Body corporate incorporated outside India has both holding or subsidiary company has the act 1956. The company name without the word “LIMITED” or “PRIVATE LIMITED” in its name The central government has the power to registered a company that are formed as companies without the word “Limited” of “Private Limited” in their names. Minimum paid-up capital not applicable The requirement […]
Continue reading »Company Registration Pursuant to section 11(2) of the companies act 1956, (hereinafter called “the Act”), where more than 20 persons jointly desire to carry on any business (other than banking) with the object of acquisition of gain, they can go about to pursue that objective only if they form a company and get it registered under the provisions of the […]
Continue reading »The formalities prior to the company registration is comprising of : (i) selecting a name (with six alternative names in all in that order of preferences as desired so that in case the suggested first choice is not available the second and so on. (ii) drafting the Memorandum of Association. (iii) drafting the Articles of Association. Form of Memorandum A […]
Continue reading »Consent of members may be taken subsequently To suit the practical convenience, the company board of directors is allowed to make the appointment first and take the consent of the company in general meeting by special resolution at the general meeting held for the first time after the said appointment. Section applies to a public or private limited company The […]
Continue reading »Under this act, every provider shall be liable to be registered in the state or Union territory, from where he can doing their business. (a) Other than special category states – exceeds ₹ 20 lakhs. (b) Special category states – exceeds ₹ 10 lakhs. Meaning of terms : (a) Special category states shall mean the states as specified in clause […]
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Any enterprise operating on the basis of modern management principles needs to define its objectives. The broad methodology for achieving these objectives in the form of a corporate policy. As has been seen in earlier chapters, quality is an important element in the success of an enterprise. A corporate policy document should therefore visibly demonstrate top management’s commitment to the […]
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Clause 4.5 of ISO 9001 requires the supplier to establish and maintain documented procedures to control all documents and data pertinent to the quality system. The aim of this clause of the standard is to ensure that only authentic documents and data are used and that these are readily available to the personnel performing various tasks affecting the quality of […]
Continue reading »Satisfaction of a charge signifies that the charge holder releases the charge on the property. A property charged in favor of any person can never be freed from the charge unless the charge holder releases the same. When a charge on a property is created by a company for the due repayment of the certain accounts secured by the charge. […]
Continue reading »Use of the mark in relation to goods or services Section (2) says that the mark may be used “upon or in any physical or in any other relation to such goods” which shows that a mark need not necessarily be depicted or represented and separately applied to an existing article. The trademark must be visible at the time of […]
Continue reading »Clause 4.14, which serves as the basis for quality improvement, is one of the most important clauses of the ISO 9001 standard. The 1994 revision has made the clause more comprehensive in that. It also covers preventive action, and the effective handling of customer complaints and reports of product nonconformities. Corrective action It will be impracticable for manufacturing enterprises experiencing […]
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