Company form of organization is most accepted form of businesses. In India, companies are incorporated as per the provisions contained in Companies Act 2013.
Incorporation is the legal process used to form a corporate entity or company. Once a company has been legally incorporated, it will become a distinct entity from the people who create it.
Following are the sections of the Companies Act 2013, which regulates the incorporation of companies.
INCORPORATION OF COMPANY (Sections 3- 22)
3. Formation of company
3A. Members severally liable in certain cases
6. Act to override memorandum, articles, etc.
7. Incorporation of company
8. Formation of companies with charitable objects, etc.
9. Effect of registration
10. Effect of memorandum and articles
11. Commencement of business, etc.
12. Registered office of company
13. Alteration of memorandum
14. Alteration of articles
15. Alteration of memorandum or articles to be noted
16. Rectification of name of company
17. Copies of MOA/AOA etc., to be given to members.
18. Conversion of companies already registered
19. Subsidiary company not to hold shares in its holding company
20. Service of documents
21. Authentication of documents, proceedings and contracts
22. Execution of bills of exchange, etc.
Highlighted sections are most important sections in this part.