Monday, 26 September 2016
Documents required before getting the status of a company
1. Memorandum of Associations
i. N ame of business.
iii. Registered address.
iv. Authorized share capital (the maximum amount of capital a
business is allowed to raise)
v. List of directors.
2. Articles of Association
i. Internal management of the company.
ii. Rights and responsibilities of Directors and Shareholders.
iii. Appointment of legal advisors and auditors.
iv. Quorum of Annual General Meeting.
v. Profit sharing.
3. Certificate of incorporation
1. certificate issued to business to act as a limited company
Capital of Public Limited Company
Are issued by public limited company to general pubic. Holder of share
becomes owner of the business.
Are issued by public limited company to general pubic. Holder of
debenture becomes the lender to the business