Question

9. What is incorporation of a company? Explain in detail the steps and formalities for incorporation of a company.​

Answer 1

Answer:

A company comes into existence is generally by a process referred to as incorporation. Once a company has been legally incorporated, it becomes a distinct entity from those who invest their capital and labour to run the company. ... Such a person is called the promoter of the company.

Steps in Incorporation of a Company

Ascertaining Handiness of Name. ...

Preparation of Memo of Association and Articles of Association- ...

Printing, Linguistic Communication, and Stamping, Vetting of Memo and Articles. ...

Power of Attorney. ...

Statutory Declaration. ...

Payment of Registration Fees. ...

Certificate of Incorporation.