Documents Required For Formation Of Company Class 11
List the documents required for the incorporation of a company. All the Copies of documents must be Self Attested by the applicant.
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We have provided Formation of a Company Class 11 Business Studies MCQs Questions with Answers to help students understand.
Documents required for formation of company class 11. The first step involved in forming the company is the incorporation of the company. Check the below NCERT MCQ Questions for Class 11 Business Studies Chapter 7 Formation of a Company with Answers Pdf free download. Stages in formation.
What is a prospectus. Which have to be submitted under the law. Documents Required to be Submitted i Memorandum of Association ii Articles of Association iii Consent of Proposed Directors iv Agreement v Statutory Declaration vi Payment of Fee.
This involves taking the initiative to form a company and promoting it. You must retain these important documents ideally at your registered office address because you will need to refer to them throughout the lifetime of your company. In order to get the company registered the important documents required to be filed with the Registrar of Companies are as follows.
Memorandum of Association MoA is a document that is seen as a very important document for any company. This document must be signed by at least seven members in the case of a public company and by two persons in the case of a private company. Documents to be Signed by DIRECTORS.
Vi Preparation of Necessary Documents The promoter takes up steps to prepare certain legal documents. We have compiled NCERT MCQ Questions for Class 11 Business Studies Chapter 7 Formation of a Company with Answers Pdf free download. DOCUMENTS OF COMPANIES Memorandum of Association MoA Article of Association AoA.
This is most important in forming a company. It is to be signed by a minimum of 7 persons for a public company and by 2 in case of a pvt company. Telephone Bill Mobile BillElectricity Bill Bank Account Statement must be in the name of applicant and should not be older than 2 months.
Company formation documents are the key pieces of documentation issued after the successful registration of a new limited company. This step involves the formation of the company as a separate legal entity. Formation of a company is a long and complicated process.
Meaning A business enterprise is an institutional arrangement to form any business activity. Classification On the basis of ownership business enterprises can broadly be classified into the following categories. Step 1 Promotion Of A Company.
Explain the term Minimum Subscription. Briefly explain the term Return of Allotment. The following are the main clauses of the MoA.
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Name the stages in the formation of a company. C Subscription of capital. In this document the proper description of a seal of the company and its members names address professions signatures are the most necessary.
After the incorporation of the company there are other procedures that are to be followed by the company before it can commence its business. CONTENTS FORMATION OF COMPANY Definition. Is it necessary for every company to file aprospectus.
MCQ Questions for Class 11 Business Studies with Answers were prepared according to the latest question paper pattern. Practicing these Formation of a Company Class 11 Business Studies MCQs Questions with Answers really effective. A memorandum of association MoA is the most essential document in the formation of a company as it highlights the companys main objectives and goals.
The formation of a company is a complex process which involves various stages. The following are the sequential stages. FORMATION OF COMPANIES PRESENTED BY- NITEEN P 2.
Step 2 Registration Of A Company. MCQ Questions for Class 11 Business Studies with Answers were prepared based on the latest exam pattern. In this stage funds are raised in the form of shares and.
This document is required at the time of the incorporation of any company. Formation of companies 1. Having a promoter will be the first step in your company formation and it is here where the talks and ideas are brought forth about building the company.
CBSE Class 11 Business Studies Revision Notes CHAPTER. 4 Steps In The Formation Of A Company.
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