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10 microlessons in this chapter
Read each in 5 minutes. Each has worked examples + the bare Act text for reference.
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All lessons

1
Section 3 — Formation of Company
Section 3 Companies Act 2013: minimum members to form public, private & OPC companies, OPC nominee rules — key for CA Inter May 2026 exams.
2
Section 4 — Memorandum of Association
Section 4 Companies Act 2013: MOA clauses, name reservation rules (20 vs 60 days), penalties — explained simply for CA Inter May 2026 exam.
3
Section 5 — Articles of Association
Section 5 Companies Act 2013 explained: Articles of Association, entrenchment rules, model articles & RoC notification — CA Inter exam guide
4
Section 7 — Incorporation of Company
Section 7 Companies Act 2013: documents for ROC registration, Certificate of Incorporation, CIN allotment & fraud penalties — explained for
5
Section 8 — Formation of Companies with Charitable Objects
Section 8 Companies Act 2013 explained for CA Inter: how NGOs & non-profits register without 'Limited', key conditions, penalties & exam tip
6
Section 12 — Registered Office of Company
Section 12 Companies Act 2013: registered office rules, display requirements, shifting procedure & penalties explained for CA Inter May 2026
7
Section 14 — Alteration of Articles
Section 14 Companies Act 2013: How companies alter Articles of Association, convert private to public or vice versa, and key Central Governm
8
Section 26 — Matters to be Stated in Prospectus
Section 26 Companies Act 2013: mandatory contents of a prospectus, 90-day validity rule, SEBI disclosure norms, expert consent & penalties —
9
Section 35 — Civil Liability for Misstatement in Prospectus
Section 35 Companies Act 2013: who pays compensation for misleading prospectus statements — directors, promoters, experts — and available de
10
Section 42 — Private Placement of Securities
Section 42 Companies Act 2013: private placement rules, 50-person limit, 60-day allotment deadline — explained simply for CA Inter May 2026