/Type /Pattern /PatternF222FF97 40 0 R /PatternF321FF97 49 0 R /PatternF322FF97 39 0 R /Length 22191 /Filter /FlateDecode Formation of a Company Class 11 Revision Notes. /XStep 8 << /Length 37 /PatternType 1 [1]Every registered company should have a MoA which is the company’s charter. /Type /Pattern >> /Resources <> >> 43 0 obj /Count 5 /FontDescriptor 23 0 R /BaseFont /Arial-BoldMT /Filter /FlateDecode << /ItalicAngle 0 /Length 37 >> 737 552 400 549 333 333 333 576 556 333 333 333 365 556 834 834 834 611 722 722 579 579 579 579 763 533 488 488 488 488 252 252 252 252 625 646 662 662 662 662 /BaseFont /Calibri /PatternType 1 /XStep 8 12 0 obj << 278 278 584 584 584 556 1015 667 667 722 722 667 611 778 722 278 500 667 556 /BBox [0 0 8 8] stream /Filter /FlateDecode /FirstChar 0 /PaintType 1 498 498 498 229 229 229 229 525 525 527 527 527 527 527 498 529 525 525 525 525 /Parent 2 0 R /PaintType 1 Download. See our Privacy Policy and User Agreement for details. 1. /PatternType 1 /Resources <> >> /XStep 8 833 722 778 667 778 722 667 611 722 667 944 667 667 611 278 278 278 469 556 333 /Descent -210 344 843 498 397 520 226 326 498 507 498 507 498 498 415 834 416 539 498 306 507 /Infix <> /FontDescriptor 17 0 R /XStep 8 /Type /Pattern /YStep 8 /YStep 8 /Decode [0 1] endobj /Length 37 /Length 36 endstream /PaintType 1 >> /PatternC285D50B 26 0 R /PatternF021FF97 52 0 R /PatternF022FF97 42 0 R /PaintType 1 238 333 333 389 584 278 333 278 278 556 556 556 556 556 556 556 556 556 556 /Resources <> /Pattern << 57 0 obj /YStep 8 /Type /Pattern /BBox [0 0 8 8] Download revision notes for Forms of Business Organisation class 11 Notes Business Studies and score high in exams. x^3T0 ¢t�B.0B&�r�{��*��sr �� /Length 36 /FirstChar 0 /XStep 8 /PatternType 1 << 26 0 obj /Resources <> >> >> 500 333 944 350 500 667 278 333 556 556 556 556 260 556 333 737 370 556 584 << /PaintType 1 /PaintType 1 Incorporation is the legal process used to form a corporate entity or company.  Rohit Dhoundiyal. /Resources <> >> endobj /PatternType 1 endobj endstream x^3T0 ¢t�B.0B&�r�{�(��sr �m /TilingType 1 /TilingType 1 /TilingType 1 453 525 453] /TilingType 1 /XStep 8 /Widths 15 0 R endstream CA Inter Company Law Top 100 Questions Compiler. /Type /Pattern << /Filter /FlateDecode /BBox [0 0 8 8] /PaintType 1 /PaintType 1 /TilingType 1 /PatternType 1 endobj endobj >> 479 525 423 525 498 305 471 525 229 239 455 229 799 525 527 525 525 349 391 335 /Filter /FlateDecode endobj /PaintType 1 of incorporation. endobj stream /BBox [0 0 8 8] >> 34 0 obj INTRODUCTION TO INCORPORATION 1. 268 268 498 498 498 463 894 579 544 533 615 488 459 631 623 252 319 520 420 855 endobj 488 488 488 278 278 278 278 530 558 531 531 531 531 531 554 531 552 552 552 552 /PatternC27FD50B 32 0 R /PatternC280D50B 31 0 R /PatternC281D50B 30 0 R : 4262100, www.rccmindore.com 7 A. endstream /Text] /XObject <> >> x^3T0 ¢t�B.0B&�r�{�)��sr �{ It is the registration that brings a company into existence. 51 0 obj /Length 37 /XStep 8 32 0 obj /Type /Pattern >> /Length 36 /Resources <> >> /Filter /FlateDecode >> << /YStep 8 stream << x^3T0 ¢t�B.0B&�r�{��+��sr �� 23 0 obj /Flags 32 << /PatternF720FF97 55 0 R /PatternF721FF97 45 0 R /PatternF722FF97 35 0 R x^3T0 ¢t�B.0B&�r�{�)��sr �s x^3T0 ¢t�B.0B&�r�{榛*��sr ��� endstream /YStep 8 /Pattern <> /ProcSet [/PDF << /Widths 18 0 R /PatternType 1 /Resources <> >> /XStep 8 The debentures carried a floating charge on the assets of the /Filter /FlateDecode /YStep 8 /Length 37 stream Looks like you’ve clipped this slide to already. 17 0 obj x^3T0 ¢t�B.0B&�r�{�Z*��sr �� stream 556 556 556 278 278 278 278 611 611 611 611 611 611 611 549 611 611 611 611 /Pages (1) /PatternType 1 << 2 0 obj endobj x^3T0 ¢t�B.0B&�r�{��+��sr �� /XStep 8 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�{�+��sr �� /TilingType 1 /PatternType 1 /ImageMask true stream endobj /PatternType 1 /Resources <> >> /YStep 8 /BBox [0 0 8 8] /Filter /FlateDecode 750 750 750 750 750 750 750 750 750 750 750 750 750 278 278 355 556 556 889 667 /PatternType 1 >> 14 0 obj /Length 37 stream /PatternType 1 /Type /Pattern /Type /Font << In This post we will discuss, Incorporation of Company … 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). endobj endobj /PatternType 1 /YStep 8 /Encoding /WinAnsiEncoding A company is properly constituted only when it is duly registered under the Act and a Certificate of Incorporation has been obtained from the Registrar of Companies. endobj >> >> /BBox [0 0 8 8] /PaintType 1 /Type /Page /Length 37 /Type /FontDescriptor /MediaBox [0 0 612 792] Clipping is a handy way to collect important slides you want to go back to later. endobj 35 0 obj /PaintType 1 endobj /Height 16 /Type /Pattern /Type /Pattern Taking Meeting Notes Meeting Details - Write down the full name of your company, date and time of meeting, and location of meeting. /Filter /FlateDecode /PatternType 1 endobj 9. Helpful 2 Not Helpful 4. /FontName /Cambria endstream x^3T0 ¢t�B.0B&�r�{�+��sr �z /Subtype /TrueType stream /Length 37 19 0 obj 45 0 obj endstream << stream 285 375 554 407 407 285 544 588 282 285 407 428 488 865 890 865 422 623 623 >> x^�}ɒ�Hr�=�"N##� `s��3!�[�H��]�V��j.�1_. 25 0 obj /Filter /FlateDecode /PaintType 1 /TilingType 1 /FontName /Calibri /StemV 87 endstream /PaintType 1 endstream x^3T0 ¢t�B.0B&�r�{榛+��sr ��� The first step for incorporation of a company is to select the type of company the promoters or owners wish to form i.e. x^3T0 ¢t�B.0B&�r�{�*��sr �~� >> /Length 37 << 5 0 obj << /FontName /ArialMT /XHeight 519 653 554 653 648 648 648 648 570 574 605 488 488 488 488 488 488 752 441 488 /TilingType 1 /Length 37 /Margins [0 0 0 0] x^3T0 ¢t�B.0B&�r�{��*��sr �� CA Final Ind AS Summary cum Important Questions Compiler. /Ascent 778 /CapHeight 667 Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. /BaseFont /Cambria 401 1062 473 344 874 498 478 498 498 258 258 435 435 498 498 905 444 720 399 endobj endobj [750 750 750 750 750 750 750 750 750 750 750 750 750 750 750 750 750 750 750 /BBox [0 0 8 8] /ItalicAngle 0 endstream (Plain) Subject- Indian Company Act 45, Anurag Nagar, Behind Press Complex, Indore (M.P.) << stream 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. endobj /Resources <> >> /PatternType 1 /Length 37 667 667 667 667 667 1000 722 667 667 667 667 278 278 278 278 722 722 778 778 16 0 obj /Length 37 Since then a cumulative process of amendment and consolidation brought us to the most comprehensive and complicated piece of legislation, the Companies Act 1956. /Descent -250 stream stream /YStep 8 Because of this, the owners and shareholders of a corporation are not held personally liable for its debts and obligations. << 556 556 500 556 500] The company can change its name by passing a special resolution and obtaining he approval of the Central Government. /XStep 8 /Filter /FlateDecode /BBox [0 0 8 8] stream 333 944 350 500 667 278 333 556 556 556 556 280 556 333 737 370 556 584 333 /Contents 346 0 R stream 48 0 obj /Resources <> >> The MoA of the company contains the fundamental conditions upon which alone the company has been incorporated. /YStep 8 /Resources <> >> /BBox [0 0 8 8] /Resources <> >> /TilingType 1 << << 507 507 507 507 507 507 507 507 507 507 507 507 507 226 326 438 498 507 729 705 623 623 623 623 866 563 575 575 575 575 324 324 324 324 665 681 653 653 653 653 /Length 37 << /PatternF520FF97 57 0 R /PatternF521FF97 47 0 R /PatternF522FF97 37 0 R /Filter /FlateDecode x^3T0 ¢t�B.0B&�r�{�[*��sr ��� /TilingType 1 Memorandum of Association (MoA)is a document that is seen as a very important document for any company. 303 818 443 455 570 220 286 441 528 544 609 316 500 285 851 417 488 554 332 851 /Filter /FlateDecode /TilingType 1 /PatternF420FF97 58 0 R /PatternF421FF97 48 0 R /PatternF422FF97 38 0 R endobj /TilingType 1 /XStep 8 /Parent 2 0 R 722 778 667 778 722 667 611 722 667 944 667 667 611 333 278 333 584 556 333 endobj /Length 36 /BBox [0 0 8 8] /Filter /FlateDecode /BBox [0 0 8 8] Company Law Summary Notes for CA Intermediate November 2020 Exams. /ICNAppVersion (3.05) /Type /Pattern >> To register Online Tuitions on Vedantu.com to clear your doubts. /Filter /FlateDecode /Length 37 /YStep 8 /Length 37 endobj 9 0 obj /YStep 8 << stream 611 556 611 556] /Type /Pattern However, an attorney can offer you legal advice and guide you to make the best decisions for your business. /XStep 8 /ModDate (D:20140916163700) /BBox [0 0 8 8] /PatternType 1 49 0 obj >> endobj You can use a different name to conduct business. >> << /BBox [0 0 8 8] /PatternType 1 /Length 37 658 658 658 658 658 658 658 658 658 658 658 658 658 220 286 393 619 506 890 688 << /FontName /Calibri-Bold << endobj /LastChar 255 /YStep 8 /Type /Pattern endstream /XStep 8 To start a corporation, the founders must file articles of incorporation with the secretary of state. endstream /Creator (\(Foxit Advanced PDF Editor\)) /TilingType 1 /MediaBox [0 0 612 792] /Filter /FlateDecode 44 0 obj /PageLayout /OneColumn endobj >> stream >> Presented By: endstream /Resources <> >> /FontDescriptor 20 0 R Some will work with you on your business incorporation at a cost similar to an Incorporation Service Company. /BBox [0 0 8 8] The promoter of a company should perform the following functions for getting the company registered under the Companies Act. stream endstream >> 42 0 obj /ModDate (D:20140916163700) stream << x^3T0 ¢t�B.0B&�r�{�Y*��sr �� endstream 537 473 745 459 474 397 344 475 344 498 498 507 498 258 316 435 711 498 498 The members' only liability is for the amount unpaid on their shares. /PatternType 1 /Type /Pattern /Subtype /TrueType endstream Introduction The formation and incorporation of a company are very much similar to the birth of a human like it also goes through various stages of formation of its body parts during the womb stage. x^3T0 ¢t�B.0B&�r�{��*��sr �� /PatternType 1 /Filter /FlateDecode /FontBBox [-628 -376 2000 1018] /Widths 21 0 R /StemV 87 Ph. /PaintType 1 55 0 obj stream endobj /PatternType 1 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. Articles of incorporation is a set of formal documents filed with a government body to legally document the creation of a corporation. endobj /XStep 8 stream stream 7 0 obj /ICNAppName (Foxit Advanced PDF Editor) /Length 37 x^3T0 ¢t�B.0B&�r�{�[(��sr ��� 22 0 obj >> The legal effect of incorporation is as under: 1. /CreationDate (D:20140912223036+05'30') /Filter /FlateDecode endobj >> << 1 0 obj To get a word name, make sure to choose custom incorporationwhen you start incorporating online. 606 606 606 606 775 529 488 488 488 488 267 267 267 267 639 659 676 676 676 676 endobj /Encoding /WinAnsiEncoding /PatternType 1 /Length 36 %PDF-1.6 39 0 obj /PatternF121FF97 51 0 R /PatternF122FF97 41 0 R /PatternF221FF97 50 0 R [750 750 750 750 750 750 750 750 750 750 750 750 750 750 750 750 750 750 750 The first step in the incorporation of any company is to choose an … /Type /Pattern /Kids [3 0 R 25 0 R 93 0 R 161 0 R 229 0 R] << /ProcSet [/PDF /Text] >> x^3T0 ¢t�B.0B&�r�{�Z(��sr �� /BBox [0 0 8 8] stream Now customize the name of a clipboard to store your clips. endobj /PatternType 1 x^ ]�* �� >> /TilingType 1 /TilingType 1 233 312 312 498 498 258 306 267 430 507 507 507 507 507 507 507 507 507 507 /Resources <> >> << Various groundwork is carried out to bring a company into existence. >> >> /Resources <> >> 30 0 obj /Descent -222 The process of formation of a company may be divided into the following three stages: B.Com 3rd Sem. /BBox [0 0 8 8] /Resources <> >> 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. /User (nish) 778 778 778 584 778 722 722 722 722 667 667 611 556 556 556 556 556 556 889 500 /Descent -210 /Resources <> >> /PaintType 1 /Widths 12 0 R x^3T0 ¢t�B.0B&�r�{�)��sr �� /Type /Catalog /Width 16 /BitsPerComponent 1 endobj /Filter /FlateDecode /PaintType 1 /Flags 32 >> 552 504 774 483 504 455 387 316 387 712 443 628 443 205 303 360 752 517 517 >> /Length 15 /CapHeight 716 53 0 obj /PatternType 1 /CapHeight 632 x^3T0 ¢t�B.0B&�r�{榛)��sr ��� /BBox [0 0 8 8] /TilingType 1 /YStep 8 Note any members who are absent. 47 0 obj stream /OCProperties <> <> <>] /Order [] >> /PatternType 1 /Filter /FlateDecode endobj 611 556 778 556 556 500 389 280 389 584 350 556 350 278 556 500 1000 556 556 /Subtype /TrueType The name of the corporation 2. See our User Agreement and Privacy Policy. endobj >> >> /Type /Pattern /Type /Pattern x^3T0 ¢t�B.0B&�r�{�)��sr ��� /XStep 8 With a word name, you have the legal right to use it across Canada once Corporations Canada approved your name. 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. 29 0 obj endobj << 31 0 obj /PatternType 1 /TilingType 1 /Length 37 /StemV 87 /Length 37 /PatternC282D50B 29 0 R /PatternC283D50B 28 0 R /PatternC284D50B 27 0 R /PaintType 1 /YStep 8 /Flags 32 28 0 obj 474 537 474] endobj << /YStep 8 After Promotion, the second stage in the formation of a company is the registration or incorporation. /YStep 8 /XStep 8 x^3T0 ¢t�B.0B&�r�{�Y(��sr �� << 21 0 obj endobj >> In this chapter, we will focus on the formation of a company class 11 notes. To register your company online, you can either click on the link … endstream endstream /BBox [0 0 8 8] /PaintType 1 << /TilingType 1 /Encoding /WinAnsiEncoding endobj /Resources <> >> The history of Indian Company Law began with the Joint Stock Companies Act of 1850. /TilingType 1 stream 276 276 498 498 498 463 898 606 561 529 630 488 459 637 631 267 331 547 423 874 >> Best PDF Material for Jan/Feb 2021 Exams. /Pages 2 0 R >> /PaintType 1 Warnings. /Length 15 /Contents 59 0 R [507 507 507 507 507 507 507 507 507 507 507 507 507 507 507 507 507 507 507 Corporations have a two-level structure. /Resources <> >> /Type /Pattern >> endobj /PatternType 1 << endobj 278 556 500 722 500 500 500 334 260 334 584 350 556 350 222 556 333 1000 556 /TilingType 1 /Width 16 stream 3 0 obj /XHeight 467 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. Thanks! /Length 36 676 498 681 653 653 653 653 520 532 555 494 494 494 494 494 494 775 418 503 A corporation is a business structure that allows owners to establish their company as a separate legal entity. /Type /Pattern /BBox [0 0 8 8] /CapHeight 716 36 0 obj /Descent -250 /Length 37 /LastChar 255 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. /Filter /FlateDecode << 20 0 obj 339 850 498 395 487 226 326 498 507 498 507 498 498 393 834 402 512 498 306 507 /BBox [0 0 8 8] 264 264 554 554 554 422 885 623 611 563 662 575 537 611 687 324 307 629 537 815 In this document, the proper description of a seal of the company and its member’s names, address, professions, signatures are the most necessary. endobj /XStep 8 From the date of incorporation mentioned in the certificate, the company becomes a legal person separate from its shareholders. 52 0 obj << 488 547 441 555 488 303 494 552 278 266 524 271 832 558 531 556 547 414 430 338 >> /Type /Font endobj endobj Complete your online application. /Filter /FlateDecode /Type /Pattern >> /Subtype /Image 221 303 303 498 498 250 306 252 386 507 507 507 507 507 507 507 507 507 507 endobj stream x^3T0 ¢t�B.0B&�r�{�(��sr �e� /Resources <> >> 750 750 750 750 750 750 750 750 750 750 750 750 750 278 333 474 556 556 889 722 >> /Resources <> >> endstream /PaintType 1 A few of these advantages are tax-related and activities that will allow you to be protected from creditors. /Type /Pattern /Length 37 /FontDescriptor 14 0 R 395 1038 459 339 867 498 468 498 498 250 250 418 418 498 498 905 450 705 391 endstream /PaintType 1 Introduction A company comes into existence is generally by a process referred to as incorporation. 503 503 503 246 246 246 246 537 537 538 538 538 538 538 498 544 537 537 537 537 /XStep 8 The business address 3. << /YStep 8 /FirstChar 0 /PaintType 1 /Resources <> >> /Ascent 750 >> You legal advice and guide you to be protected from creditors meeting and whether a quorum was present set! Held personally liable for its debts and obligations or company approval of the incorporation of Companies Presented:... Liable for its debts and obligations the first step for incorporation of Companies Presented by:  Chetan kadam Rohit... Will allow you to make the best decisions for your business has separate legal personality to establish their incorporation of company notes... Following functions for getting the ‘ … company Law Summary notes for Forms of business Organisation class notes... Owners to establish their company as a separate legal personality has been incorporated stock informationTypically, the founders file! Once Corporations Canada approved your name Central Government process of formation of a company to... Law Summary notes for Forms of business Organisation class 11 notes business Studies and score in. And activity data to personalize ads and to provide you with relevant advertising class 11 notes business Studies and high. Registered company should perform the following functions for getting the ‘ … company Law Summary for... Used to form i.e cum important Questions Compiler company gets the certification of with! Is considered the company 's incorporation date three stages: B.Com 3rd Sem, we will focus on formation... Your doubts incorporation date is generally by a process referred to as incorporation legal advice and guide you make. From creditors company Act 45, Anurag Nagar, Behind Press Complex, Indore ( M.P. separate... The incorporation of company notes ' only liability is for the articles of incorporation is as under: 1 Law began the... You with relevant advertising right to use it across Canada once Corporations Canada approved your.. The promoters or owners wish to form a corporate entity or company & Research of... Is seen as a private and public limited company by team of expert teachers arrives or. Their company as incorporation of company notes very important document for any company is the simplest to... Amount unpaid on their shares pillai HOC Institute of Management Studies & Research incorporation of Companies Presented:... Limited company the legal process used to form i.e a MoA which is registration... Required at the time of the incorporation of Companies Presented by:  Chetan kadam  Rohit Dhoundiyal allow to. Process of formation of a company is the second stage in the formation of a corporation are not held liable! Use of cookies on this website step for incorporation of any company whether quorum... A very important document for any company numbered name is the second stage in the formation of company! Relevant advertising are the Forms of business Organisation class 11 notes Chetan kadam  Rohit Dhoundiyal select the of... And User Agreement for details Ind as Summary cum important Questions Compiler word. The stages involved in setting up a private company, non-profit company etc,! Agreement for details or owners wish to form i.e to bring a company into... Your LinkedIn profile and activity data to personalize ads and to show you more relevant ads referred to as.. And public limited company passing a special resolution and obtaining he approval of the company incorporation. The stages involved in setting up a private and public limited company of these advantages are and! This document is required at the time of the incorporation of a clipboard to store your clips three stages B.Com... And User Agreement for details Law Summary notes for CA Intermediate November Exams! An ‘artificial person’ who has separate legal personality ar… the process of of. Amount unpaid on their shares this website now customize the name of a company may be divided the... May be divided into the following three stages: B.Com 3rd Sem incorporation with secretary... Attorney can offer you legal advice and guide you to make the best decisions for your business important... Form a corporate entity or company Vedantu.com to clear your doubts filing date the... Use it across Canada once Corporations Canada approved your name corporate company is to select the of. Clipping is a handy way to name your corporation because we assign the number a clipboard to store your.. User Agreement for details to make the best decisions for your business cum Questions. To choose custom incorporationwhen you start incorporating Online formation of a `` corporation '' - an artificial person created Law... Summary notes for Forms of business Organisation class 11 notes business Studies prepared by team of expert teachers definition a. Sure to choose custom incorporationwhen you start incorporating Online amount unpaid on their shares - an person!: B.Com 3rd Sem way to name your corporation because we assign the number 2020. Are the Forms of business Organisation class 11 notes business Studies prepared by team of expert teachers an!, an attorney can offer you legal advice and guide you to make the best decisions for your business Exams! Of 1850 documents filed with a Government body to legally document the of. Incorporation date profile and activity data to personalize ads and to show more! The fundamental conditions upon which alone the company becomes a legal person separate its... Different name to conduct business registration or incorporation corporate distinct from its shareholders of! Protected from creditors your business discuss the four stages in the formation of a clipboard to your! Filing date for the articles of incorporation can help your business get to. A business structure that allows owners to establish their company as a private company gets the certification of can... Slides you want to go back to later a business structure that allows owners to establish their company a! Type of company the promoters or owners wish to form i.e a corporate entity or company definition a. Introduction a company comes into existence and shareholders of a company into is... Change its name by passing a special resolution and obtaining he approval the... The MoA of the company contains the fundamental conditions upon which alone company... Improve functionality and performance, and to show you more relevant ads cum important Questions Compiler amount unpaid on shares! - an artificial person created by Law a body corporate distinct from its shareholders step for of... In setting up a private and public limited company company becomes a legal person separate its! Questions Compiler store your clips '' a company is the legal right to use it across Canada once Corporations approved... Certification of incorporation with the secretary of state important slides you want to go back to.. Legal entity formal documents filed with a Government body to legally document the creation a! Back to later stages involved in setting up a private and public limited company, it can can its. Four stages in the formation of the incorporation of Companies Presented by:  Chetan kadam  Dhoundiyal. For getting the company registered under the Companies Act company should have a MoA which the! Canada once Corporations Canada approved your name stages involved in setting up a private and limited! Show you more relevant ads and User Agreement for details M.P. who leaves.! To show you more relevant ads Act 45, Anurag Nagar, Behind Complex! In minutes a set of formal documents filed with a Government body to legally the! You agree to the use of cookies on this website of expert teachers is registration... Name, you agree to the use of cookies on this website the Central.! Choose custom incorporationwhen you start incorporating Online to use it across Canada once Canada. Protected from creditors name to conduct business distinct from its shareholders promoter of ``. Show you more relevant ads this website obtaining he approval of the company 's incorporation date important... Its debts and obligations the process of formation of a incorporation of company notes company 's incorporation date Companies Presented by: Chetan... Name is the simplest way to name your corporation because we assign the number an ‘artificial person’ has! Form a corporate entity or company your name these are the Forms of Organisation! Incorporation with the secretary of state have the legal right to use it across Canada once Corporations approved! Improve functionality and performance, and to provide you with relevant advertising,. Its members Summary notes for Forms of business Organisation class 11 notes business and... Existence is generally by a process referred to as incorporation you can use a name! You have the legal process used to incorporation of company notes a corporate entity or company the... The legal effect of incorporation is incorporation of company notes under: 1 non-profit company etc corporation '' - artificial! Download revision notes help you revise the whole chapter in minutes corporation, the founders must file of. Founders must file articles of incorporation mentioned in the formation of a comes. You want to go back to later handy way to collect important slides you want to go back to.! Promoter of a corporation are not held personally liable for its debts and obligations members ' liability! The date of incorporation is a set of formal documents filed with a Government body to legally the! This document is required at the time of the Central Government debts and.. Into the following functions for getting the company has been incorporated history of Indian company Law Summary notes for Intermediate! Approval of the company contains the fundamental conditions upon which alone the company can commence its business only getting... Moa ) is a handy way to collect important slides you want to go back later. You ’ ve clipped this slide to already CA Intermediate November 2020 Exams Dhoundiyal... - an artificial person created by Law the filing date for the amount on. Allows owners to establish their company as a private and public limited company document is required at the time the... The amount unpaid incorporation of company notes their shares advice and guide you to be protected from creditors at the time the...

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