new organization, that not in the world,memorandum of association, artical of association

2. Business Finance
 Group Name:
 Optimus
 Group Member:
 Zohaib Abid.
 Muhammad Awais
 Umar Khalid.

3. PROJECT
 Ecofer.
As the name describe eco mean
(environmental) and fer mean (
friendly) the device use to conversion
of mainly CO2 gas in to Oxygen.

4. Need Analysis
 Global Warming:
A gradual increase in
the overall temperature of the
earth's atmosphere generally
attributed to the greenhouse
effect caused by increased
levels of carbon dioxide,
chlorofluorocarbons, and other
pollutants.
 Ozone Depletion:
Ozone depletion
describes two distinct but
related phenomena
observed since the late
1970s: a steady decline of
about four percent in the
total amount of ozone in
Earth's stratosphere (the
ozone layer), and a much
larger springtime decrease
in stratospheric ozone
around Earth's polar regions.

5. NATURES OF BUSINESS
 Photosynthesis allows plants, bacteria, and algae to take carbon
dioxide and, with the help of a little sunlight, turn it into the oxygen
we all breathe. But now we have taken photosynthesis out of the
equation and have managed to make oxygen (O2) by zapping
carbon dioxide (CO2) with a panel that work with solar system &
also with fuel.
 Carbon dioxide, when its bonds are broken into its component
parts, takes the "minimum energy path," meaning it will break into
one oxygen atom and a carbon monoxide molecule (CO)
 Oxygen is use for environment friendly and CO is use for fuel in the
working of product.

6. Eco Fer:
 The company make a device
that convert CO2 gas into
Oxygen to provide the oxygen
in the atmosphere. This
system helpful for
environment and also for
human.
 The equilibrium represented
by the equation
2CO2 ⇔ 2CO + O2

7. Usage of raw materials:
 Usage of CO:
 Carbon monoxide is a
very important industrial
compound.
 In the form of producer
gas or water gas, it is
widely used as a fuel in
industrial operations.
 The gas is also an
effective reducing agent.
For example, when carbon
monoxide is passed over
hot iron oxides, the oxides
are reduced to metallic
iron.
 Usage of Oxygen:
 Oxygen is used by
animals and plants in the
respiration (breathing)
process
 The majority of the oxygen
used in industry is used in
the manufacturing of steel.
 Oxygen is mainly use for
the purpose of combustion
 Oxygen is also present in
those this which are
eatable by mankind

8. Ecofer company:
 By developing the legal document o a company we will take
the following steps.
 Memorandum of association.
 Articles of association.

9. Memorandum of association:
 In Memorandum of Association, company of name is stated.
Name of public company ends with limited and name of
private company ends with Private company.
 It states name of place, where registered office of company is
to be situated.
 It states that what kind of Business Company wants to do..

10. Article of association:
 It describe the rules and regulation of an organization that
what a company want to do in the business
 It take necessary measures in order to prevent pollution, to
conserve and use rationally the natural resources required for
its operations and implement relevant emergency response
plans and procedures.
 measure and management system in order to ensure that its
operations are managed ecologically and in a sustainable
way