Solubilis Corporate Services

Introduction Director Identification Number (DIN) means an identification number allotted by the Central Government to any individual, intending to be appointed as director or to any exiting director of a company, for the purpose of his identification as a director of a company: Provided that the Director Identification Number (DIN) obtained by the individuals prior to the notification of these […]

Buy-back shares of other Securities of the Company Unless stated otherwise, the following norms shall be complied with by the private companies and unlisted public companies for buy-back of their securities and shares. In One Person Company, no need of the buy-back shares why because; there is no need of the shareholders. The director itself can maintain the share capital, […]

Corporate Social Responsibility of a Company In exercise of the powers conferred under section 135 and sub-sections (1) and (2) of section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules and mentions Corporate Social Responsibility of a Company, namely:- Short title and Commencement These rules may be called the companies (Corporate […]

Shifting of registered office from One State or Union Territory to another State An application under sub-section (4) of section 13, for the purpose of seeking approval for alteration of memorandum with regard to the change of place of the registered office from one State Government or Union territory to another, shall be filed with the Central Government in Form […]

In exercise of the powers conferred by sub-sections (1),(2) and (4) of section 248 read with section 469 of the Companies Act, 2013 (18 of 2013) and in supersession of the Companies  (Central Government) General Rules and Forms, 1956 except as respects things done or omitted to be done before such supersession, the Central Government hereby makes the following rules. […]

In exercise of the powers conferred under section 455, sub-section (2) of section 459 and sub-section (1) of section 464 read with section 469 of the Companies Act, 2013, and in super-session of the Companies Act, 2013 , and in super-session of the Companies (Central Government’s) General Rules and Forms, 1956 or any other rule prescribed under the Companies Act, […]

One person Company to convert itself into a public company or a private company One person company is nothing but a type of the company registration and as the name itself we can understand this type of company. There should be only one person as a director and he is only responsible for each and every process by the company. […]

One Person Company One Person Company is one of the types of a company, which more beneficial to the entrepreneur who starts his business in starting level. Why because the annual paid up capital is less and it provides more and more liabilities. Only a natural person who is an Indian citizen and resident in India- Shall be eligible to […]

Companies Act, 1956: Section 22 It is possible that by inadvertence or otherwise, that the Registrar may have permitted a company to have its name similar to/identical with an existing company. The main object of s. 22 of the 1956 Act was to empower the Central government to direct such a company to change its name. A registered trade mark […]

Introduction to One Person Company In India, One Person Company is a new concept. It is also known as OPC Company. It was first introduced in Companies Act, 2013. The Companies Act, 1956 didn’t have the concept of OPC. In older Companies Act, 1956, the minimum directors are two and shareholders are required to form a basic type of company. […]