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Question
Select the correct answer from the options given below and rewrite the statement:
___________ are the persons who undertake the process of formation of a company.
Options
Promoters
Directors
Registrar of companies
Advertisements
Solution
Promoters are the persons who undertake the process of formation of a company.
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Persons who undertake the necessary steps to set up a company.
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Promoters can make secret profits while setting up a company.
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Every Director has to quote his DIN while giving his consent to be a Director of a company.
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All companies need Certificate of Commencement of business.
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On incorporation of a company, the ROC allots a unique identity number called as ______.
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.
