Our legal services include startup formation and incorporation, licensing, annual return filings, IPR enforcement, and legal consultancy.
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The advantages of a private limited company include limited liability for owners, transferable shares, a perpetual succession of the company after the death or departure of the shareholders, separation between ownership and management, and legal and financial identity of the business separate from its owners.
To reserve the name of a private limited company, you can file the RUN application or PART-A of the SPICe+ application. In the RUN application, you shall receive a chance to propose two names in the application, with two subsequent chances of resubmission. However, if you choose to apply through PART-A of the SPICe+ application, you shall receive a chance of proposing two names in the application, with only one chance of resubmission. If the names proposed are validated by the Registrar, it shall be reserved as the name of your company. However, if the names proposed are invalidated, your application shall get rejected by the registrar, and you will have to file a fresh application, with new names proposed and a fresh application fee. Note that you are not required to submit any application fee for the resubmitted forms. The application fee for both RUN and PART-A are Rs.1000 respectively.
The application fee prescribed for a DSC varies differently for different states of India. The fee also depends on the Class of DSC and the duration of validity for which the application has been filed. However, estimates suggest that the application cost usually ranges between Rs.1500 – Rs.13000 across all Indian states.