Minimum number of members to form a private company is
Minimum number of members to form a public company is
Application for approval of name of a company is to be made to
A proposed name of the Company is considered undesirable if
A prospectus is issued by
Stages in the formation of a public company are in the following order
Preliminary Contracts are signed
Preliminary Contracts are
It is necessary to get every company incorporated, whether private or public.
Statement instead of the prospectus can be filed by a public company going for a public issue.
A company can commence business after incorporation.
Experts who help promoters in the promotion of a company are also called promoters.
A company can ratify preliminary contracts after incorporation.
If a company is registered based on fictitious names, its incorporation is invalid.
‘Articles of Association’ is the main document of a company.
Every company must file Articles of Association.
If a company suffers heavy issues and its assets are not enough to pay off its liabilities, the balance can be recovered from the private assets of its members.
Name the stages in the formation of a company.
List the documents required for the incorporation of a company.
What is a prospectus? Is it necessary for every company to file a prospectus?
Briefly explain the term ‘Return of Allotment’.
At which stage in the formation of a company does it interact with SEBI?
What is meant by the term ‘Promotion’? Discuss the legal position of promoters with respect to a company promoted by them.
Explain the steps taken by promoters in the promotion of a company.
What is a ‘Memorandum of Association’? Briefly explain its clauses.
Distinguish between ‘Memorandum of Association’ and ‘Articles of Association.’
What is the meaning of ‘Certificate of Incorporation’?
Discuss the stages of formation of a company?