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Procedure to register a company?


05-Mar-2023 (In Corporate Law)

Resp. Sir, I found one Natya sanstha i.e. Drama company to perform drama. Now I am performing only 2 plays in theater on the name of my drama company. I want to open a bank account on the name of my Natya sanstha because all my deposits in some of theaters in Mumbai are pending & the theater authority can issue cheques only on the name of my Natya sanstha. But I have no aacount with a bank on the name of drama company. To open this type account with a bank required registered entity. So please guide me. And also tell me how do I registered my entity. Thank You!

Answers (3)

Answer #1
759 votes
In your case, I presume that - 1. you are alone managing the drama company and other artists are paid honorarium by you. 2. the other artists have no stake in the profits or losses of the company.
In such case, i think, getting a shop act license from the state authorities in the name of Natya Sanstha with your name as proprietor of it, would suffice your purpose. Then, you can open account in the name of the Sanstha and get cheques in its name. Pls. also get confirmation from your bank.
Answer #2
992 votes
We provide services in setting up of news businesses in an ethical manner in compliance with the laws of land. You can set up new entity like company or partnership firm or limited liability partnership (LLP) or One Man Company or Sole Proprietorship as per your business plans. We can render you appropriate legal advisory services for starting up your new business. But, Company as a vehicle of business continues to be one of the most successful form of business entities throughout the world. Almost all the big business entities are “Companies” incorporated under the applicable laws. In India, the Companies Act, 2013 governs the incorporation and management of Companies.

We can help you to establish your new business like incorporation of new business entity, obtaining all regulatory approvals viz.: PAN Card, Tan, Service Tax Registration and opening of new Bank Account in the NEW NAME of your Natya sanstha i.e. Drama company . But for this, you need to inform us your business plans so that we can help you as per your business objectives

Thanks & Regards
Answer #3
856 votes
You have not clarified the entity you wish to incorporate i.e whether it is proprietory, partnership, LL P, Pvt Ltd or Public Limited or Co-op Society. It is therefore not possible to answer your question. However if you want to register partnership firm the authority is Registrar of Firms, For Companies, LLP, it is ROC i.e registrar of companies, for co-op societies it is registrar / sub registrar of Co-op Societies.

Now get your company registration done by an experienced chartered accountants at affordable cost with LawRato's Company Registration Service.

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