Question

Piyush and Prateek have decided to convert their partnership form of business
organisation into a Private Limited Company on the advice of their friend Prerak. Prerak
advises them on certain documents which need to be attached with the application
for registration of the company. He asks them to get a document prepared, which will
define the relationship of the company with outsiders. In addition to this, a document
containing the rules of internal management of the company should also be prepared,
which will indicate how the objectives of the company are to be achieved. Furthermore,
the directors of the proposed company have to give an undertaking to purchase the
qualification shares. He asks them to first get these three documents prepared and then
contact him for further information on the remaining documer ts.
(a) Identify the various documents been described in the above lines.
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Answer 1

Answer:

Informative Documents.

Negative Documents.

Persuasive Documents.

Building Goodwill.

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Answer 2

Answer:

memorandom of association

article of association