Procedure for formation of a company in India

A Company is a separate legal entity which is registered under the companies act. Every country will be having own process for company formation. In India, companies are registered under Companies act 1956. The formation of a company is not an easy task & it requires following a procedure that is mentioned here.
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What are the requisites to register for a Private Limited Company?
A Registered Business Name: This must be followed by the word 'Limited' or 'Ltd'. The Companies Registration Office exercises some control over the choice of name, it cannot be identical (or very similar to) the name of an existing company. It won't be considered if it is offensive or illegal and the use of certain words in a company (for example, 'Institute', 'National') can only be used in certain circumstances. The company name must be displayed in a conspicuous place at every office, or other premises where the company carries out business.A Registered Office: This need not necessarily be the same address as the business is conducted from. Quite frequently the address used for the registered office is that of the firm's solicitor or accountant. This is the address, through, where all official correspondence will go.
Shareholders: There must be a minimum of two shareholders (also described as 'members' or 'subscribers'). A private company can have up to fifty shareholders.Share Capital: The Company must be formed with a stated, nominal share capital divided into shares of fixed amounts. Small companies are frequently formed with a nominal share capital of Rs.100.
Memorandum of Association: The memorandum is the company's charter. It states the company's name; the situation of its registered office; its share capital; the fact that liability is limited and, most importantly, the object for which the company has been formed. In theory, the company can only operate in the areas mentioned in the objects clause but in practice the clause is drawn to cover as wide an area as possible, and anyway a 75 per cent majority of the members of the company can change the objects whenever they like.