What are different stages involved in formulation of company?
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STAGES IN FORMATION OF COMPANY IN INDIA (PRIVATE LIMITED)
(i) Promotion is the first step towards formation of company .
(ii) Incorporation is the second step towards formation of company .
(iii) Commencement of business is the ultimate or final stage towards formation of company .
STAGES IN FORMATION OF COMPANY IN INDIA (PUBLIC LIMITED)
(i) Promotion
(ii) Incorporation
(iii) Subscription of capital
(iv) Commencement of business
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