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How to Start a Company? - Coggle Diagram
How to Start a Company?
Who will start a company?
Promotor
Functions of Promotor
Name approval
Fixing up Signatories
Feasibility studies
Economical
Financial
Technical
Appointment of professionals
Preparation of necessary
documents
Identification of business
opportunity:
How will it work after starting?
Rules For Outsiders
Memorandum of Association
Objects clause
Liability clause
Registered office clause
Capital clause
Name clause
Rules For Insiders
Number and value of shares
Issue of Debentures and stocks
Audit committee.
Dividends and reserves
Meetings and rules regarding committees
What is the procedure for starting a company?
Required Documents
Consent of Proposed Directors
Agreement
Articles of Association
Statutory Declaration
Memorandum of Association
Receipt of Payment of fee