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GUIDE TO MEMORANDUM, ARTICLES AND INCORPORATION OF COMPANIES
By
M C BHANDARI / R D MAKHEEJA
The present new edition of the book has been designed to serve as a practical guide to the entrepreneurs and the professionals alike. Various provisions of Company Law as amended by the Companies (Amendment) Act, 2002 and the Companies (Second Amendment) Act, 2002 having a bearing on incorporation of companies and the procedural aspect relating thereto are explained lucidly and clearly in a jargon-free language. The book gives the distinctive features of different types of companies, their limitations, the privileges and the exemptions available to them. The method of incorporation of different types of companies has been explained in depth. An attempt has been made to make the book a complete code for promoting and incorporating public limited companies, private limited companies, guarantee companies and non-profit making organisations under Section 25 of the Act. Besides the legal position and procedural aspects, the book contains formats of all the relevant forms and the sections of the Companies Act, the fees payable and the method of its payment, the authorities concerned and the guidelines for drafting, executing and filing of the Memorandum and Articles of Association of a company. The other special features of the book are that it provides specimen of main objects clauses of more then 500 different types of businesses, model of common clauses generally incorporated in the Memorandum, the specimens of Memorandum and Articles of Association of all types of companies, the lists of Regional Directors and the Registrars of Companies with their territorial jurisdictions and a ready reckoner for fees payable on registration. The new edition is again expected to prove as useful and handy reference to the promoters, the company directors, the corporate executives and the practising professionals.
The other special features of the book are that it provides specimen of main objects of more than 500 different types of businesses, model of common clauses generally incorporated in the Memorandum, the specimens of Memorandum and Articles of Association of all types of companies, the lists of Regional Directors and the Registrars of Companies with their territorial jurisdictions and a ready reckoner for fees payable on registration. The new edition is again expected to prove a useful and handy reference to the promoters, the company directors, the corporate executives and the practising professionals.
A useful compendium explaining the method of formation and registration with detailed notes on forms and contents of Memorandum and Articles of Associations.
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