PMC foundation is a society registered under the Societies Registration Act, 1860. The society intends to register itself as a company limited by guarantee under section 8 of the Companies Act, 2013. List out the documen
CS Executive · Setting up of Business Entities and Closure · PYQS · June 2024
PMC foundation is a society registered under the Societies Registration Act, 1860. The society intends to register itself as a company limited by guarantee under section 8 of the Companies Act, 2013. List out the documents required for registration of society as a company limited by guarantee under section 8 of the Companies Act, 2013.
Answer & Explanation:
PMC foundation would require the following documents for registration of society as a company limited by guarantee under section 8: In case of an application by a society for registration as a company limited by guarantee under section 8- a list showing the names, addresses and occupations of all persons, who on a day, not being more than six clear days before the day of seeking registration, were members of the society with proof of membership; a list showing the particulars of persons proposed as the first directors of the company, along with DIN, passport number, if any, with expiry date, residential addresses and their interests in other firms or bodies corporate along with their consent to act as directors of the company; a list containing the names and addresses of the members of the governing body of the society; a certified copy of the certificate of registration of the society; written consent or No Objection Certificate from all the secured creditors of the applicant; written consent from the majority of members whether present in person or by proxy at a general meeting agreeing for such registration, and the resolution shall also provide for declaration of the amount of guarantee; an undertaking that the proposed directors shall comply with the requirements of the Indian Stamp Act, 1899 as applicable; a copy of the latest income tax return of the society; details of the objects of the company along with a declaration from all the members that the restrictions and prohibitions as mentioned in clause (b) and clause (c) of sub-section (1) of section 8 of the Act shall be complied.
Topics: Company Law
Related Questions in this Topic
- You have been appointed as liquidator by the National Company Law Tribunal (NCLT) in the matter of winding up of ABC Ltd...
- Discuss the compliance requirements to retain the status of a dormant company.
- Differentiate between 'Winding Up' and 'Dissolution'.
- Fresh Water Ltd. has not been carrying on any business during the last two financial years. The company wants to get the...
- The registered office of RMC Ltd. is situated at Mumbai. There are 70 shareholders in the company. Out of them, 10 share...