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State whether the following statement is True or False. All companies need Certificate of Commencement of business.

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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

MCQ
True or False
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Solution

False

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Formation of a Company
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Chapter 3: Formation of a company - Exercise Q.1 [Page 45]

APPEARS IN

Balbharati Secretarial Practice [English] Standard 11 Maharashtra State Board
Chapter 3 Formation of a company
Exercise Q.1 | Q 4.11 | Page 45

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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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Answer in brief.

State the contents of Certificate of Incorporation


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