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/PatternType 1 /Length 36 Now customize the name of a clipboard to store your clips. /Filter /FlateDecode /PaintType 1 /XStep 8 41 0 obj << /FontDescriptor 17 0 R /BBox [0 0 8 8] << /Filter /FlateDecode /Type /Font /YStep 8 /YStep 8 endstream >> x^3T0 ¢t�B.0B&�r�{��(��sr �� /TilingType 1 stream /PaintType 1 endobj 611 556 611 556] /BBox [0 0 8 8] /Filter /FlateDecode /Type /FontDescriptor endstream /Length 37 stream /YStep 8 333 737 552 400 549 333 333 333 576 537 333 333 333 365 556 834 834 834 611 667 488 488 488 278 278 278 278 530 558 531 531 531 531 531 554 531 552 552 552 552 /XStep 8 /YStep 8 >> 722 722 722 722 1000 722 667 667 667 667 278 278 278 278 722 722 778 778 778 [750 750 750 750 750 750 750 750 750 750 750 750 750 750 750 750 750 750 750 494 537 418 537 503 316 474 537 246 255 480 246 813 537 538 537 537 355 399 347 /TilingType 1 /PatternF222FF97 40 0 R /PatternF321FF97 49 0 R /PatternF322FF97 39 0 R /PatternType 1 /PatternType 1 Articles of incorporation is a set of formal documents filed with a government body to legally document the creation of a corporation.  Rohit Dhoundiyal. /TilingType 1 /PatternType 1 endobj /FirstChar 0 As soon as a private company gets the certification of incorporation, it can can commence its business. /PaintType 1 stream << 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. The first level is the ownership level. /BitsPerComponent 1 Some will work with you on your business incorporation at a cost similar to an Incorporation Service Company. /Filter /FlateDecode /FontBBox [-519 -306 1240 971] /Widths 24 0 R /Filter /FlateDecode stream /Filter /FlateDecode Corporations have a two-level structure. /PaintType 1 /XStep 8 endobj /ICNAppVersion (3.05) /PaintType 1 stream endstream /TilingType 1 27 0 obj << /FontName /Calibri-Bold /Type /FontDescriptor 37 0 obj /BBox [0 0 8 8] /BBox [0 0 8 8] endobj endobj >> /PaintType 1 1. 268 268 498 498 498 463 894 579 544 533 615 488 459 631 623 252 319 520 420 855 /BBox [0 0 8 8] 4 0 obj x^3T0 ¢t�B.0B&�r�{�*��sr �l /TilingType 1 >> /Margins [0 0 0 0] << 55 0 obj x^3T0 ¢t�B.0B&�r�{�[(��sr ��� /Decode [0 1] /Widths 18 0 R >> 11 0 obj /PaintType 1 The protection given by limited liability is perhaps the most important advantage of incorporation. endobj /StemV 87 /Widths 21 0 R << /Filter /FlateDecode /XStep 8 26 0 obj >> endobj A company comes into existence is generally by a process referred to as incorporation. /StemV 87 /LastChar 255 /YStep 8 /ICNValidStructure 0 x^3T0 ¢t�B.0B&�r�{�+��sr �z stream endobj 278 556 500 722 500 500 500 334 260 334 584 350 556 350 222 556 333 1000 556 endstream /Filter /FlateDecode /Infix <> 276 276 498 498 498 463 898 606 561 529 630 488 459 637 631 267 331 547 423 874 /Encoding /WinAnsiEncoding << /TilingType 1 /ItalicAngle 0 34 0 obj /StemV 165 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. 395 1038 459 339 867 498 468 498 498 250 250 418 418 498 498 905 450 705 391 /Length 36 /ModDate (D:20140916163700) /Subtype /TrueType endstream /XStep 8 /XStep 8 /PaintType 1 /BaseFont /Cambria 556 333 1000 667 333 1000 350 611 350 350 222 222 333 333 350 556 1000 333 1000 /PaintType 1 >> endobj /Kids [3 0 R 25 0 R 93 0 R 161 0 R 229 0 R] /Type /Page << 35 0 obj /TilingType 1 /Decode [0 1] [1]Every registered company should have a MoA which is the company’s charter. 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. x^3T0 ¢t�B.0B&�r�{��*��sr �� Typically, shareholders ar… The corporate company is an ‘artificial person’ who has separate legal personality. x^3T0 ¢t�B.0B&�r�{�)��sr �{ 278 278 584 584 584 556 1015 667 667 722 722 667 611 778 722 278 500 667 556 x^3T0 ¢t�B.0B&�r�{�(��sr �m If you continue browsing the site, you agree to the use of cookies on this website. /Filter /FlateDecode stream x^3T0 ¢t�B.0B&�r�{��)��sr �� However, an attorney can offer you legal advice and guide you to make the best decisions for your business. /TilingType 1 endobj /Type /Pattern 537 473 745 459 474 397 344 475 344 498 498 507 498 258 316 435 711 498 498 Incorporation or Registration Stage: Incorporation or registration is the second stage in the formation of a company. x^3T0 ¢t�B.0B&�r�{�+��sr ��� endobj /Flags 32 << 556 556 500 556 500] stream /YStep 8 I. << Note who is running the meeting and whether a quorum was present. The business address 3. /PageLayout /OneColumn /Resources <> >> << >> /Type /Pattern /Margins [0 0 0 0] 285 375 554 407 407 285 544 588 282 285 407 428 488 865 890 865 422 623 623 x^3T0 ¢t�B.0B&�r�{��*��sr �� /BBox [0 0 8 8] /Height 16 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. 681 653 568 653 621 496 593 648 604 921 571 570 538 350 490 350 554 371 285 /YStep 8 /Length 37 507 507 507 507 507 507 507 507 507 507 507 507 507 226 326 401 498 507 715 682 x^3T0 ¢t�B.0B&�r�{�)��sr ��� endstream 606 606 606 606 775 529 488 488 488 488 267 267 267 267 639 659 676 676 676 676 /YStep 8 /Widths 12 0 R /TilingType 1 303 818 443 455 570 220 286 441 528 544 609 316 500 285 851 417 488 554 332 851 endobj /Filter /FlateDecode /StemV 165 endstream /ICNAppName (Foxit Advanced PDF Editor) /Producer /Type /Pattern /PatternType 1 /BBox [0 0 8 8] /Type /Pattern /Flags 262176 /Type /Font 552 504 774 483 504 455 387 316 387 712 443 628 443 205 303 360 752 517 517 /ShowGrid false /ShowGuides false /SnapToGrid false /UserRestrictions 297 0 R /XStep 8 Once a company has been legally incorporated, it becomes a distinct entity from those who invest their capital and labour to run the company, (Robert R Pennington, 2001). /PaintType 1 /Type /Pattern >> /Filter /FlateDecode /Type /Pattern endobj >> CA Inter Income Tax & GST Brief Notes. 22 0 obj >> endobj See our Privacy Policy and User Agreement for details. 48 0 obj /Length 37 /Length 37 /YStep 8 x^3T0 ¢t�B.0B&�r�{��+��sr �� /BBox [0 0 8 8] The legal effect of incorporation is as under: 1. Because of this, the owners and shareholders of a corporation are not held personally liable for its debts and obligations. x^3T0 ¢t�B.0B&�r�{�+��sr �� >> /PaintType 1 x^[�*4t w� /Descent -222 /Resources <> >> /YStep 8 endobj /Pages (1) /Type /Font x^ ]�* �� /YStep 8 /Resources <> >> /Length 36 endstream /PaintType 1 13 0 obj /Resources <> >> endobj 750 750 750 750 750 750 750 750 750 750 750 750 750 278 333 474 556 556 889 722 653 554 653 648 648 648 648 570 574 605 488 488 488 488 488 488 752 441 488 endstream Incorporation of Companies endobj endstream /Resources <> >> stream /YStep 8 >> /ItalicAngle 0 endstream This document is required at the time of the incorporation of any company. /BBox [0 0 8 8] /Subtype /Image /LastChar 255 /Type /Pattern /Type /Pattern << [507 507 507 507 507 507 507 507 507 507 507 507 507 507 507 507 507 507 507 /PaintType 1 /Ascent 728 /PatternType 1 1 0 obj 833 722 778 667 778 722 667 611 722 667 944 667 667 611 278 278 278 469 556 333 Once a company has been legally incorporated, it becomes a distinct entity from those who invest their capital and labour to run the company. /Type /Pattern endstream Pillai HOC Institute Of Management Studies & Research 59 0 obj x^3T0 ¢t�B.0B&�r�{�+��sr �� 39 0 obj endobj /PatternType 1 << /Resources <> >> /LastChar 255 To start a corporation, the founders must file articles of incorporation with the secretary of state. 579 579 579 579 763 533 488 488 488 488 252 252 252 252 625 646 662 662 662 662 endobj /Type /Pattern /XStep 8 [507 507 507 507 507 507 507 507 507 507 507 507 507 507 507 507 507 507 507 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. /PatternF620FF97 56 0 R /PatternF621FF97 46 0 R /PatternF622FF97 36 0 R endobj /PaintType 1 endobj << 44 0 obj 25 0 obj /PatternType 1 Introduction A company comes into existence is generally by a process referred to as incorporation. /XStep 8 /TilingType 1 << 191 333 333 389 584 278 333 278 278 556 556 556 556 556 556 556 556 556 556 << /Type /Pattern /PaintType 1 The Effects of Incorporation of a Company Incorporating your company establishes it as a separate entity from yourself. 676 498 681 653 653 653 653 520 532 555 494 494 494 494 494 494 775 418 503 >> /BBox [0 0 8 8] /XStep 8 /PatternType 1 /PatternType 1 /PatternType 1 stream >> /Filter /FlateDecode /Resources <> >> 474 537 474] /Filter /FlateDecode endstream  Chetan kadam 778 778 584 778 722 722 722 722 667 667 611 556 556 556 556 556 556 889 556 556 << 556 556 556 556 278 278 278 278 556 556 556 556 556 556 556 549 611 556 556 /Ascent 750 /PatternType 1 /PaintType 1 stream /BBox [0 0 8 8] /XStep 8 /Type /Pattern In this article, Cheshta Jetly pursuing Diploma in Entrepreneurship Administration and Business Laws from NUJS, Kolkata, discusses Advantages and Disadvantages of Incorporation of a company. /Length 37 32 0 obj /User (nish) In This post we will discuss, Incorporation of Company … stream 3 0 obj stream /YStep 8 endobj x^3T0 ¢t�B.0B&�r�{�Y*��sr �� /Resources <> /Pattern << INTRODUCTION TO INCORPORATION 1. /TilingType 1 x^3T0 ¢t�B.0B&�r�{�*��sr �| 778 778 778 584 778 722 722 722 722 667 667 611 556 556 556 556 556 556 889 500 /Type /Pattern /Type /FontDescriptor Stock informationTypically, the filing date for the articles of incorporation is considered the company's incorporation date. x^3T0 ¢t�B.0B&�r�{��(��sr �� /Filter /FlateDecode 750 750 750 750 750 750 750 750 750 750 750 750 750 278 278 355 556 556 889 667 38 0 obj /XStep 8 /Length 15 /ItalicAngle 0 stream /FontName /ArialMT endstream The company can change its name by passing a special resolution and obtaining he approval of the Central Government. [750 750 750 750 750 750 750 750 750 750 750 750 750 750 750 750 750 750 750 stream Looks like you’ve clipped this slide to already. /PaintType 1 /Parent 2 0 R /Length 37 6 1 obj /Length 37 << You can change your ad preferences anytime. /Type /Pattern /Resources <> /Para <<>> Company incorporation under nca 2013 and rules there under, Formation of Company & Steps involved in it, Bba 1 ibo u 2.1 co. act, incorporation, moa, aoa, prospectus. >> endstream endstream /PatternType 1 x^3T0 ¢t�B.0B&�r�{�*��sr �t /Resources <> >> << 333 333 584 584 584 611 975 722 722 722 722 667 611 778 722 278 556 722 611 833 To register Online Tuitions on Vedantu.com to clear your doubts. >> /PatternType 1 401 1062 473 344 874 498 478 498 498 258 258 435 435 498 498 905 444 720 399 endstream /BBox [0 0 8 8] It may be noted in this connection that Section 11 provides that an association of more than ten persons carrying on business in banking or an association ... company by allotment of & 20,000 shares and $ 10,000 debentures and the balance in cash to Mr. Saloman. The MoA of the company contains the fundamental conditions upon which alone the company has been incorporated. /Filter /FlateDecode /PaintType 1 << /TilingType 1 453 525 453] A few of these advantages are tax-related and activities that will allow you to be protected from creditors. /YStep 8 >> endobj 722 778 667 778 722 667 611 722 667 944 667 667 611 333 278 333 584 556 333 /Resources <> >> /ImageMask true The revision notes help you revise the whole chapter in minutes. /PaintType 1 /TilingType 1 /XHeight 469 x^3T0 ¢t�B.0B&�r�{�Y(��sr �� 31 0 obj /BaseFont /Calibri-Bold /Type /Pattern /BBox [0 0 8 8] /Encoding /WinAnsiEncoding /MediaBox [0 0 612 792] /Descent -210 /Type /Pattern /TilingType 1 /TilingType 1 endobj /PatternF420FF97 58 0 R /PatternF421FF97 48 0 R /PatternF422FF97 38 0 R 9. /PatternF121FF97 51 0 R /PatternF122FF97 41 0 R /PatternF221FF97 50 0 R /FirstChar 0 /Length 37 >> 20 0 obj stream /BBox [0 0 8 8] /StemV 87 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. /TilingType 1 /Contents 59 0 R 21 0 obj /Resources <> >> 333 1000 667 333 1000 350 611 350 350 278 278 500 500 350 556 1000 333 1000 556 /Resources <> >> /Filter /FlateDecode /Type /Pattern A corporation is a business structure that allows owners to establish their company as a separate legal entity. /YStep 8 /Subtype /TrueType stream 12 0 obj /FontBBox [-665 -325 2000 1006] /Length 37 /XStep 8 /PatternType 1 /Filter /FlateDecode /Type /Pattern 390 342 498 338 336 301 563 598 268 303 252 435 539 658 691 702 463 606 606 /Filter /FlateDecode 16 0 obj endobj /Resources <> >> stream 9 0 obj Presented By: stream 47 0 obj << 56 0 obj x^3T0 ¢t�B.0B&�r�{榛)��sr ��� /YStep 8 /PatternType 1 of incorporation. /Resources <> >> endobj We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. >> 10 0 obj Promoter:-[Section 2(69)]- Definition: It means a person - Who has been named in prospectus or is identified by the company in annual return. /XStep 8 To get a word name, make sure to choose custom incorporationwhen you start incorporating online. /PatternC27FD50B 32 0 R /PatternC280D50B 31 0 R /PatternC281D50B 30 0 R /Encoding /WinAnsiEncoding CA Final Ind AS Summary cum Important Questions Compiler. It is very important for you to take note of all these items as they can affect the success and sustainability of your business in the long run. /Length 37 << endobj /BBox [0 0 8 8] /Filter /FlateDecode /Type /Pattern << x^3T0 ¢t�B.0B&�r�{�(��sr �u endobj << >> /Text] /XObject <> >> 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. endstream >> 49 0 obj << /Length 37 /FontName /Arial-BoldMT /PatternC285D50B 26 0 R /PatternF021FF97 52 0 R /PatternF022FF97 42 0 R >> The history of Indian Company Law began with the Joint Stock Companies Act of 1850. 58 0 obj /CapHeight 716 507 507 507 507 507 507 507 507 507 507 507 507 507 226 326 438 498 507 729 705 339 850 498 395 487 226 326 498 507 498 507 498 498 393 834 402 512 498 306 507 /FontDescriptor 23 0 R >> << << /PatternType 1 x^3T0 ¢t�B.0B&�r�{�[*��sr ��� endstream /YStep 8 8 0 obj >> /CapHeight 632 endstream /Flags 262176 42 0 obj stream endobj x^3T0 ¢t�B.0B&�r�{��(��sr �� /Resources <> >> 51 0 obj /Type /Pages The first step for incorporation of a company is to select the type of company the promoters or owners wish to form i.e. Formation of a Company Class 11 Revision Notes. << /BBox [0 0 8 8] endstream /Filter /FlateDecode endobj 6. stream /YStep 8 endobj /Length 36 /PaintType 1 /Type /Pattern /YStep 8 >> /BBox [0 0 8 8] It is the registration that brings a company into existence. 479 525 423 525 498 305 471 525 229 239 455 229 799 525 527 525 525 349 391 335 >> /Type /Font Warnings. /YStep 8 556 611 556 611 556 333 611 611 278 278 556 278 889 611 611 611 611 389 556 333 /Resources <> >> /YStep 8 x^�}ɒ�Hr�=�"N##� `s��3!�[�H��]�V��j.�1_. stream /PatternType 1 Memorandum of Association (MoA)is a document that is seen as a very important document for any company. endobj /Length 37 endobj endobj /XStep 8 You can use a different name to conduct business. stream /Length 37 /XStep 8 endobj /Widths 15 0 R << endobj x^3T0 ¢t�B.0B&�r�{�*��sr �~� /XStep 8 /YStep 8 /FontDescriptor 11 0 R /Pattern <> /ProcSet [/PDF /Type /Pattern /XStep 8 /YStep 8 /FirstChar 0 /ItalicAngle 0 Company Law Summary Notes for CA Intermediate November 2020 Exams. /YStep 8 >> endstream /Encoding /WinAnsiEncoding << If you continue browsing the site, you agree to the use of cookies on this website. /Creator (\(Foxit Advanced PDF Editor\)) 28 0 obj 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. /Length 37 endobj /BBox [0 0 8 8] /Length 15 /Type /XObject /Filter /FlateDecode x^3T0 ¢t�B.0B&�r�{�)��sr �s Complete your online application. /Type /Pattern 46 0 obj /MediaBox [0 0 612 792] We will begin by discussing the stages involved in setting up a private and public limited company. Ascertaining Availability of Name. 52 0 obj /XStep 8 /XStep 8 Section 7, 8 of Companies Bill 2012 Act, 2013 In my last blog post “Formation of Company”, I discussed the formation of company and its foundation documents; Memorandum, Articles and proposed/changed Name. /PatternType 1 /PatternF820FF97 54 0 R /PatternF821FF97 44 0 R /PatternF822FF97 34 0 R /Resources <> >> /YStep 8 /PaintType 1 /BBox [0 0 8 8] Since then a cumulative process of amendment and consolidation brought us to the most comprehensive and complicated piece of legislation, the Companies Act 1956. << 233 312 312 498 498 258 306 267 430 507 507 507 507 507 507 507 507 507 507 /LastChar 255 /Flags 32 /Resources <> >> << endobj >> 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). /TilingType 1 A numbered name is the simplest way to name your corporation because we assign the number. /ItalicAngle 0 /BBox [0 0 8 8] /TilingType 1 /Length 37 endstream /BBox [0 0 8 8] /CapHeight 716 /PaintType 1 /Resources <> >> endstream /Filter /FlateDecode endstream /Type /FontDescriptor /YStep 8 /Resources <> >> << /Length 37 /Filter /FlateDecode /PatternType 1 /PaintType 1 Incorporation is the legal process used to form a corporate entity or company. 14 0 obj endobj /YStep 8 /Length 37 43 0 obj 237 382 382 427 554 205 332 205 490 554 554 554 554 554 554 554 554 554 554 /Ascent 728 53 0 obj /XStep 8 /BBox [0 0 8 8] /XHeight 519 << endstream /Type /Catalog >> << /TilingType 1 /BaseFont /ArialMT 498 498 498 229 229 229 229 525 525 527 527 527 527 527 498 529 525 525 525 525 /PatternType 1 See our User Agreement and Privacy Policy. /YStep 8 /Type /Pattern The name of the corporation 2. /Length 37 (Plain) Subject- Indian Company Act 45, Anurag Nagar, Behind Press Complex, Indore (M.P.) 1. /XStep 8 /Ascent 750 stream >> stream 662 498 664 642 642 642 642 487 517 527 479 479 479 479 479 479 773 423 498 /PatternType 1 >> >> Download revision notes for Forms of Business Organisation class 11 Notes Business Studies and score high in exams. /Filter /FlateDecode >> A corporation is the resulting legal entity that separates the firm's assets and … /TilingType 1 504 547 504] << x^3T0 ¢t�B.0B&�r�{�)��sr �� /Length 37 >> /Length 37 285 1263 496 303 929 443 538 443 443 221 221 375 375 443 500 1000 285 679 430 /Type /Font /TilingType 1 623 623 623 623 866 563 575 575 575 575 324 324 324 324 665 681 653 653 653 653 /Resources <> >> >> /YStep 8 /Type /Pattern << x^3T0 ¢t�B.0B&�r�{�(��sr �e� /XStep 8 /BBox [0 0 8 8] /PaintType 1 /XStep 8 << stream endobj /BitsPerComponent 1 endobj /Length 36 /BBox [0 0 8 8] /Resources <> >> 658 658 658 658 658 658 658 658 658 658 658 658 658 220 286 393 619 506 890 688 /Filter /FlateDecode stream /PaintType 1 endobj /Descent -210 Various groundwork is carried out to bring a company into existence. The first step in the incorporation of any company is to choose an … /XStep 8 endstream /PatternType 1 >> /Subtype /TrueType /Type /Pattern /Filter /FlateDecode UPDATE: on 30th August 2013: Companies Bill 2012 became the Companies Act, 2013 (Act 18 of 2013). << /Resources <> >> >> /PaintType 1 x^3T0 ¢t�B.0B&�r�{榛(��sr ��� x^3T0 ¢t�B.0B&�r�{��+��sr �� /PaintType 1 endstream /Filter /FlateDecode The debentures carried a floating charge on the assets of the /TilingType 1 << stream /Type /Pattern 333 944 350 500 667 278 333 556 556 556 556 280 556 333 737 370 556 584 333 344 843 498 397 520 226 326 498 507 498 507 498 498 415 834 416 539 498 306 507 From the date of incorporation mentioned in the certificate, the company becomes a legal person separate from its shareholders. In this chapter, we will focus on the formation of a company class 11 notes. >> 54 0 obj << /Filter /FlateDecode A company becomes a body corporate distinct from its members. /Descent -250 488 547 441 555 488 303 494 552 278 266 524 271 832 558 531 556 547 414 430 338 /Filter /FlateDecode stream /FirstChar 0 >> stream endobj /Length 37 endstream Taking Meeting Notes Meeting Details - Write down the full name of your company, date and time of meeting, and location of meeting. >> /TilingType 1 /YStep 8 endobj 611 556 778 556 556 500 389 280 389 584 350 556 350 278 556 500 1000 556 556 endobj x^3T0 ¢t�B.0B&�r�{榛+��sr ��� 238 333 333 389 584 278 333 278 278 556 556 556 556 556 556 556 556 556 556 /TilingType 1 /FontBBox [-1475 -2463 2868 3117] /Resources <> >> 525 452 715 433 453 395 314 460 314 498 498 507 498 250 305 418 690 498 498 >> << /Length 36 40 0 obj /BBox [0 0 8 8] /PaintType 1 A public company can commence its business only after getting the ‘ … /PatternType 1 /Filter /FlateDecode /XStep 8 stream /XStep 8 << /YStep 8 556 556 556 278 278 278 278 611 611 611 611 611 611 611 549 611 611 611 611 /ICNAppPlatform (Windows) /Length 37 one person company, private company, public company, non-profit company etc. stream /PaintType 1 << 500 333 944 350 500 667 278 333 556 556 556 556 260 556 333 737 370 556 584 /BBox [0 0 8 8] /YStep 8 endstream endobj /Resources <> >> >> /Type /Pattern /FontName /Calibri /PaintType 1 /Length 37 All exercise questions with solutions to help you to revise complete syllabus and score more marks in … /Filter /FlateDecode << << /Resources <> >> /ModDate (D:20140916163700) /Filter /FlateDecode /Resources <> >> The promoter of a company should perform the following functions for getting the company registered under the Companies Act. >> endstream The term company, in its general sense, can be defined as a group of persons, associated together to achieve some common objective. endobj /Resources <> >> /Flags 32 /Type /Pattern /Type /Pattern With a word name, you have the legal right to use it across Canada once Corporations Canada approved your name. /Height 16 /TilingType 1 /Parent 2 0 R endobj /BBox [0 0 8 8] /XHeight 519 /YStep 8 5 0 obj /Contents 346 0 R /Width 16 x^3T0 ¢t�B.0B&�r�{榛*��sr ��� 30 0 obj /OCProperties <> <> <>] /Order [] >> Incorporated companies enjoy “corporate personhood,” meaning that, like a person, they have the right to enter into contracts, loan and borrow money, sue and be sued, and so on. These are the Forms of Business Organisation class 11 Notes Business Studies prepared by team of expert teachers. >> /XStep 8 /XStep 8 /Filter /FlateDecode 646 662 517 673 543 459 487 642 567 890 519 487 468 307 386 307 498 498 291 /TilingType 1 /Length 36 /PatternType 1 stream >> /TilingType 1 /TilingType 1 Note anyone who arrives late or anyone who leaves early. Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. /Filter /FlateDecode 264 264 554 554 554 422 885 623 611 563 662 575 537 611 687 324 307 629 537 815 stream /YStep 8 << The members' only liability is for the amount unpaid on their shares. /Type /Pattern /XStep 8 Best PDF Material for Jan/Feb 2021 Exams. /TilingType 1 endobj /TilingType 1 To register your company online, you can either click on the link … /FontBBox [-503 -307 1240 964] /Filter /FlateDecode /BBox [0 0 8 8] /Type /Pattern /PaintType 1 /YStep 8 endobj >> >> /PatternType 1 /XHeight 464 18 0 obj /Filter /FlateDecode /FontBBox [-628 -376 2000 1018] /PaintType 1 23 0 obj 17 0 obj /XStep 8 /Type /FontDescriptor /PatternType 1 /Type /Pattern 29 0 obj /Resources <> >> /CreationDate (D:20140912223036+05'30') 221 303 303 498 498 250 306 252 386 507 507 507 507 507 507 507 507 507 507 Clipping is a handy way to collect important slides you want to go back to later. This document includes: 1. /PatternF920FF97 53 0 R /PatternF921FF97 43 0 R /PatternF922FF97 33 0 R >> /FontDescriptor 20 0 R /LastChar 255 endstream /PatternType 1 /TilingType 1 /BBox [0 0 8 8] endobj >> endobj /PatternType 1 24 0 obj /PatternF520FF97 57 0 R /PatternF521FF97 47 0 R /PatternF522FF97 37 0 R >> endobj Note any members who are absent. /BBox [0 0 8 8] /Type /Pattern endobj In this document, the proper description of a seal of the company and its member’s names, address, professions, signatures are the most necessary. x^3T0 ¢t�B.0B&�r�{��)��sr �� /PatternType 1 /Resources <> >> /PageMode /UseNone >> x^3T0 ¢t�B.0B&�r�{�Z*��sr �� << stream /Encoding /WinAnsiEncoding The process of formation of a company may be divided into the following three stages: B.Com 3rd Sem. 2 0 obj << 737 552 400 549 333 333 333 576 556 333 333 333 365 556 834 834 834 611 722 722 Definition of a "Company" A company is a "corporation" - an artificial person created by law. 667 667 667 667 667 1000 722 667 667 667 667 278 278 278 278 722 722 778 778 /FirstChar 0 /CapHeight 667 << Promotion stage B. : 4262100, www.rccmindore.com 7 A. /Type /Page %PDF-1.6 /Subtype /TrueType Advertisement. 7 0 obj /Type /XObject Thanks! x^3T0 ¢t�B.0B&�r�{�Z(��sr �� Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. /Length 36 After Promotion, the second stage in the formation of a company is the registration or incorporation. Ph. /TilingType 1 /Filter /FlateDecode >> /XHeight 467 /BaseFont /Arial-BoldMT /Length 37 >> 33 0 obj /PatternType 1 /FontName /Cambria /FontDescriptor 14 0 R /Length 37 /PatternType 1 /XStep 8 CA Inter Company Law Top 100 Questions Compiler. /Resources <> >> endstream 57 0 obj /Resources <> >> << stream << Then, we will discuss the four stages in the formation of the company … /PaintType 1 /TilingType 1 /BBox [0 0 8 8] endobj Attendance - Write down who attends. /PatternType 1 stream 659 676 532 686 563 473 495 653 591 906 551 520 478 325 430 325 498 498 300 /Type /Pattern /ProcSet [/PDF /Text] >> /Descent -250 /PatternType 1 Download. /PatternF720FF97 55 0 R /PatternF721FF97 45 0 R /PatternF722FF97 35 0 R 15 0 obj Helpful 2 Not Helpful 4. /PatternType 1 endstream endstream /Resources <> >> 50 0 obj x^3T0 ¢t�B.0B&�r�{��*��sr �� 19 0 obj 45 0 obj /Length 22191 Creating articles of incorporation can help your business get access to corporate benefits. /Resources <> >> /XStep 8 endobj /Pages 2 0 R /Subtype /Image /Resources <> >> /Length 37 /BBox [0 0 8 8] << /TilingType 1 /Ascent 778 394 339 498 336 334 292 550 586 252 307 246 422 512 636 671 675 463 579 579 /ImageMask true >> endstream Officer names 4. Business purpose 5. 556 556 500 556 556 278 556 556 222 222 500 222 833 556 556 556 556 333 500 /Width 16 /XStep 8 >> /Length 36 /BBox [0 0 8 8] /TilingType 1 << /Subtype /TrueType /PaintType 1 36 0 obj /PatternC282D50B 29 0 R /PatternC283D50B 28 0 R /PatternC284D50B 27 0 R [658 658 658 658 658 658 658 658 658 658 658 658 658 658 658 658 658 658 658 503 503 503 246 246 246 246 537 537 538 538 538 538 538 498 544 537 537 537 537 stream >> /Resources <> >> /BBox [0 0 8 8] endobj /BaseFont /Calibri /BBox [0 0 8 8] /PaintType 1 /Count 5 /Filter /FlateDecode /Type /Pattern /XStep 8 endstream /CapHeight 632 endobj And activities that will allow you to be protected from creditors Questions Compiler into the three... Notes business Studies and score high in Exams person company, non-profit company.. Name of a company should have a MoA which is the second stage in the formation of clipboard. Registered company should have a MoA which is the second stage in the of! 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