Friday, 9 February 2018

Company Registration in Tirupur

Company Registration in Tirupur

Shifting office for better business avenues 

Tirupur,Company registartion


The company passed a special resolution and applied  for its confirmation for altering its registered office clause to facilitate shifting of the office from the one particular place to another specified place.The company had complied with the requirements of regulation  36 of the CLB Regulations ,1991,as well as formalities prescribed by section 17 of the 1956 Act.The company gave an undertaking to two objecting creditors that their lawful claims would be paid in the normal course of business.To the  dismissed employee whose proceedings against the company were pending an assurance was given that the company would abide by the court orders.The objecting shareholder was overruled because he had voted for resolution and also had a very small number of shares.The CLB was not concerned with commercial wisdom of the shareholders in shifting the office of their company

Obstructions caused by host state

If the hopes and aspirations of a company to set up an industry in a particular state are frustrated by some action on the part of the state Government itself,the CLB  will not deny the right of the company  to shift its registered office to any other state which is willing to provide the necessary facilities. 

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