https://www.taxtmi.com/acts?id=17663 Companies and various business entities may register under this Part as an unlimited company, a company limited by shares, or a company limited by guarantee, subject to statutory exceptions. Companies previously registered under the Indian Companies Acts of 1882, 1913 or 1956 are excluded. A company limited by shares must have permanent paid-up or nominal share capital divided into shares or stock and be constituted on the principle that its members are the holders of such shares or stock. Registration requires member assent at a general meeting; conversion to a limited company by a previously unlimited company requires at least three-fourths assent when present. en-us Sat, 02 Mar 2013 15:55:43 +0530 Wed, 24 Dec 2025 16:32:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=17663 Companies and various business entities may register under this Part as an unlimited company, a company limited by shares, or a company limited by guarantee, subject to statutory exceptions. Companies previously registered under the Indian Companies Acts of 1882, 1913 or 1956 are excluded. A company limited by shares must have permanent paid-up or nominal share capital divided into shares or stock and be constituted on the principle that its members are the holders of such shares or stock. Registration requires member assent at a general meeting; conversion to a limited company by a previously unlimited company requires at least three-fourths assent when present. Act-Rules Companies Law Sat, 02 Mar 2013 15:55:43 +0530 https://www.taxtmi.com/acts?id=17663