'Public company of electronic media\r'

' follow connection whitethorn be defined as a voluntary companion direct of singles. It is an association of persons organize for some common intent exclusively chiefly it is a voluntary association of somebody. It has crownwork divisible into move, cognise as portions. At the said(prenominal) curry it is an bootless private created by a mathematical function of jurisprudence. It has a ever relentless sequence and a common lettre de cachet. It exists still in reflexion of jurisprudence ; i.e.it is habitused by the jurisprudence as a individual, merely as a homo.\r\nOn incorporation of a play along be semens a organic structure corporeal or corporation with a ageless sequence and a common seal. It as well acquires a personalisedity distinct from its members.Features Of A partnership1. Separate effectual entity\r\n2. bound obligation\r\n3. Ageless sequence\r\n4. Common seal\r\n5. Transferability of portions\r\n6. Separate belongings\r\n7. Capacity to typify ionElectronic MediaIt is media that uses electronics or electromechanical energy for the ending drug user ( audience ) to entree the content. This is in tell apart to inactive media ( chiefly print media ) , which be most frequently created electronic entirelyy, but do nt necessitate electronics to be accessed by the terminal user in the printed var.. Most tonic media ar in the manikin of digital media. However, electronic media whitethorn be in either parallel or digital format.\r\nAlthough the term is normally associated with content preserve on a storage strong suit, recordings argon non required for unrecorded broadcast medium and on-line ne devilrking.\r\n whatsoever equipment used in the electronic communicating procedure ( e.g. telecasting, wireless, teleph maven, screen background reckon machine, game console, hand-held thingummy ) may in either(prenominal) case be considered electronic media.Incorporation Of adjureer- kayoedBefore a keep alliance is fo rmed, trus dickensrthy preceding determinations be necessary, for illustration, whether it should be a snobby ac play along or a country-supported keep lodge, what its enceinte should be, and whether it is worthwhile organizing a overboldly gild or pickings over the clientele of an already established furbish up. every these determinations are stockn by certain individuals known as â€Å" takeoff rockets” . They do the full-of-the-moon\r\nnecessary preliminary work low expense to the formation of the familiarity.Public Ltd callerA Public throttle beau monde is a attach to exceptional by portions in which there is no limitation on the maximal routine of stockholders, transportation of portions and credence of habitual sedimentations. The liability of each stockholder is limited to the consummation of the unpaid sum of the portions face time take account and the premium thereon in forecast of the portions held by him. However, the liability of a film handler / Manager of such(prenominal) a Company sight at times be unlimited. The b locateline figure of stockholders is 7.\r\nIt has a negligible paid-up majuscule of Rs 5 blow h unmatchabley oil or such high paid up capital, as may be prescribed. Every everyday federation, bing on the rise of the Companies ( Amendment ) Act, 2000, with a paid-up capital of less than Rs. 5, 00,000 shall, at heart a level of two old ages from such beginning, taper its paid-up capital to Rs.5,00,000. blend in pop A New Public Ltd CompanyBefore stepping in the headache universe & A ; bewilder slewing up a unfermented mend i.e. a in the altogether public Ltd alliance, we moldiness believe a shape of the ac party which co-relate the work of the attach to and be slatternly grasped in the head of the people. As we are get downing a new public Ltd Company of electronic media i.e. tv & A ; computing machine parable company and the attain of the company to be\r\nre gistered will be Protechno media ltd company. account-Approval For The Proposed CompanyThe process for finding the wee-wee benevolence for the proposed company is that an employment in cook no(prenominal) 1A demands to be filed with the vertical flute of Companies ( ROC ) of the province in which the Registered Office of the proposed Company is to be situated. The finishing is required to be signed by 1 of the boosters. The deep down informations of the industry are as follows:\r\n1. quad alternate name calling for the proposed company. ( The name can be coined name from the aspirations of the proposed company or the names of the directors, and so on but should emphatically be declarative of the chief object of the company. Justification for the name needs to be specified along with the application ) .\r\n2. call forth callings and references of the boosters ( Minimal 7 for a public company while 2 for hole-and-corner(a) company ) .\r\n3. Authorized bang-up of th e proposed company.\r\n4. primary(prenominal) objects of the proposed company. rolls Required To Be Executed For IncorporationFollowing are the ideass require for acquiring the certification of incorporation or registering the company with rec indian lodge… … … ..\r\nMOA and AOA are required which is to be punish by the boosters in the presence of a witnesser in axiom their full name, manlike advance ‘s name, residential reference, business, figure of portions signald for, etc.\r\n1. Form no 1 †This is to be to be executed 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 contract been complied with.\r\n2. Form No. 18 †This signifier contains information some the registered big man of affairs of the proposed company.\r\n3. Form No. 29 †This is a accede obtained from all the proposed managers of the proposed company to prevail as managers of the proposed company. ( Not required in exemplify of mysterious company ) .\r\n4. Form No. 32 †This signifier shows the fact of subsidisation of the proposed managers as the board of managers.\r\n5. reach blessing alphabetic character in original.\r\n6. indicant of attorney signed by all the ratifiers of MOA authorising adept of the endorsers or any other individual to work on their behalf for the intent of incorporation and accepting the certification of incorporation.\r\n7. Power of lawyer 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 public figure grade 1A\r\nApplication signifier for availability or alteration of name\r\n[ consistent to part 20 and 21of the Companies Act, 1956 ] Note †all Fieldss tag in*are to be compulsorily fill.\r\n1. *Application for integrating a new company alterin g the name of an bing company\r\nPart A: Handiness of name\r\n2 ( a ) . *Name of applicator Prankur Rastogi\r\n( B ) * calling Businessman\r\n( level Celsius ) . *Address lineage I Phagwara, Jalandhar\r\nLine II Punjab\r\n( vitamin D ) . *City Jalandhar ( vitamin E ) . * soil Punjab ( degree Fahrenheit ) . * kingdom India ( g ) . *Pin codification 144402\r\n( H ) . *e-mail prankurrastogi @ gmail.com\r\n( I ) . Phone 9569231524\r\n( J ) . Fax 09534267447782\r\n3. Name callings of boosters\r\n* ( I ) Name of promoter……… Prankur Rastogi\r\n* ( two ) Name of promoter………Pawan Rastogi\r\n* ( three ) Name of promoter……..Rajesh Dubey\r\n4. *Name of the province in which the proposed company is to be registered\r\nPunjab\r\n5. *Name of the recording equipment of Companies in which the proposed company is to be registered………….. Mr Y B Singh\r\n6. *State whether the proposed company is public or private\r\nPublic\r\n7. * proposed name of company ( at least 6 proposed names )\r\na. Fanko electro ltd\r\nB. Rigs electro-media ltd\r\nc. Protechno Media Ltd Company d. Agnis electro ltd\r\ne. Jippo electro ltd\r\nf. Retro electro media\r\nAfter get at fulling the application for handiness of name ROC will advance the name inside three hebdomads of application submission…………..\r\nThe ROC will look into for the handiness of name and inform the individual who has filled the application………… .\r\nName Protechno Media Ltd Company is uncommitted and is allotted.\r\nThis is to be to be executed 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.\r\nFORM no(prenominal) 1\r\nreadjustment No Of Company -1090\r\n tokenish Capital- : Rs. 2,00,00,000.00\r\nTHE COM scrapIES ACT, 1956\r\nDeclaration of unanimity with the demands of the Companies Act,\r\n1956 on application for readjustment of a company\r\n[ pursuant(predicate) to fr accomplish 33 ( 2 ) ]\r\nName of Company Protechno Media particular(a)/ hidden Limited\r\nPresented by Protechnicals aggroup\r\nI Prankur Rastogi of Protechnicals Group do devoutly 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/secretary of the… … … … Protechno Media Limited/Private Limited.\r\nAnd that all the demands of the Companies Act, 1956, and the regulations at that place infra in regard of affairs case in point to the registration of the said company and parenthetic thereto have been complied with.\r\nAnd do this solemn contract bridge scrupulously believing the same to be true.\r\nThis signifier contains information about the registered federal agency of the proposed company.\r\nFORM NO. 18\r\nRegistration No. of the Company1090 Nominal Capital: Rs2,50,00,000\r\nTHE COM trashIES ACT, 1956\r\n plug-in of the situation/change of enjoin of affairs of registered blot\r\n[ Pursuant to particle 146 ]\r\nName of the company †Protechno Media Ltd Company\r\nNotice is hereby given that — —\r\n1. ( a ) the registered perspective of the company is situated in Jalandhar ( Punjab )\r\n.with termination from\r\n[ daytime of the month ] 20.11.09\r\n( B ) The state of affairs of the registered office of the company of was changed from to with offspring from [ day of the month ]\r\n2. Situation of registered office falls chthonic the legal baron of Jalandhar\r\n( name of the legal philosophy station ) . * go out this thirtieth Day of Nov 2009\r\n trace Prankur Rastogi\r\nName PRANKUR RASTOGI ( In Block Capitals )\r\nAppellation chairwoman\r\n*State reference of close constabulary station with territory and tehsil.\r\nThis is a coincide obtained from all the proposed managers of the proposed co mpany to move as managers of the proposed company.\r\nFORM NO 29\r\nRegistration No. of Company..1090… … … … …\r\nNominal Capital Rs.2,50,00,000… … …\r\nTHE COMPANIES ACT, 1956\r\n bear to move as manager of a company and/or set abouting to take and pay for making portions\r\n[ Pursuant to subdivision 264 ( 2 ) /266 ( I ) ( a ) and 266 ( 1 ) ( B ) ( three ) ]\r\nName of company Protechno Media Limited\r\nPresented by… . Protechnicals Group… … … … .\r\nTo the record-keeper of Companies… … … … … … … … Jalandhar… … … … … … … … … … … … … … … … … … … … … .\r\nI, 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 alter to move as a manager under subdivisions 267 and/or 274 of the Companies Act, 1956.\r\nI, 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.\r\nName and family name in full and male parent ‘s\r\nnames\r\nAddress Occupation Date of birth\r\nNationality Signature\r\n1 2 3 4 5 6\r\nPrankur Rastogi s/o Pawan\r\nRastogi\r\nbusinessman 04-04-88 Indian Prankur\r\nRastogi\r\nSignature Dated the… … … .20th of… .Nov… … … … … . 2009… Prankur Rastogi… appointment Chairman\r\nThis signifier shows the fact of denomination of the proposed managers as the board of managers\r\nFORM NO. 32\r\nRegistration No. of Company.1090… … … … . Nominal Capital Rs.25000000… … … ..\r\nTHE COMPANIES ACT, 1956\r\nParticulars of assignment of managers and director and alterations among them\r\n[ Pursuant to subdivision 303 ( 2 ) ]\r\nName of Company… … . Protechno Media Ltd Company\r\nPresented by… … . Prankur Rastogi\r\nNote: — †If a company has no specifics to be include 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.\r\nA. Appointment of and alterations among managers.\r\nName or names and family name in\r\nfull\r\nFathers/ husband ‘s name\r\nUsual residential reference\r\nNationality Date of appointme National corporate trust or\r\nalteration\r\nBrief specifics of alterations\r\n1 2 3 4 5 6\r\nNotes: ( 1 ) A descent of alterations should be made in towboat 6 e.g. by infixing against the name of new manager, etc. the words â€Å"in topographical point of… … … … … … … … and by bespeaking against the name of the agent manager, the cause for the alteration, e.g. by decease, surrender, retirement by rotary motion, disqualification etc.\r\n( 2 ) In instance of pull offing manager, his assignment should be utter with his name in columan1.\r\nB. [ *** ]\r\nC. Appointment of and alterations in director ship and secretary ship.\r\nName or names and family name in full\r\nFathers/ hubby ‘s name\r\nUsual residential reference\r\nNationality Date of appointme National leave or alteration\r\nBrief specifics of alterations\r\n1 2 3 4 5 6\r\nDated the… … … … … … … … … … … … … … twenty-four hours of… … … … ..19\r\nSignature… … … … … … … … â €¦ … … … … … .. Appellation… … … … … … … … … … … … … … ..\r\nNotes: ( 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.\r\n( 2 ) A note of alteration as besides the cause of alteration e.g. , by decease, surrender, remotion, disqualification, etc. should be stated in editorial 6.\r\nmemoranda of affiliation ( MOA ) and the Articles of friendship ( AOA ) Of A CompanyNow on reception of the name blessing alphabetic character from the ROC the MOA and the AOA are required to be drafted. The MOA states the chief, supplementary / subordinate and other objects of the proposed company. The AOA contains the regulations and processs for the everyday port of the proposed company. It besides\r\nprovinces the authorise portion capital of the propos ed company and the names of its first off / lasting managers. After that the MOA and AOA are required to be stamped and a cast responsibility found on the authorized portion capital is to be paid.Contentss Of MemorandumThe name of the company.\r\nThe province in which the registered office of the company is to be situated. Limited liability.\r\nShare capital.\r\nObject of the company\r\nA public company has the option of contract foring the populace for subscription to its portion capital. Consequently, the company has to spell a prospectus, which provides information about the company to possible investors. The Companies Act specifies the information to be contained in the prospectus.\r\nArticles of association-\r\nThe articles of association or merely articles are the regulations, ordinances for the familiar direction 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.\r\ nThe articles are following in importance to the memoranda of association which contains the underlying conditions upon which entirely a company is allowed to be collective. They are as such infantryman to, and controlled by the memoranda.\r\nContentss of articles- It contains commissariats associating to the undermentioned affairs. Share capital.\r\n irascibility on portions. Calls on portions. Transportations of portions. Transmissions of portions.\r\nConversions of portions in to stock. Shares warrants.\r\n diverge of capital. General meetings. Directors and secretary. Dividends and militias. Capitalization of net incomes.\r\nThe 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 IncorporationAfte r 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.\r\nWhen the requite papers are filed with the vertical flute, 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.\r\nAfter 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 charge 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 business enterprise instantly after having the certification of incorporation, a public company can non make so until it obtains a Certificate of stolon of Business from the ROC.Document To Be Filled With The Registrar:The documents/forms stated below are filed along with Memorandum of Association and Articles of Association on payment of filing fees ( depending on the authorised capital of the company ) :\r\nDeclaration of conformity, punctually stamped\r\nNotice of the state of affairs of the registered office of the company\r\nParticulars of Directors, Manager or escritoire\r\nAuthority 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 enro llment and to do necessary corrections, if any\r\nThe ROC ‘s missive ( in master ) bespeaking the handiness of the name.\r\nBefore the advertisement company is registered, it is inbred 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.\r\nThe memoranda of association. The article of association.\r\nThe sagaciousness. Declaration.\r\nWhen 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 wound up.\r\nA public limited electronic media company has to be obtained certification to commence disturb before it can get down conc ern.Tax Registration-Businesss apt for income taxation enhancement must obtain a revenue enhancement designation card and figure [ known as Permanent banknote military issue ( PAN ) ] from the Revenue Department. In tack to this, concerns apt to keep back revenue enhancement must needfully obtain 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 assorted other paperss such as the paperss refering to sale or grease ones palms of any immoveable belongings ( transcending Rs. cardinal hundred thousand ) , sale or grease ones palms 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 few\r\nFiling Registering/ favorable reception Authority\r\nOne transcript has to be submitted along with a forwardin g missive addressed to the concerned Registrar of Companies.Enclosures-The declaration must be submitted with the undermentioned annexure. Document attesting payment of fee.\r\nMemorandum and Articles of Association.\r\nTranscript 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 director\r\nPower of Attorney from endorsers.\r\nLetter from Registrar of Companies doing names available. No expostulation letters from directors/promoters.\r\n necessitate 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. Thereafte r, the Public Company can get down the concern operations. The Private Company can get down its concern instantly on incorporation.\r\nCertificate of incorporation\r\nForm 1\r\nNo 55-009877 of 2009-10\r\nI hear by certify that …………Protechno Media Limited………is this twenty-four hours incorporated under The companies act 1956 ( NO 1 of 1956 ) and that the company is limited\r\nGiven under my manus at……….Jalandhar………this twenty-four hours … … … .day of\r\n20… . 09\r\nSD/- Mr.Y.B.Singh\r\nRegistrar of Companies\r\nJalandhar, Punjab\r\nThis was the certification issued by the registrar of companies for the incorporation of company\r\nCertificate of beginning of concern\r\n[ Pursuant to subdivision 149 ( 3 ) of companies act 1956 ]\r\nI hear by certify that the … … . Protechno Media ltd…… . which was incorporated under\r\nThe companies act of 1956…….on t he thirtieth twenty-four hours of November 2009\r\nAnd which has punctually substantiate declaration in the prescribed signifier that the conditions have been compiled with is compiled to get down the concern\r\nGiven under my manus at……….Jalandhar………this ………7th… .day of November 2009.\r\nSD/- Mr Sohan Singh\r\nAsst Registrar of Companies\r\nJalandhar, PunjabContractsMy company i.e. Protechno media ltd, a fabrication company has contracted with two companies in which 1 is an advertisement company for the advertizing of the merchandises and secondly with a computing machine fabrication limited company.\r\nThe 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.\r\nThe 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.\r\nAll the indispensable elements for a contract and the footings & A ; conditions are fulfilled and are legitimately 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 tourist court. It is a compulsory weave up of a company.\r\nFor this the Registrar presents a petition for weaving up of the company. Now after that the tribunal will take any action against the company on hearing request as it canDismiss it, with or without cost.Adjourn the hearing conditionally or unconditionallyMake an interim order that it thinks tantrumMake an order for weaving up the companyConsequences of weaving up by the tribunalO Intimation to official recipient and RegistrarO Copy of weaving up order to be filed with the registrarO Suits stayedO Court addition legal power to entertain1. Any suit against the co mpany\r\n2. Any claim made by or against the company\r\n3. Any application made under sec.391 for via media with creditors and/or members\r\n4. Any inquiry of precedences which may originate in class of the weaving up of the companyMentionsMercantile legality -by N D Kapoor\r\nhypertext transfer protocol: //www.sethassociates.com\r\nhypertext transfer protocol: //www.articlesbase.com/patents-articles/company-incorporation-the- procedure-for-incorporating-a-company-in-india-1390673.html\r\n'