Incorporation of the company: It means registration of the company under Companies Act, 1956. The second stage involves the following steps:
1. Filling of documents: An application to the registrar for incorporation must be accompanied with following documents:
- Memorandum of Association;
- Articles of Association or statement in lieu of the prospectus (in case table A is adopted by public limited company);
- Written consent of proposed directors;
- Agreement (if any) with proposed managing director, manager, etc.;
- Copy of registrar’ letter approving the company’ name;
- Statutory declaration;
- Notice of the exact address of the registered office.
2. Payment of fees: Along with the above documents, necessary fees is to be paid.
3. Certificate of incorporation: The registrar issues a certificate of incorporation after being satisfied. Certificate is a conclusive evidence of regularity of incorporation of a company irrespective of any deficiency in its registration.
