FORMING A COMPANY

STAGES INVOLVED IN THE PROCESS PROMOTION REGISTRATION OR INCORPORATION CAPITAL SUBSCRIPTION COMMENCENT OF BUSINESS

PROMOTION

STEPS INVOLVED IDEA IDEA DETAILED INVESTIGATION DETAILED INVESTIGATION ASSEMBLING THE PROPOSTION ASSEMBLING THE PROPOSTION  SECURING COOPERATION  SECURING PATENTS  ACQUISITION OF SITE  ARRANGEMENTS FOR EQUIPMENTS PREPARE FINANCIAL PLAN PREPARE FINANCIAL PLAN PRIVATE OR PUBLIC COMPANY PRIVATE OR PUBLIC COMPANY

REGISTRATION OR INCORPORATION

DOCUMENTS TO BE FILED MEMORANDUM OF ASSOCIATION [SEC. 33(1)(a)] ARTICLES OF ASSOCIATION [SEC. 33(1)(b)] [SEC. 33(1)(b)] AGREEMENT (IF ANY) NOTICE OF ADDRESS OF REGISTERED OFFICE [SEC. 146] LIST OF DIRECTORS

DOCUMENTS TO BE FILED WRITTEN CONSENT OF EVERY PROPOSED DIRECTOR DECLARATION SIGNED BY ANY OF THE FOLLOWING:  ADVOCATE  ATTORNEY  SECRETARY OR CHARTERED ACCOUNTANT  PERSON NAMED IN ARTICLES

REGISTRATION OF COMPANY Registrar examines the documents and if satisfied issues a CERTIFICATE OF INCORPORATION

CONCLUSIVENESS OF CERTIFICATE OF INCORPORATION ALL REQUIREMENTS OF COMPANIES ACT HAVE BEEN COMPILED DULY REGISTERED COMPANY BIRTH CERTIFICATE OF THE COMPANY [JUBILEE COTTON MILLS LTD. v. LEWIS ]

EFFECT OF REGISTRATION DISTINCT LEGAL ENTITY PERPETUAL SUCCESSION RIGHTS OF SHAREHOLDERS

CAPITAL SUBSCRIPTION

INVITING PUBLIC SUBSCRIPTION FILE COPY OF PROSPECTUS PROSPECTUS ISSUED INVESTORS APPLY SHARE CERTIFICATES ISSUED

COMMENCEMENT OF BUSINESS

COMPANIES ISSUING PROSPECTUS CANNOT COMMENCE UNTIL SHARES ALLOTED EVERY DIRECTOR HAS PAID NO MONEY IS LIABLE TO BE REPAID DECLARATION

COMPANIES NOT ISSUING PROSPECTUS CANNOT COMMENCE UNTIL A STATEMENT IN LIEU OF PROSPECTUS EVERY DIRECTOR HAS PAID DECLARATION