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A private limited company is a corporation privately held for small businesses. The legal obligation of members of a private limited company in India is limited to the number of shares that are held by each partner respectively. Shares of the private limited company will not be traditionally traded. Private limited companies in India can be in three categories: a company limited by shares; Company limited by guarantee and an unlimited company.

A CASE STUDY on AIR FLY AIRLINES Merger issues leading to failure of Industrial relations Critical Incidents - strikes, employee separation, Retrenchment Voluntary retirement and revenue losses. Major Stakeholders - Employer, Management, Trade Unions, Employees, Labour & Government Abstract With the transformations and gradual change in business environment, the Industrial Relation system has seen a vast change over a period of time, due to which, the role of employer and employees have become more tough and challenging. Of all the human resource management problems that have occurred in the Indian Airlines Industry in recent times, the problem of Industrial Relations is the most critical. The reason behind this is the fact that Industrial Relation deals with people who are foundation of the Industry. Their action or counter reaction matters a lot for the Industrial Harmony of the economy country. Harmonious Industrial Relations are pre-requisite for economic development of a country. Success and growth of the Airlines Industry depends on cordial relationship between the employers and the employees. The Objective of this case study is to examine the "Industrial Relations in Airlines Industry in India: "A Case Study of Air Fly Airlines". Research in this field can be of practical utility to all those involved in Industrial Relations scene like management, employees and the government. Success of the Airlines Industry depends on cordial relationship between the employers and the employees. This study assesses the state of Industrial Relations in the Airlines Industry and also identifies the factors that affect it. The case study also proposes to redefine the pattern of Industrial Relations in Airlines Industry by suggesting some changes in the role of various stakeholders such as employer, management, union and government. Introduction Indian industrial enterprises are hugely affected by disinvestments, privatization, restructuring and takeovers which,

There are more than a dozen private limited companies, but every private limited company, at some point, wants to turn public in order to increase scalability. The question generally is, "Why to go public?" The answer lies in some specific differences that arise between private limited companies and public limited companies.

Start a Private Limited Company: Being an entrepreneur, the first critical, as well as the most vital question that comes to mind is selecting the perfect type of business entity and incorporating the company under that entity. As the market for entrepreneurs is booming, it is the time to delve into a lucrative career with the foundation of your own company, and that envisioned success needs the first step as registering your company as a business entity. At a point when you suffer from terrible indecision regarding the proper choice, this article might show you a way out. Keep reading this article till the last to get the answer to your question of why to open a private limited company in India. But before that, let's become familiar with the idea and characteristics of a private limited company.

The single-entrepreneur-led One Person Company (OPC) has many features of a private limited company. However, there are some essential differences between the two. If you are thinking of registering a business and confused between a private limited company and a one-person company, then continue reading. In this article, we will talk about OPC vs Private Limited Company to help you understand the differences before making a decision.

A public limited company, abbreviated as a PLC, is a business entity that provides its shares to the public or whose securities are traded in the stock market. Such companies get access to sufficient capital through the public issue of shares. A minimum of three directors, seven shareholders, and a registered office is required to include a public limited company in India. In a public limited company, members have to follow strict compliance compared to a private limited company. If you also want to start a public limited company, then you have landed on the right platform. This piece of information will give extensive knowledge about the process, eligibility, documents required for public limited company registration.

A private limited company is the most ordinary legal corporate entity in India. A company register is a register of jurisdiction organizations that they operate under the Companies Act 2013, by the Ministry of Corporate Affairs. The private limited company has a minimum of 2 to 200 members and a director of 2 to 50 members. Any person can be both a director or a shareholder. A limited liability shareholder and its shares cannot be offered to the general public. It is a company privately managed by directors and shareholders. It is not entitled to sell its shares to public investors.

The introduction of an OPC through the Companies Act, 2013, was targeted at helping single entrepreneurs register a company. While an OPC offers benefits similar to a private company, it has certain drawbacks too. Hence, the option of converting a One Person Company to a Private Limited Company was kept open.

As an entrepreneur launching a startup, you have a long list of pending decisions waiting for you. Right from an innovative business idea, to optimum processes, to selecting the right business entity, it is an endless journey. However, it is important to remember that every decision you make now goes a long way in determining the success of your business. While traditionally, new businesses preferred the sole proprietorship model, in recent times, a private limited company is evolving as the preferred option for company formation. Today, we will look at the reasons behind startups preferring a private limited company.

The responsibility for the private limited company is controlled by the shareholding of the Company. To enlist new financial backers or move responsibility for Company, the portion of the private restricted organization would need to be moved. In this article, we see how to move portions of a private restricted organization.

Starting a company is a super exciting moment for a startup, and a lack of complete information can cause unnecessary confusion and delay in the company. The purpose of this article is to provide all the necessary information required to form a private limited company in India. Our focus is on the requirements of starting a company or, say, the preparation required to form a company under the Companies Act, 2013. Company registration is a legal process that ends with the issue of a certificate of incorporation. We will check all the preparations you make so that a certificate of incorporation is issued for your new venture.

The Private Limited Company has to suffix limited or formation as the name is the reason of lid or inc written at the end of the company name. Certificate of organization is a legal document demand at the time of company formation. The Private Limited Company has to suffix limited or formation as the name is the reason of lid or inc written at the end of the company name.

Once a (PLC) Private Limited Company is formed, it is best to fulfill the basic requirements. In these, it is necessary to open a bank account within 60 days from the date of commencement of business. For companies, it is necessary to do certain transactions to keep the operations going without any hassle.

Starting a business is a journey filled with plans, decisions, and research. Right from finalizing the business idea to choosing the business entity, there are several options to choose from. Also, one of the most critical questions that you face while starting a new business is - How to select the correct business? The options include a sole proprietorship, partnership firm, limited liability partnership, company (public or private or one-person), etc. Further, with each option offering a unique set of pros and cons, decision-making is difficult. Hence, you must choose one that suits your business plan and helps grow your business with ease. In an earlier article, we spoke about factors that you need to consider before selecting a business entity with a focus on private limited companies. Today, we will talk about the pros and cons that each entity offers.

Starting a new business is an overwhelming process. The entrepreneur needs to make decisions about a lot of things. A successful business is not just about a good idea or an optimized process. The structure of the business, its legal identity, preparedness for future growth, and various other factors play a crucial role in its success. While a Pvt Ltd Company offers a wide range of benefits to businesses, there are many misconceptions that surround this entity. Today, we will bust five myths about a private limited company.

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A sole proprietorship cannot get all the benefits of an operation as it grows. Hence, proprietorship will need to be converted into a private limited company. This conversion can awaken a company's high capital, limited liability, and all similar benefits

As an old adage goes - the first impression is the last impression. While we won't call it the last, but the first impression undeniably creates a lasting impression. As a new business, the company name is the first thing a customer faces. Hence, it needs to be catchy, unique, and convey the right message. The company name is a legal title of an organization. The incorporation certificate is the birth certificate of the company. It reflects the company name, date of its incorporation and place of its origin. In this article, we will talk about some key points regarding applying for a company name.