(i) Application for availability of name of company.
(ii) Preparation of Memorandum and Articles of Association.
(iii) Declaration from the professional.
(iv) Preparation of Affidavit from the subscribers to the memorandum.
(v) Furnishing verification of Registered office.
(vi) Preparation of particulars of subscribes.
(vii) preparation of particulars of first directors along with their consent to Act as directors
(viii) Power of Attorney.

(i) It is issued by the Company in the form of a certificate under the common seal.
(ii) It is movable property
(iii) Debenture holders are the creditors of the company
(iv) Debentures carry a fixed rate of interest.
(v) A debenture is redeemed after a fixed period of time.
(vi) Debentures may be either secured or unsecured.
(vii) Interest payable on a debenture is a charge against profit and hence it is a tax deductible expenditure.
(viii) Debenture holders do not enjoy any voting right.
(ix) Interest on debenture is payable even if there is a loss.

The earliest business associations in England were the "Merchant Guilds". Some of the merchant Associations or guilds who have regulated the companies.
(i) A Royal Charter established the East India Company in the year 1600.
(ii) In England, the Joint Stock Companies Act was passed for the first time in 1844.
(iii) In the year 1850, taking the English Joint Stock Companies Act 1844 as a base, a provision was made for registration of joint stock companies in India.
(iv) The Joint Stock Companies Act was passed in India by introducing the concept of limited liability in the year 1857.
(v) In 1913, the Indian Companies Act of 1913 was passed. The Act introduces the institution of private companies in the corporate sector in India. After Independence. Based on the recommendation of the Shri. H. C. Baba committee in 1950 and the provisions of the English Companies Act 1948, the Companies Act 1956 was introduced in the parliament.

As per section 11 of the Act, a company having share capital should file with the Registrar, declaration stating that
(i) Every subscriber to the Memorandum has paid the value of shares agreed to be taken by him.
(ii) Paidup capital is not less than Rs.5 lakhs in the case of a public limited company and Rs.1 lakh in the case of private limited company.
(iii) It has filed the Registrar the verification of the registered office.
These restrictions in section 11 are applicable to companies having share capital. It can commence business only after fulfilling all the formalities mentioned above and exercise borrowing powers immediately after incorporation.