Professional Documents
Culture Documents
Formation of A Company
Formation of A Company
Formation of A Company
COMPANY
PRESENTED BY:
KANIKA GUPTA (4326)
SHEVANI GUPTA(4343)
MALIKA (4381)
PRESENTED TO:
COMPANY:-
Is an Artificial Person created by Law.
Company means an assocoation of many persons
who contribute money or money`s worth to a
common stock and employed for a common
purpose.The common stock so contributed is
denote in money and is capital of a company.The
person who contribute it or to whom it belongs are
members.The proportion of capital to which each
member is entitled is his share. Share are always
transferable although the right to transfer is often
more or less restricted.
FORMATION OF
COMPANY…
STEPS INVOVED:-
Promotion
Incorporation
Raising of Capital
STATEMENT OF CAPITAL
STATUTORY DECLARATION
REGISTRATION AND INCORPORATION OF A
COMPANY:
The second stage for establishment of a company
is to get the company incorporated or registered.
The promoters have to prepare and file a number of
documents with the registrar.
1-The memorandum of association signed by at least
seven persons
2-The articles of association signed by at least seven
persons
3-Promoters have to file a prospectus or statement in lieu
of prospectus with the registrar.
4-A list of directors and their willingness to act, duly
signed by each of them.
5-Notice of address at which the registered office of the
company will be situated.
All the director whose names are in the list have to
submit a declaration certificate that they have
taken up qualifying shares and have paid up the
money.
MEMORANDUM OF ASSOCIATION
Father‟s name; or