Private Company Registration in Moradabad

Private Company Registration in Moradabad

Private Company – The term “private company” has been defined under section 2(68) of Companies act 2013. A private company means a company, which has a minimum paid up share capital as may be prescribed and which provides the following restrictions through its Articles of Association in order to–

• Restricts the transfer of shares by its members
• Except in case of One Person Company limits the maximum number of its members to 200.
• Prohibits any invitation to the public for any kind of securities of the company.
• It enjoys special privileges also –
• It can be started with only 2 members (i.e. minimum members required)
• It is not required to prepare a prospectus and it can start its operations immediately after receiving the certificate of incorporation and certificate of commencement of business.

You can visit us to Private Company Registration in Moradabad office we will happy to serve you. We will extend our support at the initial consultation to draft for name selection of the company