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Concepts · CA Intermediate/Corporate & Other Laws

Corporate & Other Laws

Ch 1 · Companies Act 2013 — Incorporation

5 concept points · 0 formulas · 4 exam-critical points.

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Important Points

📘 Core concepts

  1. 1Types: OPC, private (2-200), public (≥7), Section 8 (non-profit).
  2. 2Promoters initiate formation; MOA + AOA submitted to ROC.
  3. 3MOA clauses: Name, Registered Office, Object, Liability, Capital, Subscription.
  4. 4Certificate of Incorporation conclusive evidence of company's existence (Sec 7(2)).
  5. 5Doctrine of indoor management protects outsiders dealing in good faith (Royal British Bank v. Turquand).

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