Companies are governed in India by Companies act, 1956. Every company is required to register itselves with the Registrar of Companies (ROC) and file the necessary documents to meet various statutory requirements.

Types of companies: Normally companies are limited by liability and the shareholders are liable upto the unpaid value of their shares. Indian companies are mainly two types:

Private Limited Company - maximum numbers of members are 50 and prohibits any invitation to the public to subscribe any shares or debenture, restrict the right to transfer its shares, except in extreme cases of fraud.

Public Limited Company- Invite public to subscribe shares or debentures and any number of members or other than private limited companies and may be listed on the Indian stock exchanges.

Companies seeking to conduct financial activities like portfolio management, stock broking, merchant banking, promote venture capital fund, promote mutual fund, promote overseas foreign institutional investor fund for investment in Indian secondary markets, promote collective investment schemes will have to seek SEBI registrations applicable for the specified activities subject to specified conditions and will be regulated by SEBI.

Additionally, Indian listed companies are also regulated under SEBI regulations for takeover, insider trading and other listing norms applicable.

We provide following services in respect of companies:

  • Formation of Private/ Public Limited company.
  • Preparing and filing applications for portfolio management, merchant banking, stock broking, venture capital fund, foreign venture capital investor, foreign institutional investor and mutual fund registrations.
  • Managing periodic SEBI filings for all entities regulated by SEBI.
  • Seek clarifications from SEBI on issues relating to SEBI laws.
  • Drafting of memorandum and article of association of companies.
  • Conversion of a private company into a public company and private ltd. into a public Ltd.
  • Changing the name, registered office, main objects, directors of company
  • Manage routine corporate and secreterial compliances like board meetings, ACMs, statutory filings, etc.
  • Payment of dividend by companies.
  • Registering Indian branches or offices of foreign companies .
  • Implement capital reduction schemes proposed by companies.
  • Buy back of shares
  • Submission of all the necessary document / forms to ROC or SEBI from time to time.