fuglysearchers

After various feasibility studies the promoter will start preparing for getting the firm register.The step are as follows: 1.Name Approval:After the feasibility studies promoter have to select a name and take approval    of registrar.It is check because some name might be used already or to ensure that the name is not misleading. 2.Deciding signatories to MOA(Memorandum of Association):The people who will sign MOA will become the first directors of the company.So,it will be decided who will sign MOA. 3.Appointment of Professionals & Preparation of Documents:The promoter have to decide about the professionals who will perform the banking facilities and take care of accounts and audits.Their name and address of all share holders also has to be given to the registrar. Preparation of documents to be prepared - Memorandum of Association and Article of  Association.MOA deals with all the issues related to the rules and regulati...

There are various forms of business organization that a person having money and vision can start.They are as follows: ·          Sole partnership or Sole Trade ·          Partnership ·          Joint Hindu Family Business ·          Co-operative Societies ·          Joint Stock Company ·          Joint Stock Company: This is a form of organization governed by Companies Act,1956.Company is an artificial person with separate legal entity.Perpetual succession and a common real share holder are the owners and board of directors is the decision makingbody.Ownership and management are in different hands. (Perpetual Succession-Continuously going on) 1.        Artificial Person:In the eyes ...