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True/False Answer Question: If a company is registered on the basis of fictitious names, its incorporation is invalid. - Business Studies

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Question

True/False Answer Question:

If a company is registered on the basis of fictitious names, its incorporation is invalid.

Options

  • True

  • False

MCQ
True or False
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Solution

The statement is FALSE.
This is because once the certificate of incorporation is issued, its existence cannot be questioned. Thus, as the certificate of incorporation provides definite evidence of the incorporation of a company, its incorporation will not be regarded as invalid even if it is registered on the basis of fictitious names.

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Chapter 7: Formation of a Company - True or False [Page 179]

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NCERT Business Studies [English] Class 11
Chapter 7 Formation of a Company
True or False | Q 6 | Page 179
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