Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Mr Smith and Mr Faustus want to incorporate a company with the name SF Logistics(PVT) LTD for transportation of goods. The amount of authorized capital

Mr Smith and Mr Faustus want to incorporate a company with the name SF Logistics(PVT) LTD for transportation of goods. The amount of authorized capital they decided was 10 million and the share capital will be 5.5 million @ share ration 40% for Mr Smith and 50% for Mr Faustus and 10% for outsiders. What procedure they had to follow to incorporate said company .Please also recommend the modes of winding up a company if the said subscribers/shareholders wanted to dissolve the company.


Step by Step Solution

3.32 Rating (152 Votes )

There are 3 Steps involved in it

Step: 1

The partners can follow the given steps to incorporate their private limited company T... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing and Assurance services an integrated approach

Authors: Alvin a. arens, Randal j. elder, Mark s. Beasley

14th Edition

133081605, 132575957, 9780133081602, 978-0132575959

More Books

Students also viewed these Accounting questions