Public company of electronic media

caller corporation may be defined as a voluntary affiliation of individuals. It is an association of persons formed for some common feeling only chiefly it is a voluntary association of individual. It has capital divisible into parts, k zero(prenominal)n as portions. At the same clip it is an unreal individual created by a action of jurisprudence. It has a ageless epoch and a common seal. It exists merely in contemplation of jurisprudence i.e.it is regarded by the jurisprudence as a individual, merely as a homo.On internalisation of a friendship becomes a organic coordinate corporate or corporation with a ageless sequence and a common seal. It overly acquires a personality distinct from its members.Features Of A bon ton1. Separate legal entity2. Limited liability3. Ageless sequence4. coarse seal5. Transferability of portions6. Separate belongings7. Capacity to actionElectronic MediaIt is media that uses electronics or electromechanical energy for the terminal user ( ear reach ) to entree the content. This is in contrast to inactive media ( chiefly print media ) , which be most frequently created electronically, but do nt necessitate electronics to be accessed by the terminal user in the printed signifier. Most new media ar in the signifier of digital media. However, electronic media may be in both parallel or digital format.Although the term is normally associated with content recorded on a storage medium, recordings are non necessitate for unrecorded broadcast medium and on-line mesh topologyworking.Any equipment used in the electronic communicating procedure ( e.g. telecasting, wireless, telephone, desktop computing machine, game console, hand-held device ) may besides be considered electronic media.Incorporation Of Comp whatsoeverBefore a fraternity is formed, certain preliminary determinations are necessary, for illustration, whether it should be a private alliance or a domain smart set, what its capital should be, and whether it is wo rthwhile organizing a new community or pickings over the occupation of an already established concern. All these determinations are taken by certain individuals known as booster shots . They do the totalnecessary preliminary work minor expense to the formation of the order.Public Ltd CompanyA Public Limited Company is a Company limited by portions in which there is no limitation on the maximum figure of stockholders, transportation of portions and credence of public sedimentations. The liability of each stockholder is limited to the extent of the due sum of the portions face value and the premium thereon in regard of the portions held by him. However, the liability of a Director / Manager of much(prenominal) a Company cease at times be unlimited. The stripped figure of stockholders is 7.It has a minimal paid-up capital of Rs 5 hundred thousand or such higher paid up capital, as may be overconfident. Every public bon ton, bing on the get wad of the Companies ( Amendmen t ) Act, 2000, with a paid-up capital of less than Rs. 5, 00,000 shall, within a period of two old ages from such beginning, heighten its paid-up capital to Rs.5,00,000.Get downing A New Public Ltd CompanyBefore stepping in the concern creative activity & A get downing up a new concern i.e. a new public Ltd attach to, we moldiness believe a promise of the company which co-relate the work of the company and be easy grasped in the head of the people. As we are get downing a new public Ltd Company of electronic media i.e. Television & A computing machine fabrication company and the name of the company to beregistered testament be Protechno media ltd company.Name-Approval For The Proposed CompanyThe process for obtaining the name state of grace for the proposed company is that an exertion in Form no. 1A demands to be filed with the Registrar of Companies ( ROC ) of the province in which the Registered Office of the proposed Company is to be situated. The application is infalli ble to be sign-language(a) by one of the boosters. The inside schoolings of the application are as follows1. Four alternate names for the proposed company. ( The name shadow be coined names from the rejects of the proposed company or the names of the passenger vehicles, and so forth but should decidedly be declarative of the chief object of the company. Justification for the name needs to be specified along with the application ) .2. Name callings and generators of the boosters ( Minimal 7 for a public company while 2 for private company ) .3. Authorized Capital of the proposed company.4. Main objects of the proposed company.Documents Required To Be Executed For IncorporationFollowing are the paperss require for acquiring the security of incorporation or registering the company with registrar ..MOA and AOA are required which is to be executed by the boosters in the presence of a informant in saying their full name, male parent s name, residential reference, business, figure of portions subscribed for, etc.1. 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 have been complied with.2. Form No. 18 This signifier contains learning about the registered office of the proposed company.3. Form No. 29 This is a consent obtained from all the proposed managers of the proposed company to lift as managers of the proposed company. ( Not required in instance of private company ) .4. Form No. 32 This signifier shows the fact of assignment of the proposed managers as the board of managers.5. Name blessing missive in original.6. motive of lawyer signed by all the endorsers of MOA authorising one of the endorsers or any other individual to ladder on their behalf for the intent of incorporation and accepting the certification of incorporation.7. Power of Attorney in instance of a endorser who has positive a nother individual to subscribe the MOA on his behalf. Filing fees as may be applicable.This Form Is Filled For Checking The Availability Of Name throw 1A finishing signifier for handiness or alteration of name consistent to segment 20 and 21of the Companies Act, 1956 Note All Fieldss marked in*are to be compulsorily filled.1. *Application for integrating a new company altering the name of an bing companyPart A accessibility of name2 ( a ) . *Name of applicant Prankur Rastogi( B ) *Occupation Businessman( degree Celsius ) . * process Line I Phagwara, JalandharLine II Punjab( vitamin D ) . *City Jalandhar ( vitamin E ) . *State Punjab ( degree Fahrenheit(postnominal) ) . *Country India ( g ) . *Pin codification 144402( H ) . *e-mail prankurrastogi gmail.com( I ) . Phone 9569231524( J ) . facsimile 095342674477823. Name callings of boosters* ( I ) Name of promoter Prankur Rastogi* ( two ) Name of promoterPawan Rastogi* ( three ) Name of promoter..Rajesh Dubey4. *Name of the prov ince in which the proposed company is to be registeredPunjab5. *Name of the Registrar of Companies in which the proposed company is to be registered.. Mr Y B Singh6. *State whether the proposed company is public or privatePublic7. * proposed name of company ( at least 6 proposed names )a. Fanko electro ltdB. Rigs electro-media ltdc. Protechno Media Ltd Company d. Agnis electro ltde. Jippo electro ltdf. Retro electro media later make fulling the application for handiness of name ROC go out assign the name within three hebdomads of application submission..The ROC will purport into for the handiness of name and inform the individual who has filled the application .Name Protechno Media Ltd Company is available and is allotted.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 have been complied with.FORM no(prenominal) 1Registration No Of Com pany -1090Nominal Capital- Rs. 2,00,00,000.00THE COM travelIES ACT, 1956Declaration of conformity with the demands of the Companies Act,1956 on application for enrolment of a company Pursuant to ramification 33 ( 2 ) Name of Company Protechno Media Limited/ head-to-head LimitedPresented by Protechnicals groupI Prankur Rastogi of Protechnicals crowd do solemnly 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.And that all the demands of the Companies Act, 1956, and the regulations at that view under in regard of affairs precedent to the enrollment of the said company and incidental to that have been complied with.And do this solemn declaration scrupulously believing the same to be true.This signifier contains information about the registered office of the proposed company.FORM NO. 18Registration No. of the Company10 90 Nominal Capital Rs2,50,00,000THE COMPANIES ACT, 1956 notification of the situation/change of state of affairs of registered office Pursuant to segment 146 Name of the company Protechno Media Ltd CompanyNotice is herewith given that 1. ( a ) the registered office of the company is situated in Jalandhar ( Punjab ).with consequence from solar two dozen hour period of the calendar month 20.11.09( B ) The state of affairs of the registered office of the company of was changed from to with consequence from day of the month 2. shoes of registered office falls under the legal power of Jalandhar( name of the constabulary station ) . * Dated this 30th Day of Nov 2009Signature Prankur RastogiName PRANKUR RASTOGI ( In Block Capitals )Appellation prexy*State reference of most constabulary station with territory and tehsil.This is a consent obtained from all the proposed managers of the proposed company to move as managers of the proposed company.FORM NO 29Registration No. of Compan y..1090 Nominal Capital Rs.2,50,00,000 THE COMPANIES ACT, 1956Consent to move as manager of a company and/or set abouting to take and pay for do portions Pursuant to subdivision 264 ( 2 ) /266 ( I ) ( a ) and 266 ( 1 ) ( B ) ( three ) Name of company Protechno Media LimitedPresented by . Protechnicals Group .To the Registrar of Companies Jalandhar .I, 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 disqualified to move as a manager under subdivisions 267 and/or 274 of the Companies Act, 1956.I, the undersigned holding consented to move as manager of the.Protechno Media Limited, besides herewith get down 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 compan y.Name and family name in full and male parent snamesAddress Occupation Date of birthNationality Signature1 2 3 4 5 6Prankur Rastogi s/o PawanRastogibusinessman 04-04-88 Indian PrankurRastogiSignature Dated the .20th of .Nov . 2009 Prankur Rastogi Designation ChairmanThis signifier shows the fact of assignment of the proposed managers as the board of managersFORM NO. 32Registration No. of Company.1090 . Nominal Capital Rs.25000000 ..THE COMPANIES ACT, 1956Particulars of assignment of managers and director and alterations among them Pursuant to subdivision 303 ( 2 ) Name of Company . Protechno Media Ltd CompanyPresented by . Prankur RastogiNote If a company has no specifics to be included 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.A. Appointment of and alterations among managers.Name or names and family name infullFathers/ hubby s nameUsual resident ial referenceNationality Date of appointme National Trust oralterationBrief specifics of alterations1 2 3 4 5 6Notes ( 1 ) A note of alterations should be made in column 6 e.g. by infixing against the name of new manager, etc. the words in topographic point of and by bespeaking against the name of the former manager, the cause for the alteration, e.g. by decease, surrender, retreat by rotary motion, disqualification etc.( 2 ) In instance of pull offing manager, his appellation should be state with his name in columan1.B. *** C. Appointment of and alterations in director ship and secretary ship.Name or names and family name in fullFathers/ hubby s nameUsual residential referenceNationality Date of appointme National Trust or alterationBrief specifics of alterations1 2 3 4 5 6Dated the twenty-four hours of ..19Signature .. Appellation ..Notes ( 1 ) For the intents of this signifier, specifics of a individual appointed as director with in the significance of subdivision 2 ( 24 ) of the Companies Act, 1956 demand be given.( 2 ) A note of alteration as besides the cause of alteration e.g. , by decease, surrender, remotion, disqualification, etc. should be stated in column 6. instrument of Association ( MOA ) and the Articles ofAssociation ( AOA ) Of A CompanyNow on reception of the name blessing missive from the ROC the MOA and the AOA are required to be drafted. The MOA states the chief, accessory / subordinate and other objects of the proposed company. The AOA contains the regulations and processs for the everyday behavior of the proposed company. It besidesprovinces the authorised portion capital of the proposed company and the names of its first / lasting managers. After that the MOA and AOA are required to be stamped and a cast responsibility based on the authorized portion capital is to be paid.Contentss Of MemorandumThe name of the company.The province in which the registered office of the company is to be si tuated. Limited liability.Share capital.Object of the companyA public company has the option of ask foring the populace for subscription to its portion capital. Consequently, the company has to publish a prospectus, which provides information about the company to possible investors. The Companies Act specifies the information to be contained in the prospectus.Articles of association-The articles of association or merely articles are the regulations, ordinances for the internal 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.The articles are following in importance to the memoranda of association which contains the cardinal conditions upon which entirely a company is allowed to be incorporated. They are as such subsidiary to, and controlled by the memoranda.Contentss of articles- It contains commissariats associating to the undermentioned affairs. Share capital.Lien on portions. Calls on portions. Transportations of portions. Transmissions of portions.Conversions of portions in to stock. Shares warrants.Change of capital. General concussions. Directors and secretary. Dividends and militias. Capitalization of net incomes.The 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 invest down the regulations and ordinances for accomplishing those aims and intents.The certificate Of IncorporationAfter 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.When the pay back papers are filed with the registrar, the registrar satisfy himself that the statutory demands sing enrollment have been punctually 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.After the duly stamped Memorandum of Association and Articles of Association, paperss and signifiers are filed and the register fees are paid, the ROC scrutinizes the paperss and, if necessary, instructs the authorised individual to do necessary corrections. Thereafter, a present 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 security measures of Incorporation. Although a private company can get down concern instantly after having the certification of incorporation, a public company can non make so until it obtains a Certificate of Commencement of Business from the ROC.Document To Be Filled With The RegistrarThe 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 ) Declaration of conformity, punctually stampedNotice of the state of affairs of the registered office of the companyParticulars of Directors, Manager or SecretaryAuthority executed on a non-judicial cast paper, in esteem of one of the endorsers to the Memorandum of Association or any other individual authorising him to register the paperss and documents for enrollment and to do necessary corrections, if anyThe ROC s missive ( in master ) bespeaking the handiness of the name.Before the publicizing company is registered, it is indispensable to determine from the registrar of companies and if the proposed name of the company is approved so the undermentioned paperss punctually stamped unneurotic with the necessary fees are to be filed with the registrar. The memoranda of association. The article of association.The understanding. Declaration.When 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 injure up.A public limited electronic media company has to be obtained certification to commence concern in advance it can get down concern.Tax Registration-Businesss apt for income tax income enhancement must obtain a revenue enhancement designation card and figure known as Permanent Account Number ( PAN ) from the Revenue Department. In add-on to this, concerns apt to keep back revenue enhancement must necessarily obtain a Tax Deduction Account Number ( burn mark ) . 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 purchase of any immoveable belongings ( transcending Rs. five hundred thousand ) , sale or purchase of a move vehicle, clip sedimentation ( transcending Rs. 5 hundred thousand ) , guarantee for sale or purchase of securities ( transcending Rs. 10 hundred thousand ) , to call a fewFiling Registering/Approving AuthorityOne replica has to be submitted along with a forwarding missive addressed to the concerned Registrar of Companies.Enclosures-The declaration must be submitted with the undermentioned annexure. Document attesting payment of fee.Memorandum and Articles of Association.Transcript 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 directorPower of Attorney from endorsers.Letter from Registrar of Companies doing names availa ble. No expostulation letters from directors/promoters.Needed 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. Thereafter, the Public Company can get down the concern operations. The Private Company can get down its concern instantly on incorporation.Certificate of incorporationForm 1No 55-009877 of 2009-10I hear by acknowledge that Protechno Media Limitedis this twenty-four hours incorporated under The companies act 1956 ( NO 1 of 1956 ) and that the company is limitedGiven under my deal at.Jalandharthis twenty-four hours .day of20 . 09SD/- Mr.Y.B.SinghRegistrar of CompaniesJalandhar, PunjabThis wa s the certification issued by the registrar of companies for the incorporation of companyCertificate of beginning of concern Pursuant to subdivision 149 ( 3 ) of companies act 1956 I hear by certify that the . Protechno Media ltd . which was incorporated underThe companies act of 1956.on the thirtieth twenty-four hours of November 2009And which has punctually verified declaration in the prescribed signifier that the conditions have been compiled with is compiled to get down the concernGiven under my manus at.Jalandharthis seventh .day of November 2009.SD/- Mr Sohan SinghAsst Registrar of CompaniesJalandhar, PunjabContractsMy company i.e. Protechno media ltd, a fabrication company has assure with two companies in which 1 is an advertisement company for the advertizement of the merchandises and secondly with a computing machine fabrication limited company.The 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.The 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.All the indispensable elements for a contract and the footings & A conditions are fulfilled and are lawfully 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 tribunal. It is a compulsory weaving up of a company.For this the Registrar presents a request for weaving up of the company. Now after that the tribunal will take any action against the company on hear 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 offici al Liquidator and RegistrarO Copy of weaving up order to be filed with the registrarO Suits stayedO Court growth legal power to entertain1. Any suit against the company2. Any claim made by or against the company3. Any application made under sec.391 for via media with creditors and/or members4. Any inquiry of precedences which may take off in class of the weaving up of the companyMentionsMercantile Law -by N D Kapoorhypertext enthrall protocol //www.sethassociates.comhypertext transfer protocol //www.articlesbase.com/patents-articles/company-incorporation-the- procedure-for-incorporating-a-company-in-india-1390673.html