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<h1>Company incorporation requires prescribed filings; false information attracts criminal liability and may lead to regulatory orders or winding up.</h1> Section 7 requires specified incorporation filings-memorandum and articles, prescribed declarations by professionals and directors, identity particulars, address, director interests and consents-after which the Registrar registers documents, issues a certificate of incorporation and allots a corporate identity number; companies must preserve original filings. False, incorrect or suppressed material information in filings renders the person liable under section 447, and where incorporation is obtained by fraud or falsehood the Tribunal may, after hearing and considering company transactions, exercise remedial powers including management regulation, unlimited member liability, removal from register or winding up.