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1. Commencement &
Incorporation of a Company

2. Commencement
of Business

3. Companies issuing a Prospectus
Companies which do not issue
a Prospectus

4. Incorporation

5. • Ascertainment of Availability of
Proposed Name of Company
• Application for Licence
• SEBI’s Approval to the Draft
Prospectus

6. Preparation of MoA
• Name Clause
• Situation Clause
• Object Clause
• Liability Clause
• Capital Clause
• Association Clause

7. Preparation of AoA
(Articles of Association)

8. Preparation
of the
Prospectus

9. Fixation of the
Underwriters, Brokers,
Solicitors, Auditors, etc.

10. • Filing of the Documents &
Payment of Necessary Fees
• Obtaining Certificate of
Incorporation

11. Allotment
of Shares

12. Minimum Subscription
Application Money

13. Thank You