A company is an artificial person enforced by law. Registering a company is the initial step towards giving it a legal existence. There are many advantages of registering your company. Company confers the concept of limited liability. It is a separate legal entity. Existence of a company continues even after it the change of its members or directors.

Provisions regarding the company registration in India are provided under Companies Act 1956. For a private limited company minimum two directors and two shareholders are required, A company is private company if the articles of such company contain these restrictions:

  • The right to transfer the shares shall be restricted.
  • The number of members shall be limited to 50.
  • The company is prohibited for making any invitation to public to subscribe for any shares or debentures.
  • The company is prohibited from inviting or accepting deposits other than its members or directors.

When you start a business and spend a lot of money for it, than it is not a big deal for you to spend a little part of your money for registering your company. Barahami Legal Services is always desirous to provide you easy and efficient method of Company Registration by their service.

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