Explain the steps to be taken for incorporation of a company.
Explain the steps to be taken for incorporation of a company.
'Incorporation of a company' means registration of the company under the provisions of the Companies Act, 1956.
Steps to be followed for the registration of a company are as follows:
1. 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 accurate and all the requirements of the act have been duly fulfilled
2. Fees: Required amount of fees is to be deposited with the Registrar of Companies.
3. 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.
'Incorporation of a company' means registration of the company under the provisions of the Companies Act, 1956.
Steps to be followed for the registration of a company are as follows:
1. 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 accurate and all the requirements of the act have been duly fulfilled
2. Fees: Required amount of fees is to be deposited with the Registrar of Companies.
3. 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.
