वाणिज्यिक शिक्षा

 Formation of a Company:  The process of forming a company involves several steps to legally establish a business entity. This process can be divided into three main stages: 1. Promotion Stage: A person or group (known as promoters) comes up with a business idea and plans its execution. They prepare a feasibility study to understand market demand, costs, and potential profits. Promoters arrange for initial funding, choose the company’s name, and prepare documents like the Memorandum of Association (MOA) and Articles of Association (AOA). 2. Incorporation Stage : Promoters file the necessary documents with the Registrar of Companies (RoC). Key documents include: MOA: Explains the company’s objectives, powers, and scope. AOA: Lays out the company’s internal rules and regulations. Other documents, like the director’s details and a declaration of compliance, are also submitted. Once verified, the RoC issues a Certificate of Incorporation, officially creating the company. 3. Commencement of