Formation of company stages

What are the four stages of formation of company?

• Promotion, Capital subscription, Incorporation and loan for business

• Commencement of business, Hire employees, Incorporation and Name approval

• Promotion, Incorporation, Capital subscription and Commencement of Business

• Hire employees, Loan for Business, Filing of necessary documents, Commencement of Business

How many stages a private company has to undergo ?

• One Stage

• Two Stages

• Three Stages

• Four Stages

How many stages a Public company has to undergo ?

• Four Stages

• Three Stages

• One Stage

• Two Stages

What are the documents required for Formation of company?

• The name clause, Objects Clause, Allotment of Shares, Filing of Prospectus

• Allotment of Shares, Register office Clause, Capital Clause

• Objects Clause, Name Clause, Register Office clause, Liability clause and Capital clause

• Filing of Prospectus, Name Clause, Register Office clause, Liability clause and Capital clause

Minimum number of members to form a private company is------------

• 2

• 3

• 5

• 7

Minimum number of members to form a public company is-----

• 5

• 7

• 12

• 21

Application for approval of name of a company is to be made to------------------------------

• Government of the State in which Company is to be registered

• Registrar of Companies

• SEBI

• Government of India

A proposed name of Company is considered undesirable-----------------

• It is identical with the name of an existing company

• It resembles closely with the name of an existing company

• It is an emblem of Government of India, United Nations etc.

• In case of any of the above

It is necessary to get every company incorporated, whether private or public.

• True

• False

A company cannot come into existence without:

• Issuing a prospectus

• Getting certificate of incorporation

• Electing Directors

• All of these