Advertisements
Advertisements
Question
Name the stages in the formation of a company.
Advertisements
Solution
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.
(b) Incorporation: 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.
APPEARS IN
RELATED QUESTIONS
Multiple Choice Question:
A proposed name of the Company is considered undesirable if
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:
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:
____________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.
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 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.
ROC issues CIN only to certain companies.
State whether the following statement is True or False.
All companies need Certificate of Incorporation.
Find the odd one.
Complete the sentence.
Promoters are the persons who undertake the process of _______.
Complete the sentence.
On incorporation of a company, the ROC allots a unique identity number called as ______.
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.
Answer in brief.
State the contents of Certificate of Incorporation
