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Name the stages in the formation of a company. - Business Studies

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प्रश्न

Name the stages in the formation of a company.

टीपा लिहा
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उत्तर

The formation of a company is a complex process which involves various stages. The following are the sequential stages.

(a) Promotion: This involves taking the initiative to form a company and promoting it.

(bIncorporation: This step involves the formation of the company as a separate legal entity.

(c) Subscription of capital: In this stage, funds are raised in the form of shares and debentures.

(d) Commencement of business: This stage implies the completion of the formalities and the commencement of business by the company.

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

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एनसीईआरटी Business Studies [English] Class 11
पाठ 7 Formation of a Company
Short Answers | Q 1 | पृष्ठ १८०

संबंधित प्रश्‍न

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


Multiple Choice Question:

A prospectus is issued by


True/False Answer Question:

Every company must file Articles of Association


Discuss the stages of the formation of a company.


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


Select the correct answer from the options given below and rewrite the statement:
A director must have a ________ to be appointed as a director of a company 


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.

The Birth Certificate of a company.


State whether the following statement is True or False.

Promoters are persons who take the necessary steps to set 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.

ROC issues CIN only to certain companies.


Find the odd one.


Complete the sentence.

Promoters are the persons who undertake the process of _______.


On behalf of a proposed company, preliminary contracts with third parties are entered by ______.


Select the correct option form the given option:

Group A

Group B

CIN

_______

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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