Exclusive Vacations Adds Pvt. Ltd. to its Name

JAIPUR, India - July 8, 2013 - PRLog -- In the league of the events of its success, Exclusive Vacations has crossed one more milestone in the path of its growth and success. It has not been a long time since its establishment, but it has soon achieved the status of reputed tour operating company and has become a Private Limited Company.

What it takes to Become a Private Limited Company?

A private limited company is a voluntary association comprising of at least two and at the most fifty members. Such a company has limited liability, the transfer of its shares is limited to its members and the general public is not allowed to subscribe to its shares and debentures. Some of the important features that describe a Private Limited company are:

A private limited company is an autonomous legal body. There are several legal formalities in the Indian Companies Act, 1956 for the establishment of a private limited company.

There are Registrars of Companies (ROC), in every state and Union Territory of India, who have been appointed under the Companies Act to fulfill the duty of registering companies in the respective states.

The liabilities of the members of a private limited company are limited.

The allotted shares are not freely transferable among the members of a Pvt. Ltd.

The existence of the company remains intact even if none of its member is alive or all of them leave it.

The advantages that Exclusive Vacations is enjoying and would enjoy after becoming a private limited company:

Increased level of credibility among domestic as well as international travelers

Less legal restrictions

Better competitive edge

Continuity of existence

Limited liability

Better chances to expand its market into new domestic as well as the international territories

About the Company

Exclusive Vacations is one of the best Indian tour operators that provides the travel packages to some of the most popular tourist destinations in India. The most prominent tour packages that it offers are different Rajasthan tour packages, and the Golden Triangle package, which covers the three Indian cities, Delhi, Agra, and Jaipur.

website : http://www.xclusivevacations.com