Shella Consultants Business Solutions
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Shella Consultants is a leading organization providing professional chartered accountant services related to accounting, auditing, accounts outsourcing, financial services, company law matters etc.

Shella Consultants Business Solutions


Shella Consultants Business Solutions

Shella Consultants Business Solutions


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Company Formation Services

Company Formation Services
A company is an association or group formed for the purpose of doing business having a distinct name and limited liability. It is a juristic person having a separate legal entity distinct from the members who constitute it, capable of rights and duties of its own and endowed with the potential of perpetual succession. As per the Companies Act, 1956, ‘company’ includes company formed or registered under the Act or an existing company registered under any of the previous company laws. Company is a 'juristic person' and can file a suit as an 'indigent person'. It can be represented before a ‘Court of law” or any other place by a person competent to represent it. The person competent to represent a company presents the application on behalf of the company.

We offer our clients, Company Formation Services that include services related to the formation of the company. Considering company a legal entity for the running of business operations, we provide best solutions for the utmost satisfaction of our clients. The company is managed by directors who are elected representatives of its members.

Characteristics of Company:
A company registered under the Companies Act has the following features:
Companies under the Companies Act, 1956 may be classified on various grounds as under:
Grounds to be classified Type of Company
On the basis of business activities undertaken
  • Manufacturing Activities
  • Service Activities
  • Non-Banking Finance Activities
  • Non-profit making (Section-25)
  • Producer (Section 581 A)
On the basis of liabilities of the members and directors
  • With Limited liability
    1.Limited By shares
    2.Limited by Guarantee & having share capital
    3.Limited by Guarantee.
  • With unlimited liability
On the basis of membership pattern/size
  • Public
    1.Unlisted
    2.Listed
  • Private
    1.Independent
    2..Subsidiary of Public Co.
  • Government
On the basis of place of registration:
  • Indian Company (Incorporated in India)
  • Foreign Company (Company incorporated outside India but having place of business in India)
On the basis of control over the management
  • Subsidiary Company
  • Holding Company

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