FORMING FORMING A A

COMPANYCOMPANY

STAGES INVOLVED IN STAGES INVOLVED IN THE PROCESSTHE PROCESS

PROMOTIONPROMOTION

REGISTRATION OR INCORPORATIONREGISTRATION OR INCORPORATION

CAPITAL SUBSCRIPTIONCAPITAL SUBSCRIPTION

COMMENCENT OF BUSINESSCOMMENCENT OF BUSINESS

PROMOTIOPROMOTIONN

STEPS INVOLVEDSTEPS INVOLVED IDEAIDEA

DETAILED INVESTIGATIONDETAILED INVESTIGATION

ASSEMBLING THE PROPOSTIONASSEMBLING THE PROPOSTION SECURING COOPERATIONSECURING COOPERATION SECURING PATENTSSECURING PATENTS ACQUISITION OF SITEACQUISITION OF SITE ARRANGEMENTS FOR EQUIPMENTSARRANGEMENTS FOR EQUIPMENTS

PREPARE FINANCIAL PLANPREPARE FINANCIAL PLAN

PRIVATE OR PUBLIC COMPANYPRIVATE OR PUBLIC COMPANY

REGISTRATION REGISTRATION OR OR

INCORPORATIOINCORPORATIONN

DOCUMENTS TO BE FILEDDOCUMENTS TO BE FILED

MEMORANDUM OF MEMORANDUM OF ASSOCIATION [SEC. 33(1)(a)]ASSOCIATION [SEC. 33(1)(a)]

ARTICLES OF ASSOCIATION ARTICLES OF ASSOCIATION

[SEC. 33(1)(b)][SEC. 33(1)(b)]

AGREEMENT (IF ANY)AGREEMENT (IF ANY)

NOTICE OF ADDRESS OF NOTICE OF ADDRESS OF REGISTERED OFFICE [SEC. 146]REGISTERED OFFICE [SEC. 146]

LIST OF DIRECTORSLIST OF DIRECTORS

DOCUMENTS TO BE FILEDDOCUMENTS TO BE FILED

WRITTEN CONSENT OF EVERY WRITTEN CONSENT OF EVERY PROPOSED DIRECTORPROPOSED DIRECTOR

DECLARATION SIGNED BY ANY DECLARATION SIGNED BY ANY OF THE FOLLOWING:OF THE FOLLOWING: ADVOCATEADVOCATE ATTORNEYATTORNEY SECRETARY OR CHARTERED SECRETARY OR CHARTERED

ACCOUNTANTACCOUNTANT PERSON NAMED IN ARTICLESPERSON NAMED IN ARTICLES

REGISTRATION OF REGISTRATION OF COMPANYCOMPANY

Registrar examines the documents Registrar examines the documents and and

if satisfied issues a if satisfied issues a

CERTIFICATE OF INCORPORATIONCERTIFICATE OF INCORPORATION

CONCLUSIVENESS OF CERTIFICATE CONCLUSIVENESS OF CERTIFICATE OF INCORPORATIONOF INCORPORATION

ALL REQUIREMENTS OF ALL REQUIREMENTS OF COMPANIES ACT HAVE BEEN COMPANIES ACT HAVE BEEN COMPILEDCOMPILED

DULY REGISTERED COMPANYDULY REGISTERED COMPANY

BIRTH CERTIFICATE OF THE BIRTH CERTIFICATE OF THE COMPANY [JUBILEE COTTON COMPANY [JUBILEE COTTON MILLS LTD. v. LEWIS ] MILLS LTD. v. LEWIS ]

EFFECT OF EFFECT OF REGISTRATIONREGISTRATION

DISTINCT LEGAL ENTITYDISTINCT LEGAL ENTITY

PERPETUAL SUCCESSIONPERPETUAL SUCCESSION

RIGHTS OF SHAREHOLDERSRIGHTS OF SHAREHOLDERS

CAPITALCAPITALSUBSCRIPTIOSUBSCRIPTIO

NN

INVITING PUBLIC INVITING PUBLIC SUBSCRIPTIONSUBSCRIPTION

FILE COPY OF PROSPECTUSFILE COPY OF PROSPECTUS

PROSPECTUS ISSUEDPROSPECTUS ISSUED

INVESTORS APPLYINVESTORS APPLY

SHARE CERTIFICATES ISSUEDSHARE CERTIFICATES ISSUED

COMMENCEMENTCOMMENCEMENTOF OF

BUSINESSBUSINESS

COMPANIES ISSUING COMPANIES ISSUING PROSPECTUSPROSPECTUS

CANNOT COMMENCE UNTILCANNOT COMMENCE UNTIL

SHARES ALLOTEDSHARES ALLOTED

EVERY DIRECTOR HAS PAIDEVERY DIRECTOR HAS PAID

NO MONEY IS LIABLE TO BE REPAIDNO MONEY IS LIABLE TO BE REPAID

DECLARATIONDECLARATION

COMPANIES NOT ISSUING COMPANIES NOT ISSUING PROSPECTUSPROSPECTUS

CANNOT COMMENCE UNTILCANNOT COMMENCE UNTIL

A STATEMENT IN LIEU OF A STATEMENT IN LIEU OF PROSPECTUSPROSPECTUS

EVERY DIRECTOR HAS PAIDEVERY DIRECTOR HAS PAID

DECLARATIONDECLARATION