Piyush and Prateek have decided to convert their partnership form of business into a
Private Ltd. 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 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 documents prepared and then
contact him for further information on the remaining documents.
3
a. Identify the various documents been described in the para.
b. Also, mention the remaining documents which needs to be filed with the registrar of
the companies for the registration.
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