📘 Core concepts
- 1Types: OPC, private (2-200), public (≥7), Section 8 (non-profit).
- 2Promoters initiate formation; MOA + AOA submitted to ROC.
- 3MOA clauses: Name, Registered Office, Object, Liability, Capital, Subscription.
- 4Certificate of Incorporation conclusive evidence of company's existence (Sec 7(2)).
- 5Doctrine of indoor management protects outsiders dealing in good faith (Royal British Bank v. Turquand).
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