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<p style="text-align: justify;">The parliamentary meeting has modified the Act with a mechanism that compel telecommunication companies with above 500 million paid-up capital to issue shares to general public. The companies will have to transform in public companies within next two years.</p>
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<p style="text-align: justify;">Unable to pay the fine, many companies were struggling to cancel their company registration. 40 per cent out of 63,000 companies registered till date are defunct, informed Company Registrar Office. </p>
<p style="text-align: justify;">The parliamentary meeting has modified the Act with a mechanism that compel telecommunication companies with above 500 million paid-up capital to issue shares to general public. The companies will have to transform in public companies within next two years.</p>
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Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 115]
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<p style="text-align: justify;">The parliamentary meeting has modified the Act with a mechanism that compel telecommunication companies with above 500 million paid-up capital to issue shares to general public. The companies will have to transform in public companies within next two years.</p>
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<p style="text-align: justify;">The parliamentary meeting has modified the Act with a mechanism that compel telecommunication companies with above 500 million paid-up capital to issue shares to general public. The companies will have to transform in public companies within next two years.</p>
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View::_render() - CORE/Cake/View/View.php, line 933
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<p style="text-align: justify;">The parliamentary meeting has modified the Act with a mechanism that compel telecommunication companies with above 500 million paid-up capital to issue shares to general public. The companies will have to transform in public companies within next two years.</p>
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March 15: Legislature Parliament has endorsed the amended bill of Company Act. The parliament easing the process of cancellation of company registration unanimously endorsed the bill on March 14. The amended bill has mechanized for registration cancellation of such companies that have not transacted till date and was defunct for last two years. The companies can cancel their registration by paying prescribed fee, overdue fine or 1 per cent of paid-up capital whichever is lower.
Unable to pay the fine, many companies were struggling to cancel their company registration. 40 per cent out of 63,000 companies registered till date are defunct, informed Company Registrar Office.
The parliamentary meeting has modified the Act with a mechanism that compel telecommunication companies with above 500 million paid-up capital to issue shares to general public. The companies will have to transform in public companies within next two years.
The act has also reduced the time limit for company registration. Earlier, it took 15 days to receive company registration certificate from the date of application submission which is now reduced to 7 seven days. Upon delay of registration, the registrar office should inform the company with reasons of delay within three days.
The amended Act has encouraged digital signature while proofing the documents required for company registration. Moreover, the number of shareholders has been increased to 101 from previous 50. Similarly, the board of directors of any company that have female shareholders must include at least one female director.
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include - APP/View/Elements/side_bar.ctp, line 60
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View::_renderElement() - CORE/Cake/View/View.php, line 1224
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View::_evaluate() - CORE/Cake/View/View.php, line 971
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<p style="text-align: justify;">The parliamentary meeting has modified the Act with a mechanism that compel telecommunication companies with above 500 million paid-up capital to issue shares to general public. The companies will have to transform in public companies within next two years.</p>
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<p style="text-align: justify;">The amended Act has encouraged digital signature while proofing the documents required for company registration. Moreover, the number of shareholders has been increased to 101 from previous 50. Similarly, the board of directors of any company that have female shareholders must include at least one female director. </p>
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<p style="text-align: justify;">Unable to pay the fine, many companies were struggling to cancel their company registration. 40 per cent out of 63,000 companies registered till date are defunct, informed Company Registrar Office. </p>
<p style="text-align: justify;">The parliamentary meeting has modified the Act with a mechanism that compel telecommunication companies with above 500 million paid-up capital to issue shares to general public. The companies will have to transform in public companies within next two years.</p>
<p style="text-align: justify;">The act has also reduced the time limit for company registration. Earlier, it took 15 days to receive company registration certificate from the date of application submission which is now reduced to 7 seven days. Upon delay of registration, the registrar office should inform the company with reasons of delay within three days.</p>
<p style="text-align: justify;">The amended Act has encouraged digital signature while proofing the documents required for company registration. Moreover, the number of shareholders has been increased to 101 from previous 50. Similarly, the board of directors of any company that have female shareholders must include at least one female director. </p>
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Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 133]
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<p style="text-align: justify;">Unable to pay the fine, many companies were struggling to cancel their company registration. 40 per cent out of 63,000 companies registered till date are defunct, informed Company Registrar Office. </p>
<p style="text-align: justify;">The parliamentary meeting has modified the Act with a mechanism that compel telecommunication companies with above 500 million paid-up capital to issue shares to general public. The companies will have to transform in public companies within next two years.</p>
<p style="text-align: justify;">The act has also reduced the time limit for company registration. Earlier, it took 15 days to receive company registration certificate from the date of application submission which is now reduced to 7 seven days. Upon delay of registration, the registrar office should inform the company with reasons of delay within three days.</p>
<p style="text-align: justify;">The amended Act has encouraged digital signature while proofing the documents required for company registration. Moreover, the number of shareholders has been increased to 101 from previous 50. Similarly, the board of directors of any company that have female shareholders must include at least one female director. </p>
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<p style="text-align: justify;">Unable to pay the fine, many companies were struggling to cancel their company registration. 40 per cent out of 63,000 companies registered till date are defunct, informed Company Registrar Office. </p>
<p style="text-align: justify;">The parliamentary meeting has modified the Act with a mechanism that compel telecommunication companies with above 500 million paid-up capital to issue shares to general public. The companies will have to transform in public companies within next two years.</p>
<p style="text-align: justify;">The act has also reduced the time limit for company registration. Earlier, it took 15 days to receive company registration certificate from the date of application submission which is now reduced to 7 seven days. Upon delay of registration, the registrar office should inform the company with reasons of delay within three days.</p>
<p style="text-align: justify;">The amended Act has encouraged digital signature while proofing the documents required for company registration. Moreover, the number of shareholders has been increased to 101 from previous 50. Similarly, the board of directors of any company that have female shareholders must include at least one female director. </p>
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simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 133
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View::_renderElement() - CORE/Cake/View/View.php, line 1224
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include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
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