Formation of company is governed by the provisions contained in The Companies Act of 2013. The company form of organization is being preferred as being suitable by more and more business firms, particularly for setting up medium and large sized organizations. Formation of company involves several steps which are explained here under.
The steps involved in Formation of company in India are required from the time a business idea originates to the time, a company is legally ready to commence business are referred to as stages in the formation of a company. Those who are taking these steps and the associated risks area promoting a company are called its promoters. It is advisable to avail the services of Protocol Expert lawyer for the formation of company in India.