Question

Multiple Choice Question:

Stages in the formation of a public company are in the following order

Options

• Promotion, Commencement of Business, Capital

•  Incorporation, Capital Subscription, Promotion

• Promotion, Incorporation, Capital Subscription,

• Capital Subscription, Promotion, Incorporation,

Answer 1

In the case of a public company, its formation follows the stages given below.

(a) Promotion

(b) Incorporation

(c) Capital Subscription

(d) Commencement of business

Hence, the correct answer is option Promotion, Incorporation, Capital Subscription.