मराठी

Discuss the stages of formation of a company.

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प्रश्न

Discuss the stages of the formation of a company.

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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.

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Formation of a Company
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पाठ 7: Formation of a Company - Long Answers [पृष्ठ १८०]

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

संबंधित प्रश्‍न

Choose the correct option for the following
Minimum number of members to form a private company is


Multiple Choice Question:

A proposed name of the Company is considered undesirable if


Select the correct answer from the options given below and rewrite the statement:
A company is __________.


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

Term which refers to contracts entered into by Promoters with third parties on behalf of the proposed company;


State whether the following statement is True or False.

A company is an artificial person.


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.

In India, companies have to be incorporated as per the provisions of Companies Act, 2013.


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.

All companies need Certificate of Incorporation.


Find the odd one.


Complete the sentence.

The document issued by the Registrar of companies when a company is incorporated is called as _______.


Select the correct option form the given option:

Group A

Group B

Promoters

________


Select the correct option form the given option:

Group A

Group B

___________

Certificate of incorporation


Select the correct option form the given option:

Group A

Group B

CIN

_______

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. Ram, Mr. Sam, and Mr. Tom who are partners have come together to convert their business into a company. They have finalized all the details about the business they want to do, capital needed, etc. However, they do not know how to proceed with the legal formalities. Hence they appoint Mr. Shah who is a Practicing Company Secretary to help them prepare documents needed for incorporating the proposed company.

  1. Can Mr. Ram, Mr. Sam, and Mr. Tom convert their partnership firm into a company?
  2. Name 2 most important documents needed to incorporate a company.
  3. Will Mr. Shah be considered as a Promoter of the Company? Why?

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


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