explanation of ch formation of a company

1.	explanation of ch formation of a company
Answer» From the time the idea of forming a company is first conceived to the time the company is actually formed and incorporated and commences business, there are four distinct stages, namely:(a) Promotion;(b) Incorporation;(c) Capital Subscription; and(d) Commencement of Business.A private company can commence business immediately after incorporation. That means, only the first two stages are relevant for a private company.

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