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Question
State whether the following statement is True or False.
All companies need Certificate of Commencement of business.
Options
True
False
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Solution
False
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____________has a 21 digit alpha numeric code which is unique number assigned to every company at the time of incorporation.
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| 7. ROC. | |
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| 9. One-Person Company | |
| 10. Contracts entered by Promoters with third parties. |
Write a word or a term or a phrase which can substitute the following statement.
Persons who undertake the necessary steps to set up a company.
Write a word or a term or a phrase which can substitute the following statement.
Term which refers to contracts entered into by Promoters with third parties on behalf of the proposed company;
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Promoters are persons who take the necessary steps to set up a company.
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In India, companies have to be incorporated as per the provisions of Companies Act, 2013.
State whether the following statement is True or False.
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ROC issues CIN only to certain companies.
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Study the following case/situation and express your opinion.
| Sagar company limited got its Certificate of Incorporation on 1st Sept. 2018. The application for Incorporation was submitted on 16th Aug. 2018. There were 10 promoters who took the steps to incorporate the company. |
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- On which date will the company get its Corporate Identity Number?
- How many minimum promoters are needed for incorporating a public company?
Answer in brief.
State the contents of Certificate of Incorporation
