PPT explains about Incorporation of Company through Spice+ under Companies Act, 2013. Incorporation is the legal process used to register or form a corporate entity or company. A corporation is the resulting legal entity that separates the firm’s assets and income from its owners and investors.
In India the Incorporation (or registration) of a business is governed by Companies Act, 2013 and generally identified as such by the use of terms “Limited (Ltd.)” or “ Private Limited (P. Ltd.) in their names.
‘Company’ is an artificial juridical entity, separate from its members. It has perpetual succession. As per Section 2 clause 20: “company” means a company incorporated under this Act or under any previous company law;