Reliable Company Registration Consultants
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Frequently Asked Question (FAQ's)

For incorporation of a private limited company anywhere in India having authorized capital of Rs.1,00,000/- with two resident Indian directors we charge Rs.4,900/- towards professional fees and Rs.10,850/- towards government fees & all sort of out of pocket expenses. There are no hidden charges beyond our quoted amount.

We form a new company in almost 15-20 working days from date of receipt of documents and payments.

We take an advance payment of Rs. 5,750/- before starting the process and balance Rs.10,000/- to be paid after approval of company's name but before submission of final documents & govt. fees.
Now a days, the process of incorporation is undertaken online therefore your all documents are needed in soft copy (scan) through E-mail only.

Our quoted fees is inclusive of followings:-

A.  What is a public company limited by shares?

In terms of section 3(1)(iv) of the Companies Act, 1956 a public company means a company which is not a private company and has a minimum paid-up capital of five lakh rupees or such higher paid-up capital as may be prescribed. A private company which is subsidiary of a public company is also a public company.

B. What is Private company limited by shares?

C. What is Unlimited company?

An unlimited company is a company having no limit on the liability of its members. The members of such a company are liable to the full extent of their fortunes to meet the obligations of the company by contributing to its assets in the event of its being wound up. Thus, such a company does not carry the benefit of limited liability which is available to the members of all the other types of company. So far as the risk of the members is concerned, there is no difference between a partnership firm and an unlimited company.

D. What makes a company a Government company?

If 51 per cent or more of the paid-up share capital of a company is held by the Central Government and/or any one or more State Governments, the company becomes a Government company. A subsidiary of a Government company is also a Government company. The holding of shares by municipal and other local authorities or statutory corporations is, however, not to be taken into consideration for calculating the extent of Government shareholding. A Government company may be a private company or a public company. Law requires minimum of two members to float a private company, one of whom can be the President or the Governor, as the case may be, and the other any officer of the Government. All Government companies are treated as public sector companies.

E. What is Mutual benefit company?

As per sub-section (1) of section 620A of the Act, 'Nidhi' or 'Mutual Benefit Society' means a company which the Central Government may, by notification in the Official Gazette, declare to be a Nidhi or Mutual Benefit Society, as the case maybe. Thus, for an association or a body corporate to become a 'Nidhi' or a 'Mutual Benefit Society', the following conditions laid down by section 620A of the Act must be fulfilled:

F. What is Company limited by guarantee or a guarantee company?

A guarantee company is a company having the liability of its members limited by its memorandum of association to such an amount as the members may thereby undertake to contribute to the assets of the company in the event of its being wound up. Guarantee companies are of two types, viz., guarantee company not having share capital and guarantee company having share capital.

G. What is a 'section 25 company'?

Where a company -

G. What is a 'section 25 company'?

Where a company -

H. Partnership firm and other associations: Registration as a company under Part IX of the Act.

Part IX of the Act provides an opportunity to an association of seven or more persons formed in pursuance of any other law enforce in India to get itself registered under the Act as a company limited by shares, or as a company limited by guarantee or as an unlimited company. Even a partnership firm having seven or more partners with a permanent share capital divided into shares of a fixed amount and duly constituted according to the provisions of the Indian Partnership Act, 1932 can be registered as a company under this part.

I.  Incorporation of co-operatives as producer companies.

Part IXA added by the Companies (Amendment) Act, 2002 provides for incorporation of co-operatives as producer companies and also for registration of inter-State co-operative societies as producer companies. Any ten or more individuals, each of them being a producer or any two or more producer institutions or a combination of ten or more individuals and producer institutions, desirous of forming a producer company having specified objects and otherwise complying with the requirements of Part IXA and other provisions of the Companies Act, 1956 in respect of registration, may form an incorporated company as a producer company.