Chapter Wise Topic Wise Notes Class 11 Business Studies Chapter 7 Formation of a Company

These chapter-wise, topic-wise notes for Class 11 Business Studies provide a detailed and easy-to-understand explanation of Chapter 7: Formation of a Company. The notes cover the key stages involved in setting up a company, including promotion, incorporation, and commencement of business. Students will learn about the roles and responsibilities of promoters, the preparation of important documents like Memorandum of Association (MOA) and Articles of Association (AOA), and the legal procedures required for incorporation. The notes also explain capital subscription, prospectus, and share issuance, providing practical examples to illustrate the concepts. Diagrams, flowcharts, and step-by-step explanations help students grasp the sequence and legal requirements of company formation. Designed for exam readiness and conceptual clarity, these notes serve as a reliable resource for Class 11 learners to understand corporate structures, regulatory compliance, and business operations, helping them excel in Business Studies assessments.