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indilegalonline · 2 years
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Private Limited Company
What is a Private Limited Company? In accordance with section 2(68) of the Companies Act, 2013 private company means a company having a minimum paid-up share capital as may be prescribed, and which by its articles:- (a) put restriction to the right to transfer its shares; (b) except in the case of OPC, which limits the number of its members to 200. However, where 2 or more persons hold one or…
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NME, Jan 1964
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Source: https://x.com/jtedesci/status/1746601769876992329?s=46&t=FH5Qe-o0k4TlgkbUWmMx1w
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uwmspeccoll · 1 year
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Publishers’ Binding Thursday
This Publishers’ Binding Thursday we bring you this cheery little book. It is Speculum Amantis: Love-Poems from Rare Song-Books and Miscellanies of the Seventeenth Century. It is a collection of love poems edited by English scholar, editor, and publisher Arthur Henry (A.H.) Bullen (1857-1920). Bullen was a 16th- and 17-century specialist and founder of the Shakespeare Head Press, now an imprint of Wiley-Blackwell. This edition of Speculum Amantis was published in 1902 and was privately printed by Lowe & Brydone Printers Ltd. in Camden Town, London. 
The binding is very nice, with a pattern of small flowers and stars set in a diamond-patterned border. The book cloth is a teal blue color, which sets the gold stamping off nicely. On the spine are the same patterns, along with the title and the editor’s name, and, unfortunately, a call number sticker. 
-- Alice, Special Collections Department Manager
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thenumberfives · 1 year
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I'm not the only one who feels like this game's Treasure-coded, right?
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olygextech · 1 year
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To get an accurate estimate, it's recommended to consult with a Web Development Agency or professional who can assess your specific requirements and provide a detailed cost breakdown tailored to your project.
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universal-vault · 1 year
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Unleash your dreams with us at "universal vault investment management LTD".If you're interested in the future, check out our firm at Universal-vaultinvestments.com
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seatrippin · 2 years
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Royal Caribbean's private island is the BEST! You can have a great time without spending any money!
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setupfiling · 6 days
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Private Limited Company Registration
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papertaxindia · 14 days
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Annual Income Tax Returns Filing for Private Limited Company Service 
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Get expert assistance for Private Limited Companies Annual Filing. Simplify compliance, and ensure accuracy. Paper Tax is your financial governance trusted partner. https://bit.ly/3ZgjYvC 
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vimalkumar · 28 days
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Setting up a private limited company Registration can be a complex process with various legal and financial challenges along the way. From choosing the proper business structure to navigating through the paperwork and regulations, there are several hurdles to overcome in the registration process. Understanding and addressing these common challenges is crucial for a successful registration. In this blog, we will explore the common challenges that arise during private limited company registration and provide valuable insights on how to overcome them effectively.
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naukrisambad · 2 months
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MRL Tyre Company Recruitment 2024: 85 Vacancy Apply Now
MRL Tyre Company Recruitment 2024: MRL Tyre Company Recently announced good news for job seekers. If you are interested in MRL Tyre Company and are qualified for the vacancy, then you are in the right place. Here you can get all the details of this MRL Tyre Company Recruitment 2024. In this post we will inform you of all the details of MRL Tyre Company Recruitment 2024: Time to know…
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merisarkar · 2 months
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DRDO awards 7 defence contracts to startups
DRDO awards 7 new projects to Indian startups: India’s Defense Research and Development Organisation (DRDO) has awarded seven new defence projects to private Indian companies, with a particular focus on nurturing micro, small, and medium enterprises (MSMEs) and startups. These projects have been awarded to Indian defence startups spread across the country, from Delhi-NCR to Maharashtra to…
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defencestar · 2 months
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DRDO awards multiple contracts to Indian defence startups
DRDO awards 7 new projects to Indian startups: India’s Defense Research and Development Organisation (DRDO) has awarded seven new defence projects to private Indian companies, with a particular focus on nurturing micro, small, and medium enterprises (MSMEs) and startups. These projects have been awarded to Indian defence startups spread across the country, from Delhi-NCR to Maharashtra to…
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legalpillers24 · 3 months
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Pros and Cons: The Downside of Registering a Private Limited Company in India
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When we talk about the business structure for your new venture in India, a Private Limited Company comes as the most attractive option. A Privat Limited Registration is the most popular choice of entrepreneurs in India due to its numerous benefits. But as a coin has two sides, similarly along with benefits there are some drawbacks also. Here, in this article we will tell you about the disadvantages of a Pvt Ltd Registration.
Disadvantages of Private Limited Company Registration in India
High Compliance Costs: One of the primary limitations of Pvt Ltd Company registration in India is its high costs of compliances. The compliance cost of a Private limited company includes registration costs & cost of online compliance.
Restricted Share Transfer: The other major limitation of a Pvt Ltd Company registration in India is the restriction imposed on the transfer of shares. The members of a Private Limited Company neither transfer their shares freely to the general public nor sell them on the stock exchange of platforms.
Limited Access to Capital: A Private Limited Company cannot raise the capital from the general public as its members can’t sale their shares. A Pvt Ltd company can raise the funds only from smaller shareholders or private investors and not from the general public.
Complicated Dissolution Process: The complexity and legal formalities that have been associated with the process of dissolution of a Pvt Ltd Registration is a challenge and also create an additional burden for the directors and shareholders of the company.
Limited Number of Shareholders: As per the Companies Act 2013, a Pvt Ltd Registration can have a maximum number of 200 shareholders.
Complication in Expansion: Unlike other business structures, it can be complicated to expand a Private limited Company. If you want to expand your private company, it requires several regulatory approvals which can be more complex and time consuming.
Lack of Confidentiality and Privacy: As a registered entity, a private limited company has to disclose some crucial information to the regulatory authorities and has to make it available for the public inspection. Some important documents including annual return and financial statements can become accessible to the competitors, stakeholders and even general public
Strict Regulatory Requirements: It is compulsory for the Private Limited Company to stick to the regulatory requirements. There are mandatory filings including annual returns, financial statements, and director reports with ROC. For a Private limited registration, regular board meetings and AGMs are also compulsory.
Conclusion
As we told you earlier that just like a coin has two sides, a Private Limited Company Registration in India also has its own set of benefits & limitations. The above given disadvantages can impact your business operations and growth. So, you should remember that before deciding on this business structure in India, careful consideration and professional advice are crucial.
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olygextech · 1 year
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Olygextech is an Affordable Web Development Agency, we provide Full-Stack Web Development Services, Backend Development Services, E-Commerce Web Development Services.
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solubiliss · 4 months
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