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

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Question

State whether the following statement is True or False.

All companies need Certificate of Incorporation.

Options

  • True

  • False

MCQ
True or False
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Solution

True

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

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Balbharati Secretarial Practice [English] Standard 11 Maharashtra State Board
Chapter 3 Formation of a company
Exercise Q.1 | Q 4.1 | Page 45

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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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  3. How many minimum promoters are needed for incorporating a public company?

Answer in brief.

State the contents of Certificate of Incorporation


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