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A company is said to have been registered when?
- a)It files Memorandum of association and Articles of Association.
- b)It gets incorporation certificate with the Registrar of Companies.
- c)It gets certificate for commencement of business.
- d)It actually starts its business.
Correct answer is option 'B'. Can you explain this answer?
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A company is said to have been registered when?a)It files Memorandum o...
Registration of a Company
A company is a legal entity that is registered under the Companies Act, 2013. Registration of a company is a legal process that involves several steps. The registration process of a company is complete when it has obtained an incorporation certificate from the Registrar of Companies. Let us understand the registration process of a company in detail.
Memorandum of Association and Articles of Association
The first step in the registration of a company is to prepare the Memorandum of Association (MOA) and Articles of Association (AOA). MOA contains the fundamental details of the company, such as the name of the company, its registered office, the objectives of the company, and the capital structure. AOA contains the internal rules and regulations of the company.
Incorporation Certificate
Once the MOA and AOA are prepared, the company files an application for registration with the Registrar of Companies (ROC) along with the necessary documents, such as the MOA, AOA, and a list of directors. If the ROC is satisfied that all the requirements have been complied with, it issues an incorporation certificate.
Certificate for Commencement of Business
If the company has share capital, it is required to obtain a certificate of commencement of business. This certificate is issued by the ROC after the company has completed certain formalities, such as the filing of a declaration stating that the minimum subscription has been received.
Actual Commencement of Business
After obtaining the incorporation certificate and certificate of commencement of business (if required), the company can commence its business activities.
Conclusion
Therefore, the correct answer is option B, which states that a company is said to have been registered when it obtains an incorporation certificate from the Registrar of Companies.
A company is a legal entity that is registered under the Companies Act, 2013. Registration of a company is a legal process that involves several steps. The registration process of a company is complete when it has obtained an incorporation certificate from the Registrar of Companies. Let us understand the registration process of a company in detail.
Memorandum of Association and Articles of Association
The first step in the registration of a company is to prepare the Memorandum of Association (MOA) and Articles of Association (AOA). MOA contains the fundamental details of the company, such as the name of the company, its registered office, the objectives of the company, and the capital structure. AOA contains the internal rules and regulations of the company.
Incorporation Certificate
Once the MOA and AOA are prepared, the company files an application for registration with the Registrar of Companies (ROC) along with the necessary documents, such as the MOA, AOA, and a list of directors. If the ROC is satisfied that all the requirements have been complied with, it issues an incorporation certificate.
Certificate for Commencement of Business
If the company has share capital, it is required to obtain a certificate of commencement of business. This certificate is issued by the ROC after the company has completed certain formalities, such as the filing of a declaration stating that the minimum subscription has been received.
Actual Commencement of Business
After obtaining the incorporation certificate and certificate of commencement of business (if required), the company can commence its business activities.
Conclusion
Therefore, the correct answer is option B, which states that a company is said to have been registered when it obtains an incorporation certificate from the Registrar of Companies.
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Community Answer
A company is said to have been registered when?a)It files Memorandum o...
- A company is considered registered when it receives a certificate of incorporation from the Registrar of Companies.
- This certificate is a legal document that signifies the company's official formation and existence.
- Filing the Memorandum of Association and Articles of Association is part of the registration process but doesn't complete it.
- The certificate for commencement of business and starting business operations occur after registration.
- Thus, option B is correct because it marks the official registration and existence of the company.
- This certificate is a legal document that signifies the company's official formation and existence.
- Filing the Memorandum of Association and Articles of Association is part of the registration process but doesn't complete it.
- The certificate for commencement of business and starting business operations occur after registration.
- Thus, option B is correct because it marks the official registration and existence of the company.
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A company is said to have been registered when?a)It files Memorandum of association and Articles of Association.b)It gets incorporation certificate with the Registrar of Companies.c)It gets certificate for commencement of business.d)It actually starts its business.Correct answer is option 'B'. Can you explain this answer?
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A company is said to have been registered when?a)It files Memorandum of association and Articles of Association.b)It gets incorporation certificate with the Registrar of Companies.c)It gets certificate for commencement of business.d)It actually starts its business.Correct answer is option 'B'. Can you explain this answer?, a detailed solution for A company is said to have been registered when?a)It files Memorandum of association and Articles of Association.b)It gets incorporation certificate with the Registrar of Companies.c)It gets certificate for commencement of business.d)It actually starts its business.Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of A company is said to have been registered when?a)It files Memorandum of association and Articles of Association.b)It gets incorporation certificate with the Registrar of Companies.c)It gets certificate for commencement of business.d)It actually starts its business.Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an
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