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STEPS IN FORMATION OF
COMPANY
MOA
AOA
PROSPECTUS UNDER GUIDENCE OF
MRS. JAYA JAIN
Ass. professor
SRMGPC , LKO
INTODUCTION •Steps in formation of
company
• Promotion of a Company
• Registration of a Company
• Certificate of Incorporation
• Commencement of the Business.
Promotion of a Company
Registration of a Company
Certificate of Incorporation
Commencement of the
Business.
• The process of business promotion begins with the conceiving of
an idea and ends when that idea is translated into action i.e., the
establishment of the business enterprise and commencement of
its business.
• conceives the idea of starting a business and takes all the
measures required for bringing the enterprise into existence.
• It is registration that brings a company into existence. A company
is properly formed only when it is duly registered under the
CompaniesAct.
• The Registrar then scrutinizes the documents. If he is satisfied he
issues a certificate known as ‘Certificate of Commencement of
Business’.This is the conclusive evidence for the Commencement
of Business.
Procedure of
Registration
• Memorandum of Association:
• Articles of Association:
• List of Directors:
• Written consent of the Directors:
• Notice of the Address of the RegisteredOffice:
• Statutory Declaration:
MOA
• Memorandum of Association (MOA) is
a legal document prepared in the formation and
registration process of a limited liability company to
define its relationship with shareholders. ...
The MOA and the Articles ofAssociation serve as the
constitution of the company.
Object of registering a
Memorandum of Association
• he MOA of a company contains the object for which the
company is formed.
• It identifies the scope of its operations and determines
the boundaries it cannot cross.
• It is a public document according to Section 399 of the
Companies Act, 2013. Hence,
any person who enters into a contract with the company is
expected to have knowledge of the MOA.
Format of Memorandum of
Association (MOA)
According to Section 4 of the
Companies Act, 2013,
• Foundation
• Forum
• Association
• Federation
• Chambers
• Confederation
• Council
• ElectoralTrust, etc
AOA
Articles of
Association
• Every company needs a set of rules and regulations to
manage its internal affairs.
• There are two important business documents of a company,
namely,
• Memorandum of Association (MOA)
• Articles of Association (AOA).
FORMATE
OF AOA
• Regulations
• The AOA must contain the regulations for
the management of the company.
• Inclusion of matters
• The Articles must specify all matters, in accordance with
the rules. Furthermore, a company can include additional
matters deemed necessary for its management.
• Provisions for entrenchment
• Entrenchment means fortification or protection.
prospectus
• A prospectus is a formal legal document that is
required by and filed with the
• Securities and Exchange Commission (SEC)
• preliminary prospectus
• final prospectus
• offering price
• investment strategies
This final
prospectus
must contain:
• Description of the offering
• History of the business
• Description of management
• Price
• Date
• Selling discounts
• Use of proceeds
• Description of the underwriting
• Financial information
• Risks to buyers
• Legal opinion regarding the formation of the company
• SEC disclaimer
PRESENTED
BY
ABHINAV CHANDRA
MBA – II SEM
cabhinav602@gmail.com
9044582389
PRESENTED BY -
•1812270001
•1812270002
•1812270003
•1812270004

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Steps to Form a Company MOA, AOA & Prospectus

  • 1. STEPS IN FORMATION OF COMPANY MOA AOA PROSPECTUS UNDER GUIDENCE OF MRS. JAYA JAIN Ass. professor SRMGPC , LKO
  • 2. INTODUCTION •Steps in formation of company • Promotion of a Company • Registration of a Company • Certificate of Incorporation • Commencement of the Business.
  • 3. Promotion of a Company Registration of a Company Certificate of Incorporation Commencement of the Business. • The process of business promotion begins with the conceiving of an idea and ends when that idea is translated into action i.e., the establishment of the business enterprise and commencement of its business. • conceives the idea of starting a business and takes all the measures required for bringing the enterprise into existence. • It is registration that brings a company into existence. A company is properly formed only when it is duly registered under the CompaniesAct. • The Registrar then scrutinizes the documents. If he is satisfied he issues a certificate known as ‘Certificate of Commencement of Business’.This is the conclusive evidence for the Commencement of Business.
  • 4. Procedure of Registration • Memorandum of Association: • Articles of Association: • List of Directors: • Written consent of the Directors: • Notice of the Address of the RegisteredOffice: • Statutory Declaration:
  • 5. MOA • Memorandum of Association (MOA) is a legal document prepared in the formation and registration process of a limited liability company to define its relationship with shareholders. ... The MOA and the Articles ofAssociation serve as the constitution of the company.
  • 6. Object of registering a Memorandum of Association • he MOA of a company contains the object for which the company is formed. • It identifies the scope of its operations and determines the boundaries it cannot cross. • It is a public document according to Section 399 of the Companies Act, 2013. Hence, any person who enters into a contract with the company is expected to have knowledge of the MOA.
  • 7. Format of Memorandum of Association (MOA) According to Section 4 of the Companies Act, 2013, • Foundation • Forum • Association • Federation • Chambers • Confederation • Council • ElectoralTrust, etc
  • 8. AOA Articles of Association • Every company needs a set of rules and regulations to manage its internal affairs. • There are two important business documents of a company, namely, • Memorandum of Association (MOA) • Articles of Association (AOA).
  • 9. FORMATE OF AOA • Regulations • The AOA must contain the regulations for the management of the company. • Inclusion of matters • The Articles must specify all matters, in accordance with the rules. Furthermore, a company can include additional matters deemed necessary for its management. • Provisions for entrenchment • Entrenchment means fortification or protection.
  • 10. prospectus • A prospectus is a formal legal document that is required by and filed with the • Securities and Exchange Commission (SEC) • preliminary prospectus • final prospectus • offering price • investment strategies
  • 11. This final prospectus must contain: • Description of the offering • History of the business • Description of management • Price • Date • Selling discounts • Use of proceeds • Description of the underwriting • Financial information • Risks to buyers • Legal opinion regarding the formation of the company • SEC disclaimer
  • 12. PRESENTED BY ABHINAV CHANDRA MBA – II SEM cabhinav602@gmail.com 9044582389