wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

A company comes into existence only after its __________.

A
Registration
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
Promotion
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Scrutiny of documents
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
Allotment of CIN
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is A Registration
Formation of a company is a lengthy process. There are major 4 stages to conceptualize the formation of a company:

  • Promotion stage
  • Registration stage
  • Capital subscription stage
  • Commencement of business stage.

Registration is the second stage of the formation of any company. A company is properly constituted only when it is registered under the companies act and the certificate of incorporation is issued by the authority. It is the registration which company brings in to existence.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Types of Business Enterprises - 2
BUSINESS STUDIES
Watch in App
Join BYJU'S Learning Program
CrossIcon