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Paper 3

Setting Up of Business Entities and Closure

About Setting Up of Business Entities and Closure

A business entity is an organisation created by one or more natural persons to carry on a trade or business. There are different forms of business organisations such as Company, LLP, Societies, Trusts, etc. that can be incorporated. The Legal procedures to set up the business entities and the procedures for closure of the same are covered in this subject. It is branched out of the corporate laws to focus more on the process of setting up and closure of business entities.

It is quite crucial for a Company secretary to know and understand the laws associated with a particular form of the business entity in order to assist clients in setting up of the business and closure if need be, in such a way as to best serve the interests of all stakeholders.You are also expected to develop skills and knowledge to understand complex areas in the field of formation of various kinds of companies e.g. public company, private company; setting up of Trusts, society & LLP, etc.   

Exam Information

Duration:         3 hours

Weightage:         100 Marks


CS Shruthi Prakash


CS Dattatri H M


CA Rajiv Rabindran


CS Mohan Kumar B K


CS Harish V K

Question Paper June 2018
Question Paper June 2019

Setting Up of Business Entities and Closure

1 Choice of Business Organisation

Lecture icon  3 Lectures                      Know More

2,3,4&12: Types of Companies, Charter documents of Companies, Legal status of Registered Companies & Conversion of existing..

Lecture icon  15 Lectures                      Know More

5 Formation of LLP

Lecture icon  2 Lectures                      Know More

6 Different Forms of Business Organisation and its Registration

Lecture icon  7 Lectures                      Know More

7 Formation and Registration of NGO's

Lecture icon  4 Lectures                      Know More

8 Financial Services Organisation and its Registration Process

Lecture icon  2 Lectures                      Know More

9 Start-ups and its registration

Lecture icon  1 Lectures                      Know More

10 Joint Ventures Collaboration and Special Purpose Vehicles

Lecture icon  1 Lectures                      Know More

11 Setting up of Business outside India and issues relating Thereto

Lecture icon  7 Lectures                      Know More

13 Various Initial Registrations and Licenses

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14 Maintenance of Registers and Records

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15 Identifying laws applicable to various Industries and their initial compliance

Lecture icon  2 Lectures                      Know More

17 Compliances under Labour Laws (Provisions applicable for setting up of business)

Lecture icon  12 Lectures                      Know More

18 Compliances relating to Environmental laws (Provisions applicable for setting up of business)

Lecture icon  1 Lectures                      Know More

19 Dormant Company

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20 Strike off and restoration of name of the company and LLP

Lecture icon  1 Lectures                      Know More

21 Corporate Insolvency Resolution process; Liquidation and Winding-up: An overview

Lecture icon  1 Lectures                      Know More

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