The Companies Act, 1956 prescribes specific procedures for incorporation and registration of companies. In view of the coronavirus pandemic, we are making On hearing about the available name, the promoter has to decide the name for the company.The promoter should then prepare and file the following documents with the Registrar of Joint Stock Companies. A company can be formed either by:— (i) incorporation of a new company; or (ii) conversion of existing business (sole proprietorship concern or partnership firm or co-operative societies) into company under the provisions of Chapter IX and Chapter IXA of the Companies Act, … The difference between incorporation and registration should be understood when forming a business. The company will be considered to be a legal entity from this date.After the above documents are filed with the Registrar and the prescribed fees are paid and the Registrar is satisfied that all the requirements of the Act regarding the registration have been complied with, he will register the documents and retain them.The Registrar will then issue a certificate known as According to Companies Act, the certificate is conclusive evidence that all the requirements of the Act in regard to the formation and registration of the company have been complied with. Steps that are to be followed give the basis for rejection or acceptance of application of the form. Have a doubt at 3 am? For this purpose, immediately after the incorporation, a meeting of the Board of Directors is conducted to deal with the following business:Besides the above mentioned business, the Board also decides as to whether-After the above formalities have been completed, the Directors of the company file a copy of the prospectus with the Registrar and invite the public to subscribe into the shares of the company by putting the prospectus in circulation.Applications for shares are received from the public through the company’s bankers and if the subscribed capital is equal to the minimum subscription amount as disclosed in the prospectus, and other requirements of a valid allotment are fulfilled, the directors of the company pass a formal resolution of allotment.Allotment letters are then posted, return of allotment is filed with the Registrar and share certificates are issued to the allottees in exchange of the allotment letters.No allotments can be made or money paid for the subscription of shares will be refunded if the total subscribed capital is less that the minimum subscription of if the company does not obtain the minimum subscription within 120 days from the issue of prospectus.It may be noted that a public company having a share capital, but not issuing a prospectus has to file with the Registrar a Statement in lieu of Prospectus at least 3 days before the directors proceed to pass the resolution of first allotment. 3. Join courses with the best schedule and enjoy fun and interactive classes. Is it possible to change a running company? Your ability to attract investors and raise money for your business will be easier. You need to decide if a company suits your needs or if you should use a different business structure. If the documents for registrations are found in order, the Registrar will register the company and a Registration number is allotted.The Registrar under his hand and Seal of his office will issue a Certificate of Incorporation. Letter of Registrar of Companies about the Availability of Name Creating a corporation also protects the business owner from losing personal assets if the company is sued. Controls the affairs of a company, directly or indirectly. In this article, we will understand all such rules and documents listed in the Act. Our experts are available 24x7. Fast Track Registration under INC-29. Neither the Court nor the Registrar can cancel the Certificate of Incorporation even if the company is formed for an illegal purpose.2.