Your client Vivek wants to form a private company with a share capital of ₹50,000. Examining the relevant provisions of the Companies Act, 2013, advise Vivek on the following issues with proper justification: Whether reg

CS Professional · Advanced Company Law and Practice · PYQS · December 2015
Your client Vivek wants to form a private company with a share capital of ₹50,000. Examining the relevant provisions of the Companies Act, 2013, advise Vivek on the following issues with proper justification: Whether registration of articles of association of the proposed company is mandatory?

Answer & Explanation:

Yes, registration of Articles of Association of the proposed company is mandatory. Section 7 of the Companies Act, 2013 deals with incorporation of company. Section 7(1) requires inter-alia to file Memorandum and Articles of the company duly signed by all the subscribers to the memorandum. Section 7(2) provides that the Registrar on the basis of documents and information filed shall register all the documents and issue a certificate of incorporation to the effect that the proposed company is incorporated under this Act.

Topics: Company Incorporation & Types

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