Business Studies, asked by AnirudhSinghrawat941, 4 months ago

What is the effect of conclusiveness of the Certificates of Incorporation and Commencement of Business ​

Answers

Answered by srishtiarora2410
1

Answer:

This certificate is conclusive evidence that the company is entitled to do business. With the grant of this certificate the formation of a public company is complete and the company can legally start doing business.

Answered by riyansh5
2

Answer:

A company can immediately commence its business once its certificate of incorporation is issued. Thus, the certificate of incorporation is conclusive evidence of the existence of a company. As a result, the birth of the company cannot be questioned if it has the certificate of incorporation.

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