? The nameplate of the company, as well as its letterheads, which carry the address,  must be remade to indicate the new address. Furthermore, documents such as the PAN card, Shops Act licenses, etc. must be amended to indicate the change. Related Services Registered Office change. Read More Change Company Name Read More Close Public Limited Company. Read More Close Limited Liability Partnership Read More Load More

Home / Services We help you in creating a strong foundation of your business View More Change Company Name     Change Company Name by Private Limited Company Introduction A company is a separate existence from the people working for it, carrying its own name and reputation in the commercial world. The name by which it is known can be later changed by its managerial board, in order to achieve aims such as highlighting a change in business models, or as an attempt at rebranding, amongst others. However, before such change can be affected, a board resolution must be passed to the same effect, with approval from its shareholders.  The Ministry of Corporate Affairs also holds the right to reject name change applications, but if it chooses to accept the same, it issues a new certificate of incorporation implementing the change. With a change company name, the preexisting regulations for names of corporate vehicles still apply. A definitive procedure has been put in place by the Registrar of Companies, and while a successful application changes the name, thus requiring an amendment of the Articles of Association and the Memorandum of Association, the company’s assets and liabilities remain the same. Leave the procedural hassles associated with a name change to our experts by signing for our Change Company Name service, so that you may concentrate on the business decision that led you to us.   What all is required Passing of Board Resolution. Checking name availability on the MCA website. Passing of Special Resolution. Filing of Form MGT 14 for Special Resolution. Filing of form INC -24 for approval of name change with MCA. Registration Process Upon signing up for our Name Change service, our business experts will engage in consultations with you, reviewing the existing & proposed names and comprehending the background of the company through its Articles and Memorandum. After successfully going through a consultation, our team shall complete the necessary paperwork, such as the required Board Resolution and General meeting resolutions. Once the necessary resolutions are passed, our legal team would file the same with the necessary forms with ROC. Upon successful acceptance by ROC, our team shall dispatch the newly issued Certificate of Incorporation to you. Step 1 You sign up for our Employee stock option plan Services, and we put you in touch with our business, financial and legal experts, who engage you in consultations in order to understand your needs Step 2 Post consultations, our team prepares an advisory recommending the documentation and steps required for implementing a plan that you find attractive Step 3 Once a plan is mapped out, our team of experts are left with the worries of managing the implementation of the ESOP, while you are left free to manage your team. Sign up now!   FAQs What is a Special resolution? A special resolution is passed in a General meeting of the Company. It is passed when not less than 2/3rd of the members cast vote in favor of the resolution proposed.   What is form MGT-? MGT 14 is filed with ROC for every special resolution passed in an AGM within 30 days of passing the resolution.   What is the time limit for filing form INC-? INC24 is to be filed within 60 days from the date of application for reservation of name. Related Services Change Company Name Read More Close Public Limited Company. Read More Close Limited Liability Partnership Read More Close Private Limited Company Read More Load More