हिंदी

Discuss the stages of formation of a company.

Advertisements
Advertisements

प्रश्न

Discuss the stages of the formation of a company.

टिप्पणी लिखिए
Advertisements

उत्तर

The following are stages of formation of a company:
a. Promotion of the company: The stage of promotion refers to the process of discovering the idea of the formation of a company and developing it into a concrete form. The stage starts when an individual or a group of individuals discovers an idea for a business that has the potential to be converted into a successful business opportunity.
b. Incorporation of the company as a separate legal entity: The stage of incorporation consists of applying for and obtaining the certificate of incorporation after which the company becomes a valid entity in the eyes of the law.
c. Subscription of capital in the form of shares and debentures: The stage of capital subscription involves raising capital from the public through the subscription of shares.
d. Commencement of business after the completion of the formalities mentioned above: This stage consists of the completion of the formalities and commencement of business by the company.

shaalaa.com
Formation of a Company
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 7: Formation of a Company - Long Answers [पृष्ठ १८०]

APPEARS IN

एनसीईआरटी Business Studies [English] Class 11
अध्याय 7 Formation of a Company
Long Answers | Q 6 | पृष्ठ १८०

संबंधित प्रश्न

Multiple Choice Question:

A prospectus is issued by


True/False Answer Question:

Statement in lieu of prospectus can be filed by a public company going for a public issue.


True/False Answer Question:

'Articles of association' is the main document of a company.


Select the correct answer from the options given below and rewrite the statement:
____________has a 21 digit alpha numeric code which is unique number assigned to every company at the time of incorporation.


Select the correct answer from the options given below and rewrite the statement:
__________is a document which invites the public to buy the shares of a company. 


Write a word or a term or a phrase which can substitute the following statement.

Persons who undertake the necessary steps to set up a company.


To form a Public company, there must be minimum 2 persons/promoters.


State whether the following statement is True or False.

Promoters can make secret profits while setting up a company.


State whether the following statement is True or False.

DSC is needed by Directors when they have to sign documents for e-filing.


State whether the following statement is True or False.

A company can be registered even without submitting Memorandum of Association and Articles of Association.


State whether the following statement is True or False.

All companies need Certificate of Commencement of business.


Find the odd one.


Select the correct option form the given option:

Group A

Group B

RUN is used for

_______

Study the following case/situation and express your opinion.

 Mr. Talong with his 5 friends have submitted all the necessary documents for incorporation of TRIM private limited company.

a) How many minimum promoters are needed to incorporate a private company?

b) When can TRIM Private limited company be said to have come into existence.

c) Name the two most important documents that must be submitted at the time of the Incorporation of a company.


Study the following case/situation and express your opinion.

Sagar company limited got its Certificate of Incorporation on 1st Sept. 2018. The application for Incorporation was submitted on 16th Aug. 2018. There were 10 promoters who took the steps to incorporate the company.
  1. State the date on which Sagar company limited came into existence legally.
  2. On which date will the company get its Corporate Identity Number?
  3. How many minimum promoters are needed for incorporating a public company?

Answer in brief.

State the contents of Certificate of Incorporation


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×