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Company Incorporation -The Procedure for Incorporating A Company in India

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Company Incorporation -The Procedure for Incorporating A Company in India Powered By Docstoc
					?Today, the procedure of incorporate a company in India has become easy and
effective, which make your business successful and efficient. Company incorporation
in India and setting up of branch offices of foreign corporations in India are regulated
by the Companies Act, 1956. The Companies Act of 1956 sets down regulations and
rules for the establishment of both private and public companies in India. For the
purpose of Company formation in India under the companies act, 1956, the first and
essential step for the formation of a company is the approval of the name by the
Registrar of Companies in the State/Union Territory in which the company will
maintain its registered office. The approval of company incorporation is subject to
certain conditions. Further, the last words in the name are needed to be "Private Ltd."
in the case of a private company and "Limited" in the case of a Public Company.

The articles of association and memorandum of association are the most important
Document to be submitted to the ROC for the purpose of company incorporation. The
Memorandum of Association is a document, which sets out the constitution of the
company. The objects and the scope of activity of the company and also defines the
relationship of the company with the outside world. The Articles of Association
contain the regulations and rules of the company for the management of its internal
affairs. While the Memorandum specifies the purposes and objects for which the
Company has been formed, the Articles lay down the regulations and rules for
achieving those objects and purposes. The ROC will give the certificate of company
incorporation after the required documents are presented alongwith the requisite
registration fee, which is scaled according to the share capital of the company, as
stated in its Memorandum. A private company can begin business on receipt of its
certificate of incorporation.

A company is formed by registering the Memorandum and Articles of Association
with the Registrar of Companies. A public or private company has the option of
inviting the public for subscription to its share capital. Accordingly, the company has
to issue a prospectus, which provides information about the company to potential
investors. The Companies Act specifies the information, which is to be contained in
the prospectus. The prospectus has to be filed with the ROC before it can be issued to
the public. In case the company decides not to approach the public for the essential
capital and obtains it privately, it can file a "Statement in Lieu of Prospectus" with the
ROC. On the fulfillment of these requirements, the ROC issues a Certificate of
Commencement of Business to the public company. The company can begin business
immediately after receiving this certificate.

Company incorporation makes your business successful and efficient. A patent
registration is an exclusive right granted for an invention, which is a product or a
process offering a new technical solution to a problem. The main function of a patent
is to provide protection for the invention to the owner of the patent. Generally, 20
years period is granted for the protection. There are several IPR law firms in India,
which provide Logo registration and business logo registration services to enhance
your business by providing client specific business logo solutions. These unmatched
Logo Registration services help customers in getting this registration comfortably
without any problems. Brand name is a sign to distinguish services and goods of the
same kind of different producers. Secure your brand registration by registering your
domain name. Your domain name is your brand. Grow and protect your brand with
multiple domain names.


Chaman Goyal is the author of "The Procedure for Incorporating A Company in
India". Get complete information about Company Incorporation, logo registration,
company formation, brand registration, trademark registration, patent registration,
online company registration.

				
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