Director of a company is a natural person elected by the shareholders as per the Memorandum of Association and Articles of Association of the company.
Every LLP must have at least two Designated Partners who are natural persons and at least one of them shall be resident in India.
The Limited Liability Partnership (LLP) Agreement is the charter of the LLP, similar to the Memorandum of Association and Articles of Association for a private limited company.
Every company incorporated in India must have a registered office address. It is a principal place of business.
In relation to a company, Authorized Capital is the amount mentioned in the capital clause of the Memorandum of Association of the company.
Director Identification Number (DIN) is a mandatory requirement for all existing and new directors of a company.
Surrender of DIN become very important by those DIN holders who are not neither Director in any Company and nor Designated Partner in any LLP and also not intending to do so in near future.
All the government and non-government organizations have to keep track of their accounts and audit reports as the financial year approaches.
Shareholders are real owners of the Company. They have limited liability towards the company.
For any reason, if you wish to change your company name, there’s a defined procedure to be followed.
For any reason, if you wish to change your LLP name, there’s a defined procedure to be followed.
To change the objects or aims and objectives of your business, you need to amend the Memorandum of Association.
