Economy, asked by singhpistal, 5 months ago

In case of public limited company, after getting the-----------the company can start the
business

Answers

Answered by VipSai
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:

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Answered by MotiSani
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

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