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Company Formation Essentials

Yes or No

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A quick true/false on forming a company.

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India

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Company Formation Essentials
 

Company Formation EssentialsOnline version

A quick true/false on forming a company.

by Tanishq Yadav
1

All shareholders have equal voting rights regardless of share type.

2

Is ‘Promoter’ the person who conceives the idea of a business?

3

Can a private company start business immediately after obtaining a Certificate of Incorporation?

4

Is a Prospectus compulsory for every type of company?

5

Is the Memorandum of Association also called the “charter” of the company?

6

Is a Certificate of Commencement of Business required for a public company?

7

A company can be formed without any government filing.

8

Is the Registrar of Companies responsible for issuing the Certificate of Incorporation?

9

Is the liability of members in a company always unlimited?

10

Initial steps include choosing a business name and registering it.

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