What do you mean by the incorporation of a company? What are the steps involved in the corporation of a company?

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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’s letter approving the company’s 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.

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