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Discuss the stages of formation of a company. - Business Studies

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प्रश्न

Discuss the stages of the formation of a company.

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उत्तर

The following are stages of formation of a company:
a. Promotion of the company: The stage of promotion refers to the process of discovering the idea of the formation of a company and developing it into a concrete form. The stage starts when an individual or a group of individuals discovers an idea for a business that has the potential to be converted into a successful business opportunity.
b. Incorporation of the company as a separate legal entity: The stage of incorporation consists of applying for and obtaining the certificate of incorporation after which the company becomes a valid entity in the eyes of the law.
c. Subscription of capital in the form of shares and debentures: The stage of capital subscription involves raising capital from the public through the subscription of shares.
d. Commencement of business after the completion of the formalities mentioned above: This stage consists of the completion of the formalities and commencement of business by the company.

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Formation of a Company
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अध्याय 7: Formation of a Company - Long Answers [पृष्ठ १८०]

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एनसीईआरटी Business Studies [English] Class 11
अध्याय 7 Formation of a Company
Long Answers | Q 6 | पृष्ठ १८०

संबंधित प्रश्न

Choose the correct option for the following
Minimum number of members to form a public company is


Multiple Choice Question:

A proposed name of the Company is considered undesirable if


True/False Answer Question:

Statement in lieu of prospectus can be filed by a public company going for a public issue.


True/False Answer Question:

Every company must file Articles of Association


True/False Answer Question:

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.


Write a word or a term or a phrase which can substitute the following statement.

Term which means registering a company as per provisions of Companies Act, 2013


Write a word or a term or a phrase which can substitute the following statement.

The Birth Certificate of a company.


State whether the following statement is True or False.

Promoters can make secret profits while setting up a company.


State whether the following statement is True or False.

In India, companies have to be incorporated as per the provisions of Companies Act, 2013.


State whether the following statement is True or False.

Every Director has to quote his DIN while giving his consent to be a Director of a company.


State whether the following statement is True or False.

All companies need Certificate of Incorporation.


Find the odd one.


Find the odd one.


Complete the sentence.

Promoters are the persons who undertake the process of _______.


Complete the sentence.

The document issued by the Registrar of companies when a company is incorporated is called as _______.


Complete the sentence.

On incorporation of a company, the ROC allots a unique identity number called as ______. 


Select the correct option form the given option:

Group A

Group B

Promoters

________


Select the correct option form the given option:

Group A

Group B

RUN is used for

_______

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