Adhaya limited, a famous group of promoters gets a contract of promoting a toy manufacturing company. Discuss in brief the steps which are required to be followed to form a toy manufacturing company ( Public Limited Company).
Adhaya limited, a famous group of promoters gets a contract of promoting a toy manufacturing company. Discuss in brief the steps which are required to be followed to form a toy manufacturing company ( Public Limited Company).
The steps which are followed to form a toy manufacturing company ( Public Limited Company) are :
(a) Application for registration: An application in the prescribed format, duly signed by all the partners is to be submitted to the registrar of companies, containing the following information :
(i) Name of the company.
(ii) Location of the company.
(iii) Memorandum of association.
(iv) Articles of association.
(v) Written consent of directors.
(vi) Names and addresses of the directors.
(vii)Statutory declaration announcing that all the information is true and all the requirements of the act have been duly fulfilled.
(b) Fees: Required amount of fees is to be deposited with the registrar of companies.
(c) Issuance of certificate: When the registrar is satisfied with all the formalities, he enters the company's name in the register and issues a certificate of registration.
The steps which are followed to form a toy manufacturing company ( Public Limited Company) are :
(a) Application for registration: An application in the prescribed format, duly signed by all the partners is to be submitted to the registrar of companies, containing the following information :
(i) Name of the company.
(ii) Location of the company.
(iii) Memorandum of association.
(iv) Articles of association.
(v) Written consent of directors.
(vi) Names and addresses of the directors.
(vii)Statutory declaration announcing that all the information is true and all the requirements of the act have been duly fulfilled.
(b) Fees: Required amount of fees is to be deposited with the registrar of companies.
(c) Issuance of certificate: When the registrar is satisfied with all the formalities, he enters the company's name in the register and issues a certificate of registration.
