TRADEMARK REGISTRATION consultant in gurgaon delhi

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Convert a private limited company into public limited company

Although private entity is a corporate entity and enjoys the benefit of registered corporate but conversion of a private entity into public concern has its reasons, significance and vary accordingly.

Benefits of converting private company into public company:

• Public company is the only corporate form which enjoys inflow of public investments by issuing shares to general public.
• Public company raises capital from general public and makes itself delicious.
• Shareholders investing in public company expect something in return of their investment more like 'give and take' school of thought.
• Public limited company enjoys better market recognition and bestows confidence in the stakeholders.

 

Procedure for Conversion of Private Limited Company into private limited company:

• Board Meeting to take director's approval for conversion.
• General Meeting to take member's approval.
• Filing of prescribed forms with ROC.
• Issuance of fresh certificate by ROC.

Requirements for Conversion:

 
There are certain provisions/conditions needs to be fulfilled during conversion of proprietorship into private.

They are as follows:

• Adopt new Articles of Association (AOA) and Memorandum of Association (MOA) after conversion.
• Minimum share capital of the public company will become Rs. 5, 00,000/-
• Minimum number of directors will become 3 in case of public company.
• Both the directors of private company will be allotted DIN.
• A minimum number of shareholders will be 7 in a case of public company.

Additional Information:

• Pay Mode Terms: T/T (Bank Transfer),Other

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Definition

It is a separate legal entity with limited liability whose shares may be freely sold and traded to the public and the words Public Limited Company is added after its name. Similar companies in the United States are called publicly traded companies. It can either be listed or unlisted on the Stock Exchanges.

It is a separate legal entity with limited liability whose shares may be freely sold and traded to the public and the words Public Limited Company is added after its name. Similar companies in the United States are called publicly traded companies. It can either be listed or unlisted on the Stock Exchanges.

INCLUSIVE IN OUR SERVICE

• 3 Din
• 7 DSC (Class-2)
• Guidance for Name Search & Approval
• PAN & TAN
• ROC Registration Fees
• Object Customization
• Draftng of MOA
• Draftng of AOA

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The potential of the pharmacy business in India cannot be underestimated. The economic cycles have the least impact on the business of drugs and medicines. The rapidly growing state- of- the -art medicinal and surgical developments are further adding the spark to the scope of entrepreneurs involved in the business of pharmacy.

Being considered as one of the essential element required for the survival of mankind from the ancient times, the pharmacy business holds an integral position in the overall consumers market. The scope of medicines has changed rapidly from Ayurveda to Modern medicines such as allopath and homeopathy.

Type of Pharmacy Business:

• Hospital Pharmacy :- It is the one which you find to be present in a hospital satisfying the in-house medicinal requirements of the concern.
• Standalone Pharmacy :- This is the one set-up in a residential area, in the neighborhood market which the residents have easy access to.
• Chain Pharmacy :- A number of shops set up under the same brand, mostly located in a shopping mall and having similar branches in other places.
• Township Pharmacy :- It is the era of modern townships built by the big realtors which facilitate almost every need of the residing individuals. These kind of pharmacy are the one which is set up in a planned township along with other shops looking after every daily need.

Documents Required for Drug License:

• Once you have made your mind in respect of setting up the pharmacy business in India, you have to be assured that the following points of importance are satisfied before applying for the drug license in order to start the business operations:
• A form of business: Only an entity registered in the eyes of the law can proceed with obtaining the drug license. The form of registration you want to have for your pharmacy business is to be decided after considering the pros and cons of various forms of entities, be it a sole proprietorship, a company or an LLP.
• Registration with the tax authorities: Now when you have registered your entity in the legally identifiable manner and have a physical place of business in India, the next step is to register yourself with the taxation department. The advent of 'Goods and Service Tax' under the framework of 'One Nation One Taxation' will also cover the pharmacy business. So, at this stage, you need to get a GST Registration, the moment your turnover exceeds 20 lacs per annum (in some states, the registration is mandatory on exceeding the threshold turnover of 10 lacs per annum).
• The manner is compulsory for a food business to get a food license, in the same way, a pharmacy business is compulsorily required to get a drug license before initiating its operations.

Obtaining a drug license:

• The grant of the drug license to the desirous entities is controlled by The Central Drugs Standard Control Organization and State Drugs Standard Control Organization.

The above-stated entities issues licenses in two forms:

• Retail Drug License :- these are the general chemist shops located in your neighborhood primarily involved in the retail sale of the medicines and cosmetics.
• Wholesale Drug license :- If you are involved or want to be involved in the wholesale activity of drugs and medicines, then you are required to apply for the wholesale drug license.

Basic features of Drug License in India:

• The following characteristics are associated with the Drug License granted to a Pharmacy Business in India:
• It is mandatory for every pharmacy running in the state;
• Such license is granted in the commercial premises or any other premises independent of residence;
• Every drug and cosmetic business is to comply with the requirements of the license;

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We are listed amongst the top firms of the market engaged in offering a large collection of Name Registration Services providers to the clients.

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strike off of Companies under Companies Act, 2013

Has your entity being struck off from the Register of Companies on account of one or more of the following reasons:

• Failure to commence business within one year of incorporation;
• Failure to carry any business or operations for two immediately preceding financial years;
• Extinguish of all liabilities;

And now you want to restore your Business??

Then, we at Enterslice, have come up with the hassle free solution for the revival of Name of a Struck Company under Companies Act, 2013.

Who strikes off the name of the company from the Register of Companies?

• The Registrar of Companies has the authority to strike off the defunct companies or even the companies which have not done their statutory filings. The ROCs have out rightly served notices on such companies as mandated by the law and have subsequently carried on the strike off.