Law

Formation of Company

Formation of Company

The formation of company is a three-stage process entailing which is Promotion, Registration or incorporation and Commencement of business.The method by which a business is incorporated or placed in the shape to be a corporate body or floated by issuing shares would be the promotion area of the job. When a business is formed, the promoters have to aquire that registered using the Registrar of Mutual Stock Companies in addition to Firms. For Registration the promoters should select a name for that company and get it checked at the conclusion of the Registrar so that it is searched that no other business exists by that name.