Formation of a company is a chapter that is outlined to explain about how is a company formed. This chapter is incorporated with many concepts – introduction to the topic – formation of a company, promotion of a company, functions of a promoter, name clause, documents required to be submitted, articles of association, association clause, position of promoters, qualification of shares, incorporation, preliminary contracts, effect of the certificate of incorporation, capital subscription, provisional contract, commencement of business. Students have to comprehend these concepts, learn and revise them. For more revision notes, students can refer to the revision notes provided for the Chapter 7 – Formation of a Company.
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