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- Yes sir. We have done a complete research about fintech companies.
- Hello sir. I am rekha. I am planning to start a private company with my friend. So we require your guidance.
- Oh great! Do you have those documents. I want to have a look .
- OK sure. What business do you wish to start?
- I am planning to start a fintech company.
- Sure sir. I will mail you the documents. I prepared a ppt too . Will mail you both of them
- I will do the SWOT analysis and feasibility studies and get back to you in 2 days.
- oh wow! Fintech companies are the latest trend in the business field..
- Hey . I am leaving to my native tomorrow na, so I cant come this time also.
- I met the consultant. he said that he will come back to us in 2 days.
- Oh yes.. I forgot. I will take care. Dont worry
- Ok. great
- I mailed him the documents . he responded and also told that we will meet in a cafe after 2 days.
- Hello sir!
- Hi! I have completed the feasibility studies. Your idea seems to be great!!
- OK. Done.
- Yes ! The MOA has 5 clauses: name, registered office, liability clause, object and capital. the registered office clause has the state in which the registered office is located. We must notify the exact address before 30 days after incorporation.
- Yes sure. We have completed the feasibility studies. Next we have to get the name approval from registrar of companies
- Oh wow! Thankyou so much sir! can you please explain the procedure to start a private company?
- Oh ok sir! The next step is fixing up signatories for signing MOA and they will be the first directors. Am I correct
- Yes!! absolutely . After that a consent letter from directors has to be submitted.Then we have to submit a agreement , if any, that the company proposes to enter with any individual for appointment as its Managing Director or a whole time Director .
- Then we have to prepare the necessary documents like memorandum of association , memorandum of articles, consent from board of directors .
- Ok sir. should we notify the address of the registered office
- Oh ok sir! After this can the company be incorporated?
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