Formation of Company....Revised Version

8/6/2019 Formation of Company....Revised Version...

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FORMATION OFFORMATION OFCOMPANYCOMPANY

&&BRAND DEVELOPMENTBRAND DEVELOPMENT

:


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Company is a voluntary association of persons

formed for the purpose of doing business

having a distinct name and limited liability.

Separate legal entity distinct from its

shareholders.


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Promotion

Incorporation/ egistration

Capital Subscription

Commencement of usiness


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Discovery of Business Ide

Det iled Investi tion

Ensurin Av il bility of Resources

C nv ssin

M kin Contr cts


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Check from re istr r of Com nies whether n me is

v il ble or not

To et license if required

Get MOA & AOA re red nd rinted Documents required

MOA &AOA st m ed, si ned & witnessed

Written consent of directors

Notice of ddress of the re istered Office

St tutory decl r tion


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Principal document both for the company and for

the outside public

Contains the fundamental conditions upon whichalone with company is going to be incorporated

Purpose is to enable those dealing with the

company know what is the permitted range of

enterprise

Company cannot undertake any operations which

are not mentioned in the MOA.


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Rules ,re ul tions nd by-l ws forintern l dministr tion

Different cl sses of sh res nd their

ri hts

Conversion of sh res into stock

P yment of commission to underwriters P yment of dividends

Gener l meetin

Windin u


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Ensure th t ro osed issue is in conformity with

SEBIs uidelines.

Pros ectus h s to be issued nd filed with the

Re istr r of Com nies

Allotment of sh res m de by bo rd of directors

in consult tion with the stock exch n e

Before llotment of sh res, minimum sh res

h ve to be subscribed to by ublic


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To et certific te of commencement of business

-Decl r tion th t sh res y ble in c sh h ve been

llotted u to the minimum subscri tion

Decl r tion th t directors h ve id in c sh the

lic tion nd llotment money in s me ro ortion

s others

No money is li ble to become refund ble to thelic nts by f ilure to list on stock exch n e

St tutory decl r tion be secret ry/director th t the

bove requirements h ve been de lt with


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N me Cl use

Ltd or Pvt. Ltd for every ublic/ riv te

com ny limited by sh resNot identic l/simil r to existin

com nys n me

Should not convey link toovernment/loc l uthority


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Registered Office Clause

Important documents are sent to this

addressImportant documents are kept at the

registered office

Capital Clause

State the share with which it proposes to be

registered.


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Objects ClauseMust not be illegal

Must not be against the provisions of companies act

Must not be against public policy

Must be stated clearly and definitely Must be

comprehensive

The liability Clause liability is limited

Association or Subscription Clause agree to

purchase of qualification shares


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Mandatory for companies

Limited by GuaranteeUnlimited Company

Private company limited by shares


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29

41

30

no of people

20-30

30-40

40>


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20 -30

(29)

20 -30

(29)

Male(10)Male(10)

Married(4)Married(4)Unmarried(6)Unmarried(6)

Female(19)Female(19)

Married(13)Married(13) Unmarried(6)Unmarried(6)


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30 -40

(41)

30 -40

(41)

Male(20)Male(20)





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40>

(30)

40>

(30)

Male(17)Male(17)





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25

2525

25

sector

manufacturing

service

IT

Consultancy


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67

18

123

managingapparel

cooking

cleaningthehouse

managingthechil


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515

25

30

25

daily

oncea week

onceinafortnight

onceinamth

oncein 3 mths


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60

40

yesno


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5525

155

halfhourto 1 hour

1 to 2 hours

2 to 3 hours

or tha 3 hours


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45

25

30

housemaidsfamily

spouse


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70

13

710

verydifficult

notmuchdifficult

medium

managea le


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22

70

5 3

yes

no

nocomments

can'tsay


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64

36

yes

no


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Boththefinancialandmarketingoriented

measurementsofourbrandvaluation which

havebeenempiricallystudiedhaveindicators

ofpresentvalueoffuturecashflow.

Futureearningismainaim


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Asadecisionmakers,financialstrategyofthe

firm willhelpindecidingfeeorroyaltyforour

service.

Marketingstrategy,throughresearch

conductedasadecisionmakers wefeelsuch

typeofservicesareexpectedbyconsumersin

thenearfuture.


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Managingpeoplespremiumclothes,shoes,

artificial jewellery throughprovidingspaceat

ourexclusivestoresandpersonalized

wardrobespace.

Maintenanceoftheirclothingthrough 5 step

washing,professionalapproachtoward

maintainingsanctityoftheclothes.

Aserviceorientedcompany.


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Storesat 4 strategiclocationforpickupanddropof

customeraccessories

Washingunitscentrally

located

Maintenanceunitscentrally

located.

AcentralizedCallcenter

unitforcustomerservice


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Directrecruitmentfromfashioncolleges.

Campusrecruitment

Industryexpertforcertainperiod.


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Directsalespitch

Eventorganizationfordirectdemonstration


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Breakevenstrategy

Chargesandfeecollection

Noofclothesandtypeofclothes. Lockerchargesandmonthlybasis.


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Particulars

(expenses)

Amt(Rs) Particulars

(incomes)

Amt(Rs)

Salaries 900000 Membershipfess :

Other expenses 1440000 Premium --

Advertisementexp. 85000 Platinum --

Depreciation 150000

Interest payments 120000 Othersources 100000

Net Profit transferredto

Balancesheet (projected)

1005000

Total : 3700000 Total : 3700000


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Liabilities Amt (Rs) Assets Amt (Rs)

ShareCapital FixedAssets

500000 Equitysharesof

Rs 2/- each 1000000 Property 3000000Reserves &surplus

(Net Profit) 1005000 Furniture 900000

SecuredBankLoan @ 8% p.a

(mortgage on Property) 1500000 Motorvehicle 500000

UnsecuredLoan(publicdeposits&loans) 1200000

Investments

(financialsecurities) 200000

CurrentLiabilities&

Provisions 295000

CurrentAssets Loans&

advances 400000

TotalLiabilities : 5000000 TotalAsset : 5000000


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EQUITY SHARES :

Authorised sharecapital : 10lakhsEquitysharesofRs 2/- each

Issued,subscribed& Paid-up : 5lakhsEquity

SharesofRs 2/- each BORROWED FUNDS :

SecuredLoan : 8% BankLoantakenon 1st April

2011 on MortgageofPropertyfor 15years. UnsecuredLoantakenthroughmeansof

PublicDeposits&Loans


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EVENT MEDIA :

IncurredAdvertisementExpenses 85000/-

(incl.forall 3 centersofthecompany) asinitial

AdvertisementstrategyDirect Mail :

Future MarketingStrategy wouldbeDirect

Mailfor whichestimatedExpenditure willcostaround Rs 2.5 lakhs.


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TotalEstimatedIncome :

TotalEstimatedExpenses :

TotalEstimated Profit :

BreakEven Point : [Income Expenses = Nil]


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PLATINUM PREMIUM


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