COMPANY- FORMATION

1. CHAPTER – 6
FORMATION OF A COMPANY

2. STAGES IN THE FORMATION OF A
COMPANY
COMMENCEMENT
OF BUSINESSINCORPORATIONPROMOTION

3. PROMOTION

4. Meaning
Promotion means the initial
work involved in bringing a
business concern into existence
and making arrangement for its
proper running

5. PROMOTER
PROMOTER IS A PERSON WHO
UNDERTAKES TO FORM A NEW COMPANY
AND CARRIES OUT ALL THE PRELIMINARY
WORK IN CONNECTION WITH ITS
ESTABLISHMENT AS A GOING CONCERN

6. TYPES OF PROMOTERS
PROFESSIONAL
PROMOTERS
OCCASIONAL
PROMOTERS
ENTREPRENEUR
PROMOTERS
FINANCIER
PROMOTERS

7. FUNCTIONS OF PROMOTERS
NAMING A COMPANY
APPOINTMENT OF
BANKERS,BROKERS,UNDERWRITERS
PREPARING PRELIMINARY DOCUMENTS
DETAILED INVESTIGATION
ENTERING INTO PRELIMINARY CONTRACTS
DISCOVERY OF BUSINESS IDEA
ASSEMBLING FACTORS OF PRODUCTION

8. PRELIMINARY DOCUMENTS
MEMORANDUM OF ASSOCIATION
ARTICLES OF ASSOCIATION
PROSPECTUS/STATEMENT IN LIEU OF PROSPECTUS
LIST OF DIRECTORS
WRITTEN CONSENT OF DIRECTORS
STATEMENT OF AUTHORISED CAPITAL
STATUTORY DECLARATION BY THE SOLICITOR

9. INCORPORATION
FORM OF
COMPANY
APPROVAL OF
NAME
FILING OF
NECESSARY
DOCUMENTS
PAYMENT OF
FEES
REGISTRATION
CERTIFICATE
OF
INCORORATION

10. THANK YOU