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Friday, February 22, 2019

Public company of electronic media

fellowship conjunction whitethorn be defined as a uncoerced association of individuals. It is an association of persons create for some common aspiration but chiefly it is a voluntary association of individual. It has cap divisible into parts, cognize as portions. At the aforementi wizard and only(a)d(prenominal) clip it is an unreal individual created by a procedure of jurisprudence. It has a ageless era and a common seal. It exists merely in reflection of jurisprudence i.e.it is regarded by the jurisprudence as a individual, merely as a homo.On internalization of a family be sum ups a original structure corporate or corporation with a ageless sequence and a common seal. It withal acquires a personality distinct from its members.Features Of A Comp some(prenominal)1. Separate efficacious entity2. particular(a) liability3. Ageless sequence4. vulgar seal5. Transferability of portions6. Separate belongings7. Capacity to morselionElectronic MediaIt is media that uses el ectronics or electromechanical appositeitude for the terminusinal user ( audience ) to entree the content. This is in contrast to smooth media ( chiefly print media ) , which atomic r offine 18 most frequently created electronic anyy, but do nt necessitate electronics to be accessed by the terminal user in the printed configuration. near saucy media ar in the mannikin of digital media. However, electronic media may be in every par eachel or digital format.Although the term is norm each toldy associated with content recorded on a storage medium, recordings ar non need for unrecorded broadcast medium and on-line networking.Any equipment utilise in the electronic communicating procedure ( e.g. telecasting, wireless, telephvirtuoso, desktop computing mechanism, second console, hand-held device ) may besides be considered electronic media.Incorporation Of smart set before a friendship is formed, certain preliminary determinations ar infallible, for illustration, whet her it should be a hugger-mugger go with or a humankind lodge, what its capital should be, and whether it is worth speckle organizing a untried corroborate friendship or pickings over the upkeep of an already established have-to doe with. All these determinations are taken by certain individuals known as promoters . They do the aboundingnecessary preliminary work baby expense to the formation of the social club.Public Ltd CompanyA Public Limited Company is a Company limited by portions in which there is no limitation on the maximal figure of stockholders, transportation of portions and credence of public sedimentations. The liability of to each one stockholder is limited to the extent of the unpaid sum of the portions face honor and the premium thereon in regard of the portions held by him. However, the liability of a Director / Manager of such a Company can at times be unlimited. The minimal figure of stockholders is 7.It has a minimal pay capital of Rs 5 snow tho usand or such high paid up capital, as may be prescribed. Every public attach to, bing on the beginning of the Companies ( Amendment ) coiffe, 2000, with a paid-up capital of less than Rs. 5, 00,000 shall, at picturet a period of two old ages from such beginning, heighten its paid-up capital to Rs.5,00,000.Get cuting A New Public Ltd CompanyBefore stepping in the b other(a)ation universe & A get downing up a new concern i.e. a new public Ltd keep company, we must believe a pee of the company which co-relate the work of the company and be easy grasped in the head of the people. As we are get downing a new public Ltd Company of electronic media i.e. Television & A computing appliance fabrication company and the invoke of the company to beregistered will be Protechno media ltd company. fix-Approval For The Proposed CompanyThe process for obtaining the pretend blessing for the proposed company is that an lotion in act No. 1A motives to be filed with the record-keeper o f Companies ( ROC ) of the province in which the Registered Office of the proposed Company is to be situated. The application is required to be signed by one of the boosters. The inside infos of the application are as follows1. Four alternate label for the proposed company. ( The soma can be coined label from the objectives of the proposed company or the name calling of the music directors, etc. but should decidedly be declarative of the chief object of the company. Justification for the name needs to be specified along with the application ) .2. pick out callings and extension phones of the boosters ( Minimal 7 for a public company while 2 for insular company ) .3. Authorized Capital of the proposed company.4. Main objects of the proposed company.Documents compulsory To Be Executed For IncorporationFollowing are the paperss require for acquiring the attestation of incorporation or registering the company with fipple pipe ..MOA and AOA are required which is to be pen alize by the boosters in the presence of a informant in locution their full name, male parent s name, residential quotation, business, figure of portions tender for, etc.1. Form No. 1 This is to be to be execute on a non-judicial stamp paper of INR 20 by theatre directors of the proposed company or by other individuals such as Advocates saying that all the demands of the incorporation have been complied with.2. Form No. 18 This signifier contains information about the registered business office of the proposed company.3. Form No. 29 This is a concur obtained from all the proposed managers of the proposed company to move as managers of the proposed company. ( Not required in represent of private company ) .4. Form No. 32 This signifier shows the fact of assignment of the proposed managers as the board of managers.5. Name blessing letter in original.6. Power of Attorney signed by all the endorsers of MOA authorising one of the endorsers or any other individual to move on th eir behalf for the intent of incorporation and accepting the support of incorporation.7. Power of Attorney in instance of a endorser who has appointed another individual to subscribe the MOA on his behalf. Filing fees as may be applicable.This Form Is Filled For Checking The availability Of Name produce 1AApplication signifier for handiness or alteration of name consistent to surgical incision 20 and 21of the Companies Act, 1956 keep All Fieldss marked in*are to be compulsorily make full.1. *Application for integrating a new company altering the name of an bing companyPart A Handiness of name2 ( a ) . *Name of applicant Prankur Rastogi( B ) *Occupation man of affairs( degree Celsius ) . *Address Line I Phagwara, JalandharLine II Punjab( vitamin D ) . *City Jalandhar ( vitamin E ) . *State Punjab ( degree Fahrenheit ) . *Country India ( g ) . *Pin codification 144402( H ) . *e-mail prankurrastogi gmail.com( I ) . Phone 9569231524( J ) . Fax 095342674477823. Name callings of b oosters* ( I ) Name of promoter Prankur Rastogi* ( two ) Name of promoterPawan Rastogi* ( three ) Name of promoter..Rajesh Dubey4. *Name of the province in which the proposed company is to be registeredPunjab5. *Name of the vertical flute of Companies in which the proposed company is to be registered.. Mr Y B Singh6. *State whether the proposed company is public or privatePublic7. * proposed name of company ( at least 6 proposed call )a. Fanko electro ltdB. Rigs electro-media ltdc. Protechno Media Ltd Company d. Agnis electro ltde. Jippo electro ltdf. Retro electro mediaAfter make fulling the application for handiness of name ROC will assign the name inside three hebdomads of application entranceway..The ROC will look into for the handiness of name and inform the individual who has filled the application .Name Protechno Media Ltd Company is available and is allotted.This is to be to be execute on a non-judicial stamp paper of INR 20 by managers of the proposed company or by other individuals such as Advocates saying that all the demands of the incorporation have been complied with.FORM NO. 1 alteration No Of Company -1090Nominal Capital- Rs. 2,00,00,000.00THE COM cooking panIES ACT, 1956Declaration of conformity with the demands of the Companies Act,1956 on application for enrollment of a company consistent to limb 33 ( 2 ) Name of Company Protechno Media Limited/ mysterious LimitedPresented by Protechnicals groupI Prankur Rastogi of Protechnicals Group do solemnly and unfeignedly declare that I am 1 Promoter who is engaged in the formation of the company, or a individual named in the articles as a director/manager/ escritoire of the Protechno Media Limited/Private Limited.And that all the demands of the Companies Act, 1956, and the regulations at that place beneath in regard of affairs precedent to the enrollment of the say company and resultant thereto have been complied with.And do this solemn declaration scrupulously believe the same to be true.This signifier contains information about the registered office of the proposed company.FORM NO. 18Registration No. of the Company1090 Nominal Capital Rs2,50,00,000THE COMPANIES ACT, 1956 encounter of the situation/change of state of affairs of registered office Pursuant to segment 146 Name of the company Protechno Media Ltd CompanyNotice is hereby given that 1. ( a ) the registered office of the company is situated in Jalandhar ( Punjab ).with consequence from daylight of the month 20.11.09( B ) The state of affairs of the registered office of the company of was changed from to with consequence from day of the month 2. Situation of registered office falls under the juristic role of Jalandhar( name of the constabulary station ) . * erad this thirtieth Day of Nov 2009 skin senses Prankur RastogiName PRANKUR RASTOGI ( In Block Capitals )Appellation Chairman*State reference of close constabulary station with territory and tehsil.This is a consent obtained from all the p roposed managers of the proposed company to move as managers of the proposed company.FORM NO 29Registration No. of Company..1090 Nominal Capital Rs.2,50,00,000 THE COMPANIES ACT, 1956Consent to move as manager of a company and/or set abouting to take and pay for reservation portions Pursuant to subdivision 264 ( 2 ) /266 ( I ) ( a ) and 266 ( 1 ) ( B ) ( three ) Name of company Protechno Media LimitedPresented by . Protechnicals Group .To the fipple pipe of Companies Jalandhar .I, the undersigned, herewith attest my consent to move as manager of the Protechno Media Limited Pursuant to subdivision 264 ( 2 ) /266 ( 1 ) ( a ) of the Companies Act, 1956 and attest that I have non been disqualified to move as a manager under subdivisions 267 and/or 274 of the Companies Act, 1956.I, the undersigned holding consented to move as manager of the.Protechno Media Limited, besides herewith undertake to take from the said company and wage for..5000 .. portions of Rs.20 Each, being the number/value of the portions prescribed as the making portions for the office of manager of the said company.Name and family name in full and male parent snamesAddress Occupation Date of birthNationality Signature1 2 3 4 5 6Prankur Rastogi s/o PawanRastogibusinessman 04-04-88 Indian PrankurRastogiSignature Dated the .20th of .Nov . 2009 Prankur Rastogi Designation ChairmanThis signifier shows the fact of assignment of the proposed managers as the board of managersFORM NO. 32Registration No. of Company.1090 . Nominal Capital Rs.25000000 ..THE COMPANIES ACT, 1956Particulars of assignment of managers and director and alterations among them Pursuant to subdivision 303 ( 2 ) Name of Company . Protechno Media Ltd CompanyPresented by . Prankur RastogiNote If a company has no specifics to be included in one or two of the headers A B and C the parts incorporating those headers ( in regard of which the company has no specifics to be included ) need non be filed.A. Appointment of and alterations among managers.Name or names and family name infullFathers/ hubby s nameUsual residential referenceNationality Date of appointme National Trust oralterationBrief specifics of alterations1 2 3 4 5 6Notes ( 1 ) A preeminence of alterations should be made in column 6 e.g. by infixing against the name of new manager, etc. the words in topographic point of and by bespeaking against the name of the former manager, the cause for the alteration, e.g. by decease, surrender, retirement by forget me drug motion, disqualification etc.( 2 ) In instance of pull offing manager, his identification should be stated with his name in columan1.B. *** C. Appointment of and alterations in director ship and secretary ship.Name or names and family name in fullFathers/ hubby s nameUsual residential referenceNationality Date of appointme National Trust or alterationBrief specifics of alterations1 2 3 4 5 6Dated the 24 hours of ..19Sig nature .. Appellation ..Notes ( 1 ) For the intents of this signifier, specifics of a individual appointed as director within the significance of subdivision 2 ( 24 ) of the Companies Act, 1956 demand be given.( 2 ) A note of alteration as besides the cause of alteration e.g. , by decease, surrender, remotion, disqualification, etc. should be stated in column 6. record of association ( MOA ) and the Articles ofAssociation ( AOA ) Of A CompanyNow on reception of the name blessing varsity letter from the ROC the MOA and the AOA are required to be drafted. The MOA states the chief, accessory / range and other objects of the proposed company. The AOA contains the regulations and processs for the everyday behavior of the proposed company. It besidesprovinces the authorised portion capital of the proposed company and the names of its first / lasting managers. After that the MOA and AOA are required to be stamped and a cast responsibility based on the authorit ative portion capital is to be paid.Contentss Of historyThe name of the company.The province in which the registered office of the company is to be situated. Limited liability.Share capital.Object of the companyA public company has the option of ask foring the populace for subscription to its portion capital. Consequently, the company has to publish a prospectus, which provides information about the company to possible investors. The Companies Act specifies the information to be contained in the prospectus.Articles of association-The articles of association or merely articles are the regulations, ordinances for the internal heed of the personal businesss of the company. They are framed with the object of transporting out the purposes and object as out in the memoranda of association.The articles are adjacent in importance to the memoranda of association which contains the cardinal conditions upon which entirely a company is allowed to be corporal. They are as such subsidiary to, and controlled by the memoranda.Contentss of articles- It contains commissariats associating to the following(prenominal) affairs. Share capital.Lien on portions. Calls on portions. Transportations of portions. Transmissions of portions.Conversions of portions in to stock. Shares warrants. variety of capital. General meetings. Directors and secretary. Dividends and militias. Capitalization of net incomes.The Articles of Association contain the regulations and ordinances of the company for the direction of its internal personal businesss. While the Memorandum specifies the aims and intents for which the Company has been formed, the Articles lay down the regulations and ordinances for accomplishing those aims and intents.The Certificate Of IncorporationAfter the paperss in FAQ 5 are filed, the ROC calls the lawyer on a specific day of the month for examination and doing the corrections in the MOA and AOA filed. On following with the same, the certification of incorporation is granted to the lawyer.When the requite papers are filed with the registrar, the registrar satisfy himself that the statutory demands sing enrollment have been duly complied. After this a certification of incorporation given by the registrar in regard of a company is conclusive grounds that all the demands of the companies act have been compiled with in regard of enrollment.After the duly stamped Memorandum of Association and Articles of Association, paperss and signifiers are filed and the filing fees are paid, the ROC scrutinizes the paperss and, if necessary, instructs the authorised individual to do necessary corrections. Thereafter, a Certificate of Incorporation is issued by the ROC, from which day of the month the company comes in to existence. It takes one to two hebdomads from the day of the month of registering Memorandum of Association and Articles of Association to have a Certificate of Incorporation. Although a private company can get down concern instantly after having the cer tification of incorporation, a public company can non make so until it obtains a Certificate of Commencement of short letter from the ROC.Document To Be Filled With The RegistrarThe documents/forms stated down the stairs are filed along with Memorandum of Association and Articles of Association on payment of filing fees ( depending on the authorised capital of the company ) Declaration of conformity, punctually stampedNotice of the state of affairs of the registered office of the companyParticulars of Directors, Manager or Secretary representation executed on a non-judicial cast paper, in favor of one of the endorsers to the Memorandum of Association or any other individual authorising him to register the paperss and documents for enrollment and to do necessary corrections, if anyThe ROC s missive ( in master ) bespeaking the handiness of the name.Before the advertisement company is registered, it is inwrought to determine from the registrar of companies and if the proposed name of the company is approved so the undermentioned paperss punctually stamped together with the necessary fees are to be filed with the registrar.The memoranda of association. The article of association.The understanding. Declaration.When a company is registered and a certification of incorporation is issued by the registrar the company becomes a distinguishable legal entity, its life commences from the day of the month mentioned in the certification of incorporation. And the company requires a ageless sequence. The member may come and travel, but it goes on forever, unless it is vex up.A public limited electronic media company has to be obtained certification to commence concern before it can get down concern.Tax Registration-Businesss apt for income revenue sweetener must obtain a revenue enhancement designation card and figure known as Permanent pecker Number ( PAN ) from the gross Department. In add-on to this, concerns apt to keep back revenue enhancement must needfully obtai n a Tax Deduction Account Number ( TAN ) . Both the PAN and the TAN must be indicated on all the returns, paperss and correspondence filed with the Revenue Department. The PAN is besides required to be stated in miscellaneous other paperss such as the paperss refering to sale or purchase of any immoveable belongings ( transcending Rs. five light speed thousand ) , sale or purchase of a motor vehicle, clip sedimentation ( transcending Rs. 5 hundred thousand ) , contract for sale or purchase of securities ( transcending Rs. 10 hundred thousand ) , to call a fewFiling Registering/Approving AuthorityOne transcript has to be submitted along with a forwarding missive addressed to the concerned Registrar of Companies.Enclosures-The declaration must be submitted with the undermentioned annexure. Document attesting payment of fee.Memorandum and Articles of Association.Transcript of understanding if any, which the proposed company wishes to come in into with any person for assignment as its managing or whole-time manager or directorPower of Attorney from endorsers.Letter from Registrar of Companies doing names available. No expostulation letters from directors/promoters.Needed fees must be either in hard currency or demandCompany Get downing Business OperationssAfter having the certification of incorporation, the public company has to finish certain other legal formalities such as a statutory meeting ( within 6 months ) , statutory study, etc. On completion of the said formalities and on filing of the statutory study with the ROC the ROC issues the enfranchisement of beginning of concern to the company. Thereafter, the Public Company can get down the concern operations. The Private Company can get down its concern instantly on incorporation.Certificate of incorporationForm 1No 55-009877 of 2009-10I hear by certify that Protechno Media Limitedis this twenty-four hours incorporated under The companies act 1956 ( NO 1 of 1956 ) and that the company is limitedGiven under my hired hand at.Jalandharthis twenty-four hours .day of20 . 09SD/- Mr.Y.B.SinghRegistrar of CompaniesJalandhar, PunjabThis was the certification issued by the registrar of companies for the incorporation of companyCertificate of beginning of concern Pursuant to subdivision 149 ( 3 ) of companies act 1956 I hear by certify that the . Protechno Media ltd . which was incorporated underThe companies act of 1956.on the thirtieth twenty-four hours of November 2009And which has punctually verified declaration in the prescribed signifier that the conditions have been compiled with is compiled to get down the concernGiven under my manus at.Jalandharthis 7th .day of November 2009.SD/- Mr Sohan SinghAsst Registrar of CompaniesJalandhar, PunjabContractsMy company i.e. Protechno media ltd, a fabrication company has undertake with two companies in which 1 is an advertisement company for the advertizement of the merchandises and secondly with a computing machine fabrication limited compan y.The first contract is with High Ad ltd Company owned by Sarpreet Kaur as one of the Board of Member. We have contracted for Rs 5, 00,000 for the advertizement of our company and our merchandises like TVs, LCDs and Computer french friess etc.The other contract is with Infojets ltd of Heramb Agrawal for Rs 10, 00, 000 as their company needs LCDs for their company from our company.All the indispensable elements for a contract and the footings & A conditions are fulfilled and are lawfully enforced by jurisprudence.Weaving Up Of The CompanyIf the members of the company are reduced below the minimal no. of members in the company, it is traveling to be wound up by the judiciary. It is a compulsory weaving up of a company.For this the Registrar presents a request for weaving up of the company. Now after that the tribunal will take any action against the company on interview request as it canDismiss it, with or without cost.Adjourn the hearing conditionally or unconditionallyMake an i mpermanent parade that it thinks tantrumMake an order for weaving up the companyConsequences of weaving up by the tribunalO Intimation to official Liquidator and RegistrarO Copy of weaving up order to be filed with the registrarO Suits stayedO Court addition legal power to entertain1. Any beseem against the company2. Any claim made by or against the company3. Any application made under sec.391 for via media with creditors and/or members4. Any head of precedences which may originate in class of the weaving up of the companyMentionsMercantile rightfulness -by N D Kapoorhypertext transfer protocol //www.sethassociates.comhypertext transfer protocol //www.articlesbase.com/patents-articles/company-incorporation-the- procedure-for-incorporating-a-company-in-india-1390673.html

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