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Registration:
Whether the aforesaid documents are correctly prepared in accordance with the provisions of the Companies Act they are registered, the registrar grants a certificate of incorporation and the company is formed from the date of incorporation written in the certificate.
Private Company
Here in order to secure the registration of a private company the procedure described above is followed except that:
(a) The memorandum of association will be signed by at least two of the company's promoters.
(b) Form Nos 209 and 210 are not delivered for registration because s.182(5) of the Act exempts promoters of a private company from the obligation to deliver them for registration.
(c) If articles of association are not delivered for registration the provisions of Part I of Table A will become the company's articles, as modified by Part II thereof.
Fraudulent Trading: Under s.323, if the court finds that the business of a company in liquidation has been carried on with intent to defraud creditors or for any fraudulent pu
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