STEPS REQUIRED FOR THE FORMATION OF A COMPANY: The followings steps are essential for the formation of a Company. They are
1. Name of a Company & Location of the registered address of the said Company.
2. The amount and forms of its capital
3. Preparation of Memorandum of Association (MOA) u/s 4 and Article of Association(AOA) u/s 5.
4. Registration of the Company according to the provision of the Act, 2007. (Sec. 7) .
5. The capital subscription must be raised and thereafter the allotment of shares must be made.
6. The prospectus must be issued and registered with the Registrar.
7. To arrange for loans and other financial assistance from various financial institutions.
8. To obtain certificate of Incorporation (FORM NO. INC 11) of the business from the Registrar