Nagpur
+919511719169
COMPANY INCORPORATION

Register a Public Limited Company

Phone Number

+919511719169

Email Address jainparanjape@gmail.com

Mon-Thu: 10 AM - 2 PM • Fri: 3 PM - 7AM

Address 207, 2nd Floor, Crystal Plaza, 276, Central Bazar Road, next to KRIMS Hospital, Ramdaspeth, Nagpur, Maharashtra 440010

Nagpur, India, 440010

Description

Discover the World of Public Limited Companies A Public Limited Company, as defined under the Company Act 2013, represents a dynamic entity where member liability is limited, and shares are offered to the general public. These companies can expand their shareholder base through an initial public offering (IPO) or trading on the stock market, offering an exciting opportunity for investment and growth. Exploring the Traits of Public Limited Companies Diverse Membership: Public companies must have a minimum of 7 shareholders, with no maximum limit, fostering widespread ownership and participation. Limited Liability: Shareholders' liability is confined to the unpaid amount on their shares, safeguarding personal assets in cases of company losses or debts. Perpetual Succession: With a legal persona independent of its members, a Public Limited Company enjoys perpetual existence, unaffected by individual changes in ownership. Index of Members: Public companies maintain comprehensive records of their members, ensuring transparency and accountability. Directorship Requirements: A minimum of 3 directors is mandated for public companies, with a maximum of 15, each possessing a Director Identification Number (DIN) issued by the Ministry of Corporate Affairs. Prospectus Publication: Through the issuance of a prospectus, public companies invite the public to subscribe to their shares, providing detailed information about the company and the shares available for purchase. Distinctive Naming: The name of a public company typically ends with “Ltd” or “Limited,” distinguishing its corporate identity. Navigating the Regulatory Landscape Public Limited Companies operate under the purview of various sections, regulations, and rules, including Section 2(71) of the Companies Act, 2013, and the Companies Incorporation Rules, 2014. Advantages of Public Limited Companies Enhanced Credibility: Public limited companies enjoy higher credibility among investors, fostering trust and reliability in the market. Tax Efficiency: Tax benefits, including deductible costs and allowances, contribute to the financial health of public companies. Limited Liability: Shareholders are shielded from bearing company debts or losses beyond their investment value, minimizing personal financial risks. Access to Capital: Public companies can effortlessly raise capital from diverse sources, facilitating business expansion and development. Expert Governance: Expertly curated boards of directors drive strategic decision-making, ensuring effective leadership and governance. Business Expansion: Access to additional capital through share issuance propels business growth and expansion opportunities. Accessible Share Trading: Public company shares are easily tradable on the stock exchange, providing liquidity and convenience to investors. Risk Diversification: With widespread ownership, risks associated with losses and insolvency are distributed among numerous shareholders.

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Other Services

Other Services Procurement of Class 3 DSC (Validity 2 Years) for Individuals and Organizations - Signing and Encryption Certifications of E-forms as required under the Companies Act, 2013 Certification of MGT 8 Filing annual returns with the Registrar of Companies (ROC) Organizing the board and general meetings Maintaining statutory registers, common seal, minutes books for the board and general meetings, and issue of share certificates Assisting in preparing notices, agendas, minutes, and resolutions of board meetings, and general meetings Filing periodical forms for matters relating to directors, capital structure, the shifting of the registered office, alterations in the memorandum, and articles of association Drafting and Vetting of Agreements including but not limited to Shareholders Agreement, Share Purchase Agreement, Restructuring Agreement, Bonus Entitlement Agreement, etc. Due Diligence Report, Brisk Reports, Search Report Fund and Investment Consultancy Organization Closure/Winding Up Quick Track Merger FSSAI license Consultant/Agent ISO certifications Food License IEC Code Registration 80G 12AA Registration for NGO/society RO Shifting one state to another state AGM extension consultant

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INSOLVENCY AND BANKRUPTCY PRACTICE

INSOLVENCY AND BANKRUPTCY PRACTICE Our team have handled various insolvency and bankruptcy matters under the Insolvency and Bankruptcy Code, 2016 and Regulations made thereunder, before the Adjudicating Authority (NCLT) and Appellate Authority (NCLAT). We have made representations to various regulators, authorities, tribunals and appellate tribunals and have reported case laws on this subject. Our services under Insolvency and Bankruptcy Practice areas are as under: Study, analysis and advisory on commencement of insolvency or bankruptcy proceedings against companies, LLPs and individuals Drafting of application and representing financial creditors against corporate debtors for commencement of Corporate Insolvency Resolution Process (CIRP) before the Adjudicating Authority Drafting and issue of demand notice on behalf of operational creditors Drafting of application and representing operational creditors against corporate debtors for commencement of Corporate Insolvency Resolution Process (CIRP) before the Adjudicating Authority Drafting of application and representing corporate debtor for commencement of Corporate Insolvency Resolution Process (CIRP) before the Adjudicating Authority Drafting of application and representing corporate debtor for commencing liquidation proceedings Representation and pleadings against application for commencement of Corporate Insolvency Process (CIRP) before Adjudicating Authority Drafting of appeals and representation before Appellate Authority against decision of Adjudication Authority Drafting of Resolution Plan Designing Evaluation Matrix for evaluation of Resolution Plans Implementation services of Resolution Plan Transaction advisory in respect of corporate or capital restructuring during CIRP Transaction advisory for commencement of liquidation process Transaction advisory for voluntary liquidation of companies Advisory and opinions on questions of law under the Insolvency and Bankruptcy Code, 2016 and Regulations made thereunder We have CS IP Murli Lahoti, a registered Insolvency Professional and member of the Institute of Company Secretaries of India (ICSI), who has handled Corporate Insolvency Resolution Process (CIRP) and Liquidation of Companies. He can render the following services. Officiating as Interim Resolution Professional (IRP) upon commencement of CIRP Resolution Professional (RP) upon commencement of CIRP Company Liquidator (CL) for liquidation of companies Representing financial creditors or operational creditors in meetings of Committee of Creditors (CoC) during CIRP of corporate debtors.

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XBRL Filing and Data Conversion

XBRL Filing and Data Conversion With the help of our expert group, we have been providing XBRL Conversion Services since 2011. These services are rendered by our professionals while keeping in mind the precise requirements of clients. To render these services, our skilled professionals use advanced techniques and approaches. Besides, our valuable clients can avail of these services from us in customized solutions and at market-leading rates. Our offered services are acknowledged for timely execution (i.e., four hours after providing all the information and records). Call for Demo: Complete Balance Sheet can be Prepared, Validated, and Pre-Scrutinized in Demo Version. Applicability of XBRL Many individuals or organizations are puzzled about the relevance of XBRL (Filing of Documents and Forms in Extensible Business Reporting Language). MCA issued a Notification on 06th November 2017, regarding the clarification on the mandatory relevance of XBRL on specific Companies. These guidelines may be known as the Companies (Filing of Documents and Forms in Extensible Business Reporting Language), Amendment, Rules, 2017. Filing of financial statements with Registrar: The following categories of companies will file their financial statements and other reports under section 137 of the Act with the Registrar in e-form AOC-4 XBRL as per Annexure-I: Companies LISTED with stock exchanges in India and Their Indian Subsidiaries; Companies having Paid-Up Capital of Five crore rupees or above; Companies having Turnover of One Hundred crore rupees or above; All companies which are required to prepare their financial statements as per Companies (Indian Accounting Standards) Rules, 2015. Exempted Companies: Non-Banking Financial Companies; Housing Finance Companies; and Companies engaged in the Business of Banking and Insurance Sector.