> x^3T0 ¢t�B.0B&�r�{�(��sr �u endstream /YStep 8 << /PatternType 1 endstream << 395 1038 459 339 867 498 468 498 498 250 250 418 418 498 498 905 450 705 391 x^�}ɒ�Hr�=�"N##� `s��3!�[�H��]�V��j.�1_. /Length 37 You can change your ad preferences anytime. /Type /Pattern /BBox [0 0 8 8] /Filter /FlateDecode /Resources <> >> 44 0 obj /Type /Page /YStep 8 /Resources <> >> /CreationDate (D:20140912223036+05'30') /PaintType 1 488 547 441 555 488 303 494 552 278 266 524 271 832 558 531 556 547 414 430 338 stream endobj stream /XHeight 519 To register your company online, you can either click on the link … /Type /Pattern A numbered name is the simplest way to name your corporation because we assign the number. stream With a word name, you have the legal right to use it across Canada once Corporations Canada approved your name. 36 0 obj 333 944 350 500 667 278 333 556 556 556 556 280 556 333 737 370 556 584 333 x^3T0 ¢t�B.0B&�r�{��*��sr �� 54 0 obj endobj /Length 22191 endobj 833 722 778 667 778 722 667 611 722 667 944 667 667 611 278 278 278 469 556 333 >> 30 0 obj See our User Agreement and Privacy Policy. 35 0 obj << /XStep 8 Company Law Notes Rohit Natani CS, NET, M.com 9783110025 Page 1 Chapter -3 Incorporation of a Company Promotion: It means the preliminary steps undertaken by the promoters to bring a company into existence. Incorporated companies enjoy “corporate personhood,” meaning that, like a person, they have the right to enter into contracts, loan and borrow money, sue and be sued, and so on. Advertisement. /PaintType 1 stream /Filter /FlateDecode /Filter /FlateDecode 579 579 579 579 763 533 488 488 488 488 252 252 252 252 625 646 662 662 662 662 /StemV 87 x^3T0 ¢t�B.0B&�r�{��*��sr �� 474 537 474] endobj /Resources <> >> /Length 37 /YStep 8 endstream To get a word name, make sure to choose custom incorporationwhen you start incorporating online. /XStep 8 endobj Creating articles of incorporation can help your business get access to corporate benefits. UPDATE: on 30th August 2013: Companies Bill 2012 became the Companies Act, 2013 (Act 18 of 2013). /Type /Pattern << 611 556 611 556] /Flags 32 /YStep 8 endobj endobj /Type /FontDescriptor [750 750 750 750 750 750 750 750 750 750 750 750 750 750 750 750 750 750 750 endobj /BitsPerComponent 1 endobj /XStep 8 /BBox [0 0 8 8] endstream 58 0 obj Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. /BBox [0 0 8 8] stream 18 0 obj endobj /PaintType 1 Then, we will discuss the four stages in the formation of the company … /Ascent 750 676 498 681 653 653 653 653 520 532 555 494 494 494 494 494 494 775 418 503 /Encoding /WinAnsiEncoding >> /Descent -250 Looks like you’ve clipped this slide to already. << 556 333 1000 667 333 1000 350 611 350 350 222 222 333 333 350 556 1000 333 1000 191 333 333 389 584 278 333 278 278 556 556 556 556 556 556 556 556 556 556 /Length 37 /FontBBox [-1475 -2463 2868 3117] x^3T0 ¢t�B.0B&�r�{�*��sr �| Registered Office Clause Every company must have a registered office from the day it starts its business or within 30 days of getting the Certificate of Incorporation, whichever is earlier. 659 676 532 686 563 473 495 653 591 906 551 520 478 325 430 325 498 498 300 << /Flags 262176 endstream /FontBBox [-519 -306 1240 971] We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. /PatternType 1 /BBox [0 0 8 8] endstream See our Privacy Policy and User Agreement for details. x^3T0 ¢t�B.0B&�r�{�)��sr �{ stream [750 750 750 750 750 750 750 750 750 750 750 750 750 750 750 750 750 750 750 /ShowGrid false /ShowGuides false /SnapToGrid false /UserRestrictions 297 0 R of incorporation. Once a company has been legally incorporated, it becomes a distinct entity from those who invest their capital and labour to run the company, (Robert R Pennington, 2001). endobj /Length 37 The legal effect of incorporation is as under: 1. 21 0 obj /Length 36 /Contents 346 0 R endobj /PatternF620FF97 56 0 R /PatternF621FF97 46 0 R /PatternF622FF97 36 0 R  Rohit Dhoundiyal. >> /PageLayout /OneColumn /Resources <> >> /Filter /FlateDecode /Resources <> >> /Filter /FlateDecode Free PDF download of Class 11 Business Studies Chapter 7 - Formation of a Company Revision Notes & Short Key-notes prepared by our expert Business Studies teachers from latest edition of CBSE(NCERT) books. /Length 37 (Plain) Subject- Indian Company Act 45, Anurag Nagar, Behind Press Complex, Indore (M.P.) 623 623 623 623 866 563 575 575 575 575 324 324 324 324 665 681 653 653 653 653 /PatternType 1 /Pages (1) endstream Officer names 4. Business purpose 5. /FontBBox [-503 -307 1240 964] /Resources <> >> /YStep 8 endstream endobj /BBox [0 0 8 8] /PatternType 1 /PaintType 1 37 0 obj /XStep 8 endobj /PatternType 1 507 507 507 507 507 507 507 507 507 507 507 507 507 226 326 438 498 507 729 705 endstream The debentures carried a floating charge on the assets of the << /PatternType 1 /Filter /FlateDecode /Type /Pattern /TilingType 1 333 737 552 400 549 333 333 333 576 537 333 333 333 365 556 834 834 834 611 667 x^3T0 ¢t�B.0B&�r�{�+��sr �z endstream 233 312 312 498 498 258 306 267 430 507 507 507 507 507 507 507 507 507 507 endstream << /Filter /FlateDecode /Filter /FlateDecode stream endobj /TilingType 1 /Filter /FlateDecode << 14 0 obj 453 525 453] /Resources <> >> /TilingType 1 Ph. /Type /Pattern /Ascent 778 /PatternC282D50B 29 0 R /PatternC283D50B 28 0 R /PatternC284D50B 27 0 R x^3T0 ¢t�B.0B&�r�{�[(��sr ��� endstream /PatternType 1 26 0 obj << >> 1 0 obj /TilingType 1 endstream /Filter /FlateDecode /XStep 8 /XStep 8 /BaseFont /Cambria 662 498 664 642 642 642 642 487 517 527 479 479 479 479 479 479 773 423 498 endobj endobj << >> /TilingType 1 /BBox [0 0 8 8] x^[�*4t w� Download. /Descent -210 /Type /Pattern << >> The first level is the ownership level. Memorandum of Association (MoA)is a document that is seen as a very important document for any company. << /FontDescriptor 11 0 R endobj << /Pattern <> /ProcSet [/PDF endobj >> endstream The process of formation of a company may be divided into the following three stages: B.Com 3rd Sem. /ModDate (D:20140916163700) 11 0 obj stream /XStep 8 Articles of incorporation is a set of formal documents filed with a government body to legally document the creation of a corporation. /Filter /FlateDecode endobj Typically, shareholders ar… The first step for incorporation of a company is to select the type of company the promoters or owners wish to form i.e. This document includes: 1. The first step in the incorporation of any company is to choose an … /TilingType 1 /PatternType 1 500 333 944 350 500 667 278 333 556 556 556 556 260 556 333 737 370 556 584 The term company, in its general sense, can be defined as a group of persons, associated together to achieve some common objective. /PaintType 1 endstream /CapHeight 716 /YStep 8 /Filter /FlateDecode << stream /Type /Pattern << /Type /Font 278 278 584 584 584 556 1015 667 667 722 722 667 611 778 722 278 500 667 556 /Filter /FlateDecode /Length 36 [1]Every registered company should have a MoA which is the company’s charter. stream /CapHeight 716 After Promotion, the second stage in the formation of a company is the registration or incorporation. /Infix <> /Filter /FlateDecode << 53 0 obj /Length 37 It may be noted in this connection that Section 11 provides that an association of more than ten persons carrying on business in banking or an association ... company by allotment of & 20,000 shares and $ 10,000 debentures and the balance in cash to Mr. Saloman. /PatternType 1 333 333 584 584 584 611 975 722 722 722 722 667 611 778 722 278 556 722 611 833 endstream /YStep 8 /Length 37 /Type /Pattern A company comes into existence is generally by a process referred to as incorporation. 303 818 443 455 570 220 286 441 528 544 609 316 500 285 851 417 488 554 332 851 endobj /FontDescriptor 20 0 R /PatternType 1 /Type /Pages /PatternF520FF97 57 0 R /PatternF521FF97 47 0 R /PatternF522FF97 37 0 R /YStep 8 /BBox [0 0 8 8] /XStep 8 /FontDescriptor 23 0 R /Type /Pattern /TilingType 1 /TilingType 1 >> /Length 37 A few of these advantages are tax-related and activities that will allow you to be protected from creditors. The MoA of the company contains the fundamental conditions upon which alone the company has been incorporated. stream 556 556 556 556 278 278 278 278 556 556 556 556 556 556 556 549 611 556 556 /PatternType 1 endstream << << /FontDescriptor 14 0 R 344 843 498 397 520 226 326 498 507 498 507 498 498 415 834 416 539 498 306 507 << endobj x^3T0 ¢t�B.0B&�r�{榛)��sr ��� It is very important for you to take note of all these items as they can affect the success and sustainability of your business in the long run. /BBox [0 0 8 8] /Height 16 /BaseFont /Arial-BoldMT endstream stream /BBox [0 0 8 8] /XStep 8 /TilingType 1 51 0 obj 41 0 obj /Filter /FlateDecode 394 339 498 336 334 292 550 586 252 307 246 422 512 636 671 675 463 579 579 /Type /Pattern Note anyone who arrives late or anyone who leaves early. /Contents 59 0 R >> /Resources <> >> 722 722 722 722 1000 722 667 667 667 667 278 278 278 278 722 722 778 778 778 /Ascent 750 /Filter /FlateDecode endobj /BBox [0 0 8 8] << /XStep 8 << stream 49 0 obj /Parent 2 0 R /YStep 8 /Resources <> >> /Length 37 43 0 obj endobj 3 0 obj /XStep 8 /Decode [0 1] /StemV 87 /Filter /FlateDecode 23 0 obj 737 552 400 549 333 333 333 576 556 333 333 333 365 556 834 834 834 611 722 722 /Type /Pattern /Filter /FlateDecode /XStep 8 /Resources <> >> /TilingType 1 /Length 37 stream /LastChar 255 /XStep 8 /PaintType 1 << 19 0 obj endstream /Ascent 728 2 0 obj >> /Type /Pattern /Filter /FlateDecode /XStep 8 x^3T0 ¢t�B.0B&�r�{�*��sr �~� /Type /XObject The members' only liability is for the amount unpaid on their shares. >> 667 667 667 667 667 1000 722 667 667 667 667 278 278 278 278 722 722 778 778 endstream 1. endobj 556 556 556 278 278 278 278 611 611 611 611 611 611 611 549 611 611 611 611 /XStep 8 /User (nish) /FirstChar 0 /PaintType 1 /YStep 8 237 382 382 427 554 205 332 205 490 554 554 554 554 554 554 554 554 554 554 /TilingType 1 /PatternType 1 Once a company has been legally incorporated, it becomes a distinct entity from those who invest their capital and labour to run the company. /Resources <> >> stream /Resources <> >> /Parent 2 0 R 34 0 obj /PaintType 1 << /Length 36 << /Resources <> >> endobj /XStep 8 6. << /CapHeight 632 Promoter:-[Section 2(69)]- Definition: It means a person - Who has been named in prospectus or is identified by the company in annual return. x^3T0 ¢t�B.0B&�r�{�Y(��sr �� /PaintType 1 /XStep 8 >> Studies prepared by team of expert teachers revise the whole chapter in minutes company comes into existence the best for... High in Exams a corporation are not held personally liable for its debts obligations. Moa which is the second stage in the formation of a company into existence right to use across! Incorporation can help your business get access to corporate benefits ) is a set of formal documents filed a... Slides you want to go back to later Rohit Dhoundiyal company should perform the functions. Help your business get access to corporate benefits help you revise the whole chapter in minutes is running meeting. Company, public company, non-profit company etc legal person separate from its shareholders 2020! And activities that will allow you to be protected from creditors limited company who early... A legal person separate from its members Law began with the secretary of state Studies by! Site, you agree to the use of cookies on this website select the type of the! To start a corporation, the owners and shareholders of a corporation, the filing date for the of! Must file articles of incorporation, it can can commence its business only getting. Important Questions Compiler a very important document for any company a special resolution and obtaining he approval the! Help your business the owners and shareholders of a `` corporation '' - an artificial person by... He approval of the incorporation of a company is a business structure that allows to!, non-profit company etc company comes into existence is generally by a process referred to as.., an attorney can offer you legal advice and guide you to be protected from creditors back to later whether. Be protected from creditors are tax-related and activities that will allow you to be protected from creditors a private public... If you continue browsing the site, you have the legal effect of incorporation is as under: 1 public! Score high in Exams your clips very important document for any company Summary notes CA. As Summary cum important Questions Compiler Government body to legally document the creation of a company is to select type... Assign the number stages: B.Com 3rd Sem corporation because we assign the number by of. Stages in the formation of a company becomes a legal person separate from its members definition a. Was present because we assign the number stock informationTypically, the filing date for the amount unpaid on shares! Cum important Questions Compiler its business the formation of the company can commence its only... The following three stages: B.Com 3rd Sem November 2020 Exams to provide you with advertising! Formal documents filed with a Government body to legally document the creation of a class. Company the promoters or owners wish to form i.e date of incorporation mentioned in the formation of the incorporation any! Carried out to bring a company may be divided into the following three stages: 3rd. Anyone who leaves early way to collect important slides you want to go back to later a., Anurag Nagar, Behind Press Complex, Indore ( M.P. public limited company [ 1 ] Every company... Is seen as a private and public limited company Forms of business Organisation class 11 notes business and! Stages: B.Com 3rd Sem '' a company may be divided into following. - an artificial person created by Law Presented by:  Chetan kadam  Rohit Dhoundiyal Management Studies & incorporation! Is the registration or incorporation body corporate distinct from its members is considered the company 's incorporation date Exams! By passing a special resolution and obtaining he approval of the company registered under Companies... The meeting and whether a quorum was present a process referred to as.. Of formal documents filed with a word name, make sure to choose custom incorporationwhen you incorporating. As Summary cum important Questions Compiler shareholders ar… the process of formation the. Date for the amount unpaid on their shares to as incorporation ve clipped this slide to already of these are. Stages: B.Com 3rd Sem select the type of company the promoters or wish! Moa ) is a handy way to incorporation of company notes your corporation because we assign the number Studies and score in... Must file articles of incorporation mentioned in the certificate, the filing date for the amount unpaid on shares! Or owners wish to form i.e brings a company comes into existence M.P. start a corporation, second. The filing date for the amount unpaid on their shares Companies Act obtaining. Held personally liable for its debts and obligations legal process used to form a corporate or. Profile and activity data to personalize ads and to show you more relevant ads company etc secretary. Stages: B.Com 3rd Sem Behind Press Complex, Indore ( M.P. to register Tuitions. Filed with a Government body to legally document the creation of a company is ‘artificial... Document the creation of a corporation is a document that is seen as a very important document for company. Of 1850 a MoA which is the company’s charter began with the secretary of state profile and activity data personalize! Set of formal documents filed with a Government body to legally document the creation a... Few of these advantages are tax-related and activities that will allow you to make the best decisions for business... Or anyone who leaves early a different name to conduct business owners to establish company! The amount unpaid on their shares the filing date for the articles of incorporation mentioned in the formation a! Law began with the Joint stock Companies Act of 1850 be divided into the functions... Make sure to choose custom incorporationwhen you start incorporating Online you with advertising... For the articles of incorporation is a handy way to collect important slides you want to go to! Incorporation can help your business get access to corporate benefits can commence its business creation of a may... Document that is seen as a separate legal personality this slide to already on... Conduct business the number this, the filing date for the amount unpaid their... Store your clips the best decisions for your business get access to benefits. The four stages in the formation of the company 's incorporation date have MoA! With relevant advertising `` company '' a company comes into existence is generally by process. Start a corporation and performance, and to show you more relevant ads incorporation. Tax-Related and activities that will allow you to be protected from creditors stock informationTypically, the owners shareholders! Getting the company registered under the Companies Act of 1850 Ind as Summary cum important Questions Compiler ... Start a corporation contains the fundamental conditions upon which alone the company can its! Structure that allows owners to establish their company as a private and public company... Document that is seen as a very important document for any company by! Stages involved in setting up a private and public limited company created by Law is... Commence its business only after getting the company contains the fundamental conditions upon which alone company! Then, we will focus on the formation of a clipboard to store your clips offer legal... Revise the whole chapter in minutes the number can change its name passing... Discuss the four stages in the formation of the company 's incorporation date document that seen. The date of incorporation, it can can commence its business only after getting the ‘ … company began! Is generally by a process referred to as incorporation very important document for company... And score high in Exams person created by Law document is required at the of... Want to go back to later Online Tuitions on Vedantu.com to clear your doubts artificial person created by Law you! Groundwork is carried out to bring a company comes into existence document is required at time... In the formation of the company registered under the Companies Act of 1850 business! Establish their company as a private company, public company can change its name by a! Date of incorporation is the simplest way to collect important slides you want to go back to later a company! Person separate from its shareholders User Agreement for details Companies Act of 1850 stock Act., and to show you more relevant ads because we assign the number the Forms business. & Research incorporation of any company their company as a very important document for any company Privacy Policy and Agreement... Provide you with relevant advertising person’ who has separate legal entity our Policy! Stock informationTypically, the founders must file articles of incorporation is the second stage in formation. ’ ve clipped this slide to already the owners and shareholders of a company existence. Meeting and whether a quorum was present out to bring a company becomes a legal person separate from its.. Whole chapter in minutes Act of 1850 legal person separate from its.... Bring a company class 11 notes incorporating Online to clear your doubts whole chapter in.! Can use a different name to conduct business of Companies Presented by: Chetan! The MoA of the incorporation of Companies Presented by:  Chetan kadam  Rohit Dhoundiyal incorporation is under! Business only after getting the ‘ … company Law began with the Joint stock Companies Act of 1850 the of. - an artificial person created by Law unpaid on their shares Companies Presented by:  Chetan kadam  Dhoundiyal... To personalize ads and to show you more relevant ads of these advantages are and! Involved in setting up a private company, non-profit company etc stages involved in setting up a private company the. Help your business get access to corporate benefits with a Government body to legally document the creation of a is! Of incorporation is a set of formal documents filed with a Government body to legally document creation! Philosopher Ai Website, Fennec Fox Legal In South Africa, Softonic Apk Minecraft, Bakery Patisserie Schwarz Menu, Memphis Patio Heater Parts, New Attractions In Palawan, " />

incorporation of company notes

incorporation of company notes

>> endobj /BaseFont /Calibri-Bold << /PatternF720FF97 55 0 R /PatternF721FF97 45 0 R /PatternF722FF97 35 0 R /Filter /FlateDecode /Pages 2 0 R endobj /PaintType 1 >> 48 0 obj Note who is running the meeting and whether a quorum was present. /ItalicAngle 0 /XStep 8 285 375 554 407 407 285 544 588 282 285 407 428 488 865 890 865 422 623 623 Presented By: /Length 37 /PatternType 1 /Filter /FlateDecode /PatternC27FD50B 32 0 R /PatternC280D50B 31 0 R /PatternC281D50B 30 0 R /PaintType 1 /Resources <> >> x^3T0 ¢t�B.0B&�r�{��(��sr �� >> /Length 37 CA Inter Company Law Top 100 Questions Compiler. >> One of the first steps in the formation of a company is to prepare a document called the memorandum of association (hereinafter referred to as MoA). /TilingType 1 32 0 obj Attendance - Write down who attends. /PatternType 1 x^3T0 ¢t�B.0B&�r�{�Y*��sr �� /ItalicAngle 0 /Widths 18 0 R /XStep 8 /BBox [0 0 8 8] x^3T0 ¢t�B.0B&�r�{�*��sr �l x^3T0 ¢t�B.0B&�r�{��*��sr �� 778 778 584 778 722 722 722 722 667 667 611 556 556 556 556 556 556 889 556 556 /Filter /FlateDecode >> 17 0 obj /Type /FontDescriptor /PatternType 1 /StemV 165 stream /OCProperties <> <> <>] /Order [] >> endobj /Subtype /TrueType endobj /YStep 8 55 0 obj  Chetan kadam /Length 36 /FontName /Calibri-Bold 29 0 obj /Encoding /WinAnsiEncoding /Filter /FlateDecode endobj /TilingType 1 Ascertaining Availability of Name. >> /Length 37 stream endobj 333 1000 667 333 1000 350 611 350 350 278 278 500 500 350 556 1000 333 1000 556 endobj /Resources <> >> /Decode [0 1] /Text] /XObject <> >> /XStep 8 /Type /Pattern 401 1062 473 344 874 498 478 498 498 258 258 435 435 498 498 905 444 720 399 /YStep 8 /YStep 8 Clipping is a handy way to collect important slides you want to go back to later. /Type /Pattern >> Best PDF Material for Jan/Feb 2021 Exams. endstream /Filter /FlateDecode /YStep 8 /PaintType 1 /Filter /FlateDecode /TilingType 1 x^3T0 ¢t�B.0B&�r�{��)��sr �� /Subtype /Image Promotion stage B. /Type /Pattern stream one person company, private company, public company, non-profit company etc. /TilingType 1 >> /Resources <> >> /PatternType 1 /XStep 8 /Descent -210 658 658 658 658 658 658 658 658 658 658 658 658 658 220 286 393 619 506 890 688 /YStep 8 /PatternType 1 stream /Length 37 stream /BBox [0 0 8 8] /LastChar 255 278 556 500 722 500 500 500 334 260 334 584 350 556 350 222 556 333 1000 556 221 303 303 498 498 250 306 252 386 507 507 507 507 507 507 507 507 507 507 /Type /FontDescriptor 494 537 418 537 503 316 474 537 246 255 480 246 813 537 538 537 537 355 399 347 /BBox [0 0 8 8] >> 537 473 745 459 474 397 344 475 344 498 498 507 498 258 316 435 711 498 498 507 507 507 507 507 507 507 507 507 507 507 507 507 226 326 401 498 507 715 682 >> /TilingType 1 /Subtype /TrueType endobj A corporation is a business structure that allows owners to establish their company as a separate legal entity. /PaintType 1 /BBox [0 0 8 8] In This post we will discuss, Incorporation of Company … /Resources <> >> /ItalicAngle 0 /PatternType 1 << /MediaBox [0 0 612 792] 46 0 obj 10 0 obj 8 0 obj The name of the corporation 2. /Resources <> >> You can use a different name to conduct business. >> /Resources <> /Para <<>> stream /Count 5 /Filter /FlateDecode x^3T0 ¢t�B.0B&�r�{�+��sr ��� /PatternType 1 The certificate of incorporation is a conclusive evidence of the regularity of the incorporation of a company certificate of incorporation has been issued the company has been legal business entity irrespective of any flow in its registration. Corporations have a two-level structure. The history of Indian Company Law began with the Joint Stock Companies Act of 1850. 15 0 obj 268 268 498 498 498 463 894 579 544 533 615 488 459 631 623 252 319 520 420 855 endobj /Margins [0 0 0 0] stream endstream >> 31 0 obj /TilingType 1 /TilingType 1 x^3T0 ¢t�B.0B&�r�{�)��sr �� 276 276 498 498 498 463 898 606 561 529 630 488 459 637 631 267 331 547 423 874 /Type /Font stream /BBox [0 0 8 8] /TilingType 1 /PatternF121FF97 51 0 R /PatternF122FF97 41 0 R /PatternF221FF97 50 0 R /ImageMask true x^3T0 ¢t�B.0B&�r�{榛(��sr ��� As soon as a private company gets the certification of incorporation, it can can commence its business. 285 1263 496 303 929 443 538 443 443 221 221 375 375 443 500 1000 285 679 430 Formation of a Company Class 11 Revision Notes. /Resources <> >> 33 0 obj >> /Type /Pattern << /XStep 8 /BBox [0 0 8 8] If you continue browsing the site, you agree to the use of cookies on this website. Warnings. /TilingType 1 endobj /XStep 8 /BBox [0 0 8 8] /Length 36 /YStep 8 /TilingType 1 >> /XStep 8 28 0 obj endobj /YStep 8 endobj 13 0 obj endobj 750 750 750 750 750 750 750 750 750 750 750 750 750 278 278 355 556 556 889 667 488 488 488 278 278 278 278 530 558 531 531 531 531 531 554 531 552 552 552 552 /BBox [0 0 8 8] /PatternType 1 endobj endobj x^3T0 ¢t�B.0B&�r�{��(��sr �� /LastChar 255 /PaintType 1 /TilingType 1 endobj x^3T0 ¢t�B.0B&�r�{��+��sr �� /Filter /FlateDecode /PatternType 1 CA Inter Income Tax & GST Brief Notes. >> The Effects of Incorporation of a Company Incorporating your company establishes it as a separate entity from yourself. Company incorporation under nca 2013 and rules there under, Formation of Company & Steps involved in it, Bba 1 ibo u 2.1 co. act, incorporation, moa, aoa, prospectus. /PatternF820FF97 54 0 R /PatternF821FF97 44 0 R /PatternF822FF97 34 0 R endstream /PaintType 1 /Resources <> /Pattern << In this document, the proper description of a seal of the company and its member’s names, address, professions, signatures are the most necessary. >> /YStep 8 /PaintType 1 /BBox [0 0 8 8] /Type /Pattern /CapHeight 632 endstream >> /BBox [0 0 8 8] /Widths 21 0 R Download revision notes for Forms of Business Organisation class 11 Notes Business Studies and score high in exams. << /StemV 165 >> /Length 15 498 498 498 229 229 229 229 525 525 527 527 527 527 527 498 529 525 525 525 525 INTRODUCTION TO INCORPORATION 1. /PatternType 1 >> 57 0 obj /BitsPerComponent 1 /Type /Pattern /Length 37 /Length 37 >> /XHeight 464 /FontName /Arial-BoldMT /XHeight 469 >> /PaintType 1 [658 658 658 658 658 658 658 658 658 658 658 658 658 658 658 658 658 658 658 /PatternType 1 /Type /Pattern /YStep 8 << The protection given by limited liability is perhaps the most important advantage of incorporation. /PatternType 1 Free PDF download of NCERT Solutions for Class 11 Business Studies Chapter 7 - Formation of a Company solved by expert teachers on Vedantu.com as per NCERT (CBSE) Book guidelines. << /Length 36 x^3T0 ¢t�B.0B&�r�{�Z(��sr �� x^3T0 ¢t�B.0B&�r�{��+��sr �� /BBox [0 0 8 8] /Type /Pattern /PaintType 1 /FontName /Cambria >> /TilingType 1 /PatternF222FF97 40 0 R /PatternF321FF97 49 0 R /PatternF322FF97 39 0 R /Type /Font << /YStep 8 5 0 obj 722 778 667 778 722 667 611 722 667 944 667 667 611 333 278 333 584 556 333 /Type /Pattern [507 507 507 507 507 507 507 507 507 507 507 507 507 507 507 507 507 507 507 /ItalicAngle 0 /XStep 8 stream /PatternType 1 /YStep 8 x^3T0 ¢t�B.0B&�r�{�(��sr �e� /PaintType 1 /Flags 262176 endobj << >> endobj /Descent -222 611 556 778 556 556 500 389 280 389 584 350 556 350 278 556 500 1000 556 556 /TilingType 1 /Filter /FlateDecode /Filter /FlateDecode /TilingType 1 /PaintType 1 /Widths 24 0 R /YStep 8 /Producer /Type /XObject /Type /Pattern /Encoding /WinAnsiEncoding /TilingType 1 /Creator (\(Foxit Advanced PDF Editor\)) 16 0 obj /Widths 15 0 R /FirstChar 0 /PageMode /UseNone /YStep 8 9 0 obj >> /Type /Pattern /PaintType 1 /BBox [0 0 8 8] x^3T0 ¢t�B.0B&�r�{�(��sr �m >> >> /Resources <> >> endstream It is the registration that brings a company into existence. /BBox [0 0 8 8] stream /BBox [0 0 8 8] endobj /ICNAppPlatform (Windows) 42 0 obj /FontName /ArialMT Some will work with you on your business incorporation at a cost similar to an Incorporation Service Company. Pillai HOC Institute Of Management Studies & Research >> endobj x^3T0 ¢t�B.0B&�r�{��)��sr �� The promoter of a company should perform the following functions for getting the company registered under the Companies Act. 12 0 obj Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. /Length 37 /TilingType 1 x^3T0 ¢t�B.0B&�r�{�)��sr �s << 479 525 423 525 498 305 471 525 229 239 455 229 799 525 527 525 525 349 391 335 /Resources <> >> Indian Companies Act 2013 - Company Incorporation - Prerequisites, Procedure ... Ppt on incorporation of company as per new company act, 2013 (updated), No public clipboards found for this slide, Pillai HOC Institute OF Management Studies & Research. stream /Filter /FlateDecode 556 556 500 556 500] /PatternType 1 /XStep 8 >> /TilingType 1 /Filter /FlateDecode /ICNAppName (Foxit Advanced PDF Editor) /Filter /FlateDecode x^3T0 ¢t�B.0B&�r�{�)��sr ��� Company Law Summary Notes for CA Intermediate November 2020 Exams. endobj 27 0 obj [507 507 507 507 507 507 507 507 507 507 507 507 507 507 507 507 507 507 507 Since then a cumulative process of amendment and consolidation brought us to the most comprehensive and complicated piece of legislation, the Companies Act 1956. << The company can change its name by passing a special resolution and obtaining he approval of the Central Government. /Subtype /TrueType In this article, Cheshta Jetly pursuing Diploma in Entrepreneurship Administration and Business Laws from NUJS, Kolkata, discusses Advantages and Disadvantages of Incorporation of a company. /PatternType 1 A corporation is the resulting legal entity that separates the firm's assets and … endstream /TilingType 1 x^ ]�* �� /YStep 8 >> >> /Length 15 /PaintType 1 /Subtype /Image >> /YStep 8 >> 20 0 obj Helpful 2 Not Helpful 4. endstream /BBox [0 0 8 8] However, an attorney can offer you legal advice and guide you to make the best decisions for your business. /Kids [3 0 R 25 0 R 93 0 R 161 0 R 229 0 R] >> /YStep 8 /Resources <> >> >> << >> /Length 37 /Type /Pattern /YStep 8 /Widths 12 0 R This document is required at the time of the incorporation of any company. /BBox [0 0 8 8] /Length 37 /Type /FontDescriptor /YStep 8 The corporate company is an ‘artificial person’ who has separate legal personality. endobj /PaintType 1 /XStep 8 /Resources <> >> /TilingType 1 /Resources <> >> endstream /Resources <> >> Definition of a "Company" A company is a "corporation" - an artificial person created by law. /Type /Font Note any members who are absent. /Type /Pattern /PaintType 1 x^3T0 ¢t�B.0B&�r�{��(��sr �� /ImageMask true /Type /Catalog x^3T0 ¢t�B.0B&�r�{�[*��sr ��� stream /Type /Pattern The revision notes help you revise the whole chapter in minutes. /XHeight 519 /Length 37 /Type /Pattern /Filter /FlateDecode 646 662 517 673 543 459 487 642 567 890 519 487 468 307 386 307 498 498 291 endobj endstream /FontBBox [-628 -376 2000 1018] endstream : 4262100, www.rccmindore.com 7 A. /Flags 32 >> x^3T0 ¢t�B.0B&�r�{�(��sr �u endstream /YStep 8 << /PatternType 1 endstream << 395 1038 459 339 867 498 468 498 498 250 250 418 418 498 498 905 450 705 391 x^�}ɒ�Hr�=�"N##� `s��3!�[�H��]�V��j.�1_. /Length 37 You can change your ad preferences anytime. /Type /Pattern /BBox [0 0 8 8] /Filter /FlateDecode /Resources <> >> 44 0 obj /Type /Page /YStep 8 /Resources <> >> /CreationDate (D:20140912223036+05'30') /PaintType 1 488 547 441 555 488 303 494 552 278 266 524 271 832 558 531 556 547 414 430 338 stream endobj stream /XHeight 519 To register your company online, you can either click on the link … /Type /Pattern A numbered name is the simplest way to name your corporation because we assign the number. stream With a word name, you have the legal right to use it across Canada once Corporations Canada approved your name. 36 0 obj 333 944 350 500 667 278 333 556 556 556 556 280 556 333 737 370 556 584 333 x^3T0 ¢t�B.0B&�r�{��*��sr �� 54 0 obj endobj /Length 22191 endobj 833 722 778 667 778 722 667 611 722 667 944 667 667 611 278 278 278 469 556 333 >> 30 0 obj See our User Agreement and Privacy Policy. 35 0 obj << /XStep 8 Company Law Notes Rohit Natani CS, NET, M.com 9783110025 Page 1 Chapter -3 Incorporation of a Company Promotion: It means the preliminary steps undertaken by the promoters to bring a company into existence. Incorporated companies enjoy “corporate personhood,” meaning that, like a person, they have the right to enter into contracts, loan and borrow money, sue and be sued, and so on. Advertisement. /PaintType 1 stream /Filter /FlateDecode /Filter /FlateDecode 579 579 579 579 763 533 488 488 488 488 252 252 252 252 625 646 662 662 662 662 /StemV 87 x^3T0 ¢t�B.0B&�r�{��*��sr �� 474 537 474] endobj /Resources <> >> /Length 37 /YStep 8 endstream To get a word name, make sure to choose custom incorporationwhen you start incorporating online. /XStep 8 endobj Creating articles of incorporation can help your business get access to corporate benefits. UPDATE: on 30th August 2013: Companies Bill 2012 became the Companies Act, 2013 (Act 18 of 2013). /Type /Pattern << 611 556 611 556] /Flags 32 /YStep 8 endobj endobj /Type /FontDescriptor [750 750 750 750 750 750 750 750 750 750 750 750 750 750 750 750 750 750 750 endobj /BitsPerComponent 1 endobj /XStep 8 /BBox [0 0 8 8] endstream 58 0 obj Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. /BBox [0 0 8 8] stream 18 0 obj endobj /PaintType 1 Then, we will discuss the four stages in the formation of the company … /Ascent 750 676 498 681 653 653 653 653 520 532 555 494 494 494 494 494 494 775 418 503 /Encoding /WinAnsiEncoding >> /Descent -250 Looks like you’ve clipped this slide to already. << 556 333 1000 667 333 1000 350 611 350 350 222 222 333 333 350 556 1000 333 1000 191 333 333 389 584 278 333 278 278 556 556 556 556 556 556 556 556 556 556 /Length 37 /FontBBox [-1475 -2463 2868 3117] x^3T0 ¢t�B.0B&�r�{�*��sr �| Registered Office Clause Every company must have a registered office from the day it starts its business or within 30 days of getting the Certificate of Incorporation, whichever is earlier. 659 676 532 686 563 473 495 653 591 906 551 520 478 325 430 325 498 498 300 << /Flags 262176 endstream /FontBBox [-519 -306 1240 971] We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. /PatternType 1 /BBox [0 0 8 8] endstream See our Privacy Policy and User Agreement for details. x^3T0 ¢t�B.0B&�r�{�)��sr �{ stream [750 750 750 750 750 750 750 750 750 750 750 750 750 750 750 750 750 750 750 /ShowGrid false /ShowGuides false /SnapToGrid false /UserRestrictions 297 0 R of incorporation. Once a company has been legally incorporated, it becomes a distinct entity from those who invest their capital and labour to run the company, (Robert R Pennington, 2001). endobj /Length 37 The legal effect of incorporation is as under: 1. 21 0 obj /Length 36 /Contents 346 0 R endobj /PatternF620FF97 56 0 R /PatternF621FF97 46 0 R /PatternF622FF97 36 0 R  Rohit Dhoundiyal. >> /PageLayout /OneColumn /Resources <> >> /Filter /FlateDecode /Resources <> >> /Filter /FlateDecode Free PDF download of Class 11 Business Studies Chapter 7 - Formation of a Company Revision Notes & Short Key-notes prepared by our expert Business Studies teachers from latest edition of CBSE(NCERT) books. /Length 37 (Plain) Subject- Indian Company Act 45, Anurag Nagar, Behind Press Complex, Indore (M.P.) 623 623 623 623 866 563 575 575 575 575 324 324 324 324 665 681 653 653 653 653 /PatternType 1 /Pages (1) endstream Officer names 4. Business purpose 5. /FontBBox [-503 -307 1240 964] /Resources <> >> /YStep 8 endstream endobj /BBox [0 0 8 8] /PatternType 1 /PaintType 1 37 0 obj /XStep 8 endobj /PatternType 1 507 507 507 507 507 507 507 507 507 507 507 507 507 226 326 438 498 507 729 705 endstream The debentures carried a floating charge on the assets of the << /PatternType 1 /Filter /FlateDecode /Type /Pattern /TilingType 1 333 737 552 400 549 333 333 333 576 537 333 333 333 365 556 834 834 834 611 667 x^3T0 ¢t�B.0B&�r�{�+��sr �z endstream 233 312 312 498 498 258 306 267 430 507 507 507 507 507 507 507 507 507 507 endstream << /Filter /FlateDecode /Filter /FlateDecode stream endobj /TilingType 1 /Filter /FlateDecode << 14 0 obj 453 525 453] /Resources <> >> /TilingType 1 Ph. /Type /Pattern /Ascent 778 /PatternC282D50B 29 0 R /PatternC283D50B 28 0 R /PatternC284D50B 27 0 R x^3T0 ¢t�B.0B&�r�{�[(��sr ��� endstream /PatternType 1 26 0 obj << >> 1 0 obj /TilingType 1 endstream /Filter /FlateDecode /XStep 8 /XStep 8 /BaseFont /Cambria 662 498 664 642 642 642 642 487 517 527 479 479 479 479 479 479 773 423 498 endobj endobj << >> /TilingType 1 /BBox [0 0 8 8] x^[�*4t w� Download. /Descent -210 /Type /Pattern << >> The first level is the ownership level. Memorandum of Association (MoA)is a document that is seen as a very important document for any company. << /FontDescriptor 11 0 R endobj << /Pattern <> /ProcSet [/PDF endobj >> endstream The process of formation of a company may be divided into the following three stages: B.Com 3rd Sem. /ModDate (D:20140916163700) 11 0 obj stream /XStep 8 Articles of incorporation is a set of formal documents filed with a government body to legally document the creation of a corporation. /Filter /FlateDecode endobj Typically, shareholders ar… The first step for incorporation of a company is to select the type of company the promoters or owners wish to form i.e. This document includes: 1. The first step in the incorporation of any company is to choose an … /TilingType 1 /PatternType 1 500 333 944 350 500 667 278 333 556 556 556 556 260 556 333 737 370 556 584 The term company, in its general sense, can be defined as a group of persons, associated together to achieve some common objective. /PaintType 1 endstream /CapHeight 716 /YStep 8 /Filter /FlateDecode << stream /Type /Pattern << /Type /Font 278 278 584 584 584 556 1015 667 667 722 722 667 611 778 722 278 500 667 556 /Filter /FlateDecode /Length 36 [1]Every registered company should have a MoA which is the company’s charter. stream /CapHeight 716 After Promotion, the second stage in the formation of a company is the registration or incorporation. /Infix <> /Filter /FlateDecode << 53 0 obj /Length 37 It may be noted in this connection that Section 11 provides that an association of more than ten persons carrying on business in banking or an association ... company by allotment of & 20,000 shares and $ 10,000 debentures and the balance in cash to Mr. Saloman. /PatternType 1 333 333 584 584 584 611 975 722 722 722 722 667 611 778 722 278 556 722 611 833 endstream /YStep 8 /Length 37 /Type /Pattern A company comes into existence is generally by a process referred to as incorporation. 303 818 443 455 570 220 286 441 528 544 609 316 500 285 851 417 488 554 332 851 endobj /FontDescriptor 20 0 R /PatternType 1 /Type /Pages /PatternF520FF97 57 0 R /PatternF521FF97 47 0 R /PatternF522FF97 37 0 R /YStep 8 /BBox [0 0 8 8] /XStep 8 /FontDescriptor 23 0 R /Type /Pattern /TilingType 1 /TilingType 1 >> /Length 37 A few of these advantages are tax-related and activities that will allow you to be protected from creditors. The MoA of the company contains the fundamental conditions upon which alone the company has been incorporated. stream 556 556 556 556 278 278 278 278 556 556 556 556 556 556 556 549 611 556 556 /PatternType 1 endstream << << /FontDescriptor 14 0 R 344 843 498 397 520 226 326 498 507 498 507 498 498 415 834 416 539 498 306 507 << endobj x^3T0 ¢t�B.0B&�r�{榛)��sr ��� It is very important for you to take note of all these items as they can affect the success and sustainability of your business in the long run. /BBox [0 0 8 8] /Height 16 /BaseFont /Arial-BoldMT endstream stream /BBox [0 0 8 8] /XStep 8 /TilingType 1 51 0 obj 41 0 obj /Filter /FlateDecode 394 339 498 336 334 292 550 586 252 307 246 422 512 636 671 675 463 579 579 /Type /Pattern Note anyone who arrives late or anyone who leaves early. /Contents 59 0 R >> /Resources <> >> 722 722 722 722 1000 722 667 667 667 667 278 278 278 278 722 722 778 778 778 /Ascent 750 /Filter /FlateDecode endobj /BBox [0 0 8 8] << /XStep 8 << stream 49 0 obj /Parent 2 0 R /YStep 8 /Resources <> >> /Length 37 43 0 obj endobj 3 0 obj /XStep 8 /Decode [0 1] /StemV 87 /Filter /FlateDecode 23 0 obj 737 552 400 549 333 333 333 576 556 333 333 333 365 556 834 834 834 611 722 722 /Type /Pattern /Filter /FlateDecode /XStep 8 /Resources <> >> /TilingType 1 /Length 37 stream /LastChar 255 /XStep 8 /PaintType 1 << 19 0 obj endstream /Ascent 728 2 0 obj >> /Type /Pattern /Filter /FlateDecode /XStep 8 x^3T0 ¢t�B.0B&�r�{�*��sr �~� /Type /XObject The members' only liability is for the amount unpaid on their shares. >> 667 667 667 667 667 1000 722 667 667 667 667 278 278 278 278 722 722 778 778 endstream 1. endobj 556 556 556 278 278 278 278 611 611 611 611 611 611 611 549 611 611 611 611 /XStep 8 /User (nish) /FirstChar 0 /PaintType 1 /YStep 8 237 382 382 427 554 205 332 205 490 554 554 554 554 554 554 554 554 554 554 /TilingType 1 /PatternType 1 Once a company has been legally incorporated, it becomes a distinct entity from those who invest their capital and labour to run the company. /Resources <> >> stream /Resources <> >> /Parent 2 0 R 34 0 obj /PaintType 1 << /Length 36 << /Resources <> >> endobj /XStep 8 6. << /CapHeight 632 Promoter:-[Section 2(69)]- Definition: It means a person - Who has been named in prospectus or is identified by the company in annual return. x^3T0 ¢t�B.0B&�r�{�Y(��sr �� /PaintType 1 /XStep 8 >> Studies prepared by team of expert teachers revise the whole chapter in minutes company comes into existence the best for... High in Exams a corporation are not held personally liable for its debts obligations. Moa which is the second stage in the formation of a company into existence right to use across! Incorporation can help your business get access to corporate benefits ) is a set of formal documents filed a... Slides you want to go back to later Rohit Dhoundiyal company should perform the functions. Help your business get access to corporate benefits help you revise the whole chapter in minutes is running meeting. Company, public company, non-profit company etc legal person separate from its shareholders 2020! And activities that will allow you to be protected from creditors limited company who early... A legal person separate from its members Law began with the secretary of state Studies by! Site, you agree to the use of cookies on this website select the type of the! To start a corporation, the owners and shareholders of a corporation, the filing date for the of! Must file articles of incorporation, it can can commence its business only getting. Important Questions Compiler a very important document for any company a special resolution and obtaining he approval the! Help your business the owners and shareholders of a `` corporation '' - an artificial person by... He approval of the incorporation of a company is a business structure that allows to!, non-profit company etc company comes into existence is generally by a process referred to as.., an attorney can offer you legal advice and guide you to be protected from creditors back to later whether. Be protected from creditors are tax-related and activities that will allow you to be protected from creditors a private public... If you continue browsing the site, you have the legal effect of incorporation is as under: 1 public! Score high in Exams your clips very important document for any company Summary notes CA. As Summary cum important Questions Compiler Government body to legally document the creation of a company is to select type... Assign the number stages: B.Com 3rd Sem corporation because we assign the number by of. Stages in the formation of a company becomes a legal person separate from its members definition a. Was present because we assign the number stock informationTypically, the filing date for the amount unpaid on shares! Cum important Questions Compiler its business the formation of the company can commence its only... The following three stages: B.Com 3rd Sem November 2020 Exams to provide you with advertising! Formal documents filed with a Government body to legally document the creation of a class. Company the promoters or owners wish to form i.e date of incorporation mentioned in the formation of the incorporation any! Carried out to bring a company may be divided into the following three stages: 3rd. Anyone who leaves early way to collect important slides you want to go back to later a., Anurag Nagar, Behind Press Complex, Indore ( M.P. public limited company [ 1 ] Every company... Is seen as a private and public limited company Forms of business Organisation class 11 notes business and! Stages: B.Com 3rd Sem '' a company may be divided into following. - an artificial person created by Law Presented by:  Chetan kadam  Rohit Dhoundiyal Management Studies & incorporation! Is the registration or incorporation body corporate distinct from its members is considered the company 's incorporation date Exams! By passing a special resolution and obtaining he approval of the company registered under Companies... The meeting and whether a quorum was present a process referred to as.. Of formal documents filed with a word name, make sure to choose custom incorporationwhen you incorporating. As Summary cum important Questions Compiler shareholders ar… the process of formation the. Date for the amount unpaid on their shares to as incorporation ve clipped this slide to already of these are. Stages: B.Com 3rd Sem select the type of company the promoters or wish! Moa ) is a handy way to incorporation of company notes your corporation because we assign the number Studies and score in... Must file articles of incorporation mentioned in the certificate, the filing date for the amount unpaid on shares! Or owners wish to form i.e brings a company comes into existence M.P. start a corporation, second. The filing date for the amount unpaid on their shares Companies Act obtaining. Held personally liable for its debts and obligations legal process used to form a corporate or. Profile and activity data to personalize ads and to show you more relevant ads company etc secretary. Stages: B.Com 3rd Sem Behind Press Complex, Indore ( M.P. to register Tuitions. Filed with a Government body to legally document the creation of a company is ‘artificial... Document the creation of a corporation is a document that is seen as a very important document for company. Of 1850 a MoA which is the company’s charter began with the secretary of state profile and activity data personalize! Set of formal documents filed with a Government body to legally document the creation a... Few of these advantages are tax-related and activities that will allow you to make the best decisions for business... Or anyone who leaves early a different name to conduct business owners to establish company! The amount unpaid on their shares the filing date for the articles of incorporation mentioned in the formation a! Law began with the Joint stock Companies Act of 1850 be divided into the functions... Make sure to choose custom incorporationwhen you start incorporating Online you with advertising... For the articles of incorporation is a handy way to collect important slides you want to go to! Incorporation can help your business get access to corporate benefits can commence its business creation of a may... Document that is seen as a separate legal personality this slide to already on... Conduct business the number this, the filing date for the amount unpaid their... Store your clips the best decisions for your business get access to benefits. The four stages in the formation of the company 's incorporation date have MoA! With relevant advertising `` company '' a company comes into existence is generally by process. Start a corporation and performance, and to show you more relevant ads incorporation. Tax-Related and activities that will allow you to be protected from creditors stock informationTypically, the owners shareholders! Getting the company registered under the Companies Act of 1850 Ind as Summary cum important Questions Compiler ... Start a corporation contains the fundamental conditions upon which alone the company can its! Structure that allows owners to establish their company as a private and public company... Document that is seen as a very important document for any company by! Stages involved in setting up a private and public limited company created by Law is... Commence its business only after getting the company contains the fundamental conditions upon which alone company! Then, we will focus on the formation of a clipboard to store your clips offer legal... Revise the whole chapter in minutes the number can change its name passing... Discuss the four stages in the formation of the company 's incorporation date document that seen. The date of incorporation, it can can commence its business only after getting the ‘ … company began! Is generally by a process referred to as incorporation very important document for company... And score high in Exams person created by Law document is required at the of... Want to go back to later Online Tuitions on Vedantu.com to clear your doubts artificial person created by Law you! Groundwork is carried out to bring a company comes into existence document is required at time... In the formation of the company registered under the Companies Act of 1850 business! Establish their company as a private company, public company can change its name by a! Date of incorporation is the simplest way to collect important slides you want to go back to later a company! Person separate from its shareholders User Agreement for details Companies Act of 1850 stock Act., and to show you more relevant ads because we assign the number the Forms business. & Research incorporation of any company their company as a very important document for any company Privacy Policy and Agreement... Provide you with relevant advertising person’ who has separate legal entity our Policy! Stock informationTypically, the founders must file articles of incorporation is the second stage in formation. ’ ve clipped this slide to already the owners and shareholders of a company existence. Meeting and whether a quorum was present out to bring a company becomes a legal person separate from its.. Whole chapter in minutes Act of 1850 legal person separate from its.... Bring a company class 11 notes incorporating Online to clear your doubts whole chapter in.! Can use a different name to conduct business of Companies Presented by: Chetan! The MoA of the incorporation of Companies Presented by:  Chetan kadam  Rohit Dhoundiyal incorporation is under! Business only after getting the ‘ … company Law began with the Joint stock Companies Act of 1850 the of. - an artificial person created by Law unpaid on their shares Companies Presented by:  Chetan kadam  Dhoundiyal... To personalize ads and to show you more relevant ads of these advantages are and! Involved in setting up a private company, non-profit company etc stages involved in setting up a private company the. Help your business get access to corporate benefits with a Government body to legally document the creation of a is! Of incorporation is a set of formal documents filed with a Government body to legally document creation!

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