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My Company Formation
New Company Registration in India
Company Registration in India, Companies Act 2013 Defines (New Regulation Replacing the Excising Regulation Companies Act 1956) "company" means a company incorporated under this Act or under an Previous Law. Partnership Firms registered or Sole proprietors business is not called as "company". Only Company Registered as Private Limited Company or OPC (One Person Company Under the New Act) or Public limited Company are called as "Company".
A Company is considered as a artificial person benefits being:
1) Limited Liability
2) Wider Recognition
3) Transfer of Business is easy
4) Perpetual Succession
The Companies are regulated and administered by the Ministry of Corporate Affairs through offices of the Registrar of Companies (ROC) in each state. The Registered office Determines the Jurisdiction of the Registrar of Companies (ROC).
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