Question

Arrange the following steps of incorporation of a company in chronological order:
A. Obtain certificate of incorporation
B. Drafting and signing of MoA and AoA
C. Consent of person nominated as directors
D. Reservation of name by filling an application
E. Pay fees and amount of stamp duty

• A. A, B, C, D, E
• B. C, D, A, B, E
• C. B, C, D, E, A
• D. D, B, C, E, A

Hint:

Logic Tip: A company legally comes into existence only after obtaining Certificate of Incorporation.

Answer 1

The Correct Option is D

Step 1:
The incorporation process begins with reservation of company name. \[ D = \text{First Step} \]

Step 2:
Memorandum of Association (MoA) and Articles of Association (AoA) are drafted and signed. \[ B = \text{Second Step} \]

Step 3:
Consent of directors is obtained and filing fees/stamp duty are paid. \[ C \rightarrow E \]

Step 4:
Finally, Registrar issues the certificate of incorporation. Correct order: \[ D,\; B,\; C,\; E,\; A \] Hence, the correct answer is: \[ \boxed{\text{(4) D, B, C, E, A}} \]