Advocate Mohammad Kamran
- 10+ Years of Legal Experience
- Enrolled with the Bar Council of Uttar Pradesh
- Certificate of Practice holder
Incorporating a private limited company, with the constitutional documents and the agreements it will trade on.
Business Registration
A private limited company is a separate legal person under the Companies Act, 2013. It contracts in its own name, holds its own property and continues irrespective of changes among its members, and the liability of members is limited in the way the Act provides. It is the form usually chosen where outside investment is contemplated, because shares can be issued and transferred in a way that participation in a firm cannot.
The cost of that is compliance. A company has continuing obligations — registers, resolutions, annual filings, board and general meetings — and they do not pause because the business is small. The other point that is frequently underestimated is that incorporation is the beginning of the documentation, not the end of it: the shareholders' understanding, the terms on which directors act and the agreements the company will use with customers and staff all still have to be written.
Scope of assistance
Different parts of a matter of this kind are different kinds of work. This is how they divide.
Nothing on this page is an offer to audit accounts or to issue any certificate that only a chartered accountant or company secretary may issue. No professional designation is claimed for anyone at the firm beyond enrolment as an advocate, and no undertaking is given that any particular person will certify, audit or appear in a given matter.
Who this may assist
If your situation is not listed, it does not mean it cannot be dealt with. It means it should be discussed.
Shares have to be capable of being issued and transferred.
Liability and continuity matter more than the lighter compliance of a firm.
A proprietorship or firm is being moved into a company.
The constitutional documents and internal records need attention.
Scope
Process
The sequence varies with the facts and the forum. This is the usual shape of it.
Company against LLP and firm, on investment, liability, compliance and how participants will enter and leave.
Digital signatures and director identification, name selection, registered office particulars and the capital structure.
The application is filed with the constitutional documents, and any query answered. Filings requiring professional certification are coordinated.
First board meeting, statutory registers opened, and the resolutions that authorise the company to operate.
Shareholders' arrangements, employment documentation and the commercial agreements the company will use.
Preparation
Bringing what you have makes the first discussion considerably more useful. Missing items can be obtained later.
Cautions
See also
Reading
General information notes on this area. They are not legal advice.
The practice
Each advocate of the firm is enrolled with the Bar Council of Uttar Pradesh and holds a Certificate of Practice.
Questions
The Act prescribes minimums for members and directors, and there are also forms designed for a single person. Which is appropriate depends on what you are trying to achieve, and the current requirement is confirmed before filing.
Continuing obligations including statutory registers, board and general meetings, resolutions and annual filings. They apply irrespective of turnover, which is the main reason a company is not automatically the right choice for every small business.
The articles are the company's constitution and bind it; a shareholders' agreement records the understanding between the participants. For a company with more than one founder, having both, and making sure they are consistent, is usually sensible.
The subscribers and proposed directors sign, and certain forms additionally require certification by a practising professional of a specified description. Where that applies it is coordinated with a chartered accountant or company secretary.
Where the firm works
The firm's office is in Lucknow. Matters arising in other districts of Uttar Pradesh are conducted from Lucknow before the court, tribunal or authority that has jurisdiction over them. There is no branch office elsewhere. Which forum will hear a particular matter depends on its subject, its value and where the cause of action arose, and is confirmed before anything is filed.
This page is general information about an area of practice. It is not legal advice, and it is not an advertisement or a solicitation of work. Reading it creates no advocate–client relationship.
Procedures, limitation periods, court fees, stamp duty and government charges change, and what applies depends on the facts of the particular matter. Nothing here should be acted on without advice on your own documents, and no outcome is promised or predicted.
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Contact
Write to the office with a short description of the matter, or telephone during working hours.
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