A team of young engineers is planning to incorporate a private limited company which would provide machine maintenance services to large companies. The company would initially be incorporated with a share capital of Rs. 20 million. However, the engineers are not certain about the following matters; (i) Registration and signing of Memorandum and Articles of Association. (ii) Appointment of the first and subsequent directors and chief executive and terms of their office. Advise the team of engineers in respect of the above matters in the light of the Companies Act, 2017