Companies Act, 2013

CHAPTER II

INCORPORATION OF COMPANY AND MATTERS INCIDENTAL THERETO

Formation of company .

3. (1) A company may be formed for any lawful purpose by-

(a)	-	seven or more persons, where the company to be formed is to be a public company;
(b)	-	two or more persons, where the company to be formed is to be a private company; or
(c)	-	one person, where the company to be formed is to be One Person Company that is to say, a private company,

by subscribing their names or his name to a memorandum and complying with the requirements of this Act in respect of registration:

Provided that the memorandum of One Person Company shall indicate the name of the other person, with his prior written consent in the prescribed form, who shall, in the event of the subscriber's death or his i .... To read the full section download the app from Google Play store