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The main law regulating Private Limited Companies is the Companies Act 2013. [22] Prior to 2015, the shareholders (known as members) had to pay a minimum of ₹ 1 lakh (equivalent to ₹ 1.5 lakh or US$1,800 in 2023) as a subscription amount to incorporate a private limited company. [23] A private limited company can have at most 200 members.
The Government e Marketplace (or e-Marketplace) ( GeM) is an online platform for public procurement in India. [ 1] The initiative was launched on 9 August 2016, by the Ministry of Commerce and Industry, Government of India with the objective to create an open and transparent procurement platform for government buyers. [ 2]
Common Service Centers (CSCs) are a key component of the Digital India initiative launched by the Government of India. These centers aim to provide essential government and non-government services to citizens, particularly in rural and remote areas, through digital means. By acting as access points for various public utility services, social ...
An Act to consolidate and amend the law relating to companies. The Companies Act 2013 (No. 18 of 2013) is an Act of the Parliament of India which forms the primary source of Indian company law. It received presidential assent on 29 August 2013, and largely superseded the Companies Act 1956. The Act was brought into force in stages.
Regulated by the union government. Company. Private Limited Company: have 2–200 shareholders; shares are held privately and cannot be offered to the public. Have limited liability and registration is mandatory. Regulated by the union government. Public Limited Company: have more than 200 shareholders. Can be listed or unlisted in the share ...
Companies Act 1956. The Companies Act 1956 was an Act of the Parliament of India, enacted in 1956, which enabled companies to be formed by registration, and set out the responsibilities of companies, their directors and secretaries. [ 1] It was repealed and replaced by the Companies Act 2013 .
Registrar of Companies (India) The Registrar of Companies (ROC) is an office under the Indian Ministry of Corporate Affairs that deals with administration of the Companies Act, 2013, The Limited Liability Partnership Act, 2008, The Company Secretaries Act, 1980 and The Chartered Accountants Act, 1949. These officers are from Indian Corporate ...
Vedanta Resources (64.92%), Government of India (29.54%) 5: Modern Food Industries: 2000: Grupo Bimbo: 6: MMTC PAMP India Private Limited: 2008: PAMP , SA Switzerland (71%), Government of India (29%) 7: Jessop & Company: 2003: Ruia Group, bankrupted in 2013 [5] 8: CMC Limited: 2001: TCS: 9: Maruti Suzuki: 2002: Maruti Suzuki: 10: Indian ...