Business
Regulatory Requirement
An entrepreneur must keep in
mind the various regulatory requirements which must be followed while
setting up a business. Public and private companies must adhere to all
the regulations given under the Companies Act 1956.
The Act lays down provisions relating to:
- Formation of a company
- Powers of directors and managers
- Responsibilities of directors and managers
- Raising of capital
- Holding company meetings
- Maintenance and audit of company accounts
- Powers of inspection and investigation of company affairs
- Reconstruction and amalgamation of a company
- Winding up of a company
Company Formation in
India 
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