In case of public limited company, after getting the-----------the company can start the
business
Answers
Answered by
5
Answer:
A public limited company having share capital, can not start its business unless it obtains the certificate of commencement of business from the Registrar of Companies. So a public company required both the certificates to start it's business.
Explanation:
plz mark me as brainliest
plz bro help me
Answered by
1
In the case of a public limited company, after getting the certificate of commencement of business the company can start the business.
- When a company is formed, a certificate of incorporation is needed legally. It is claimed to be a company formation licence that has been granted by the state government or, in some cases, a non-governmental organisation.
- Unless it obtains the certificate of starting of business from the Registrar of Companies, a public limited company with share capital is unable to begin operations. The two certificates were, therefore, necessary for a public corporation to launch its operations.
#SPJ 2
Similar questions