Business Studies, asked by SaguftaKabir, 4 months ago

whether a certificate of commencement is necessary for both private and public company?why?​

Answers

Answered by mahi577
2

Explanation:

Companies Act, 2013, a private company or public company not having share capital was not required to obtain the certificate of commencement of business, only a public limited company having share capital was required to obtain the certificate of commencement of business. In 2013, MCA came up with a new amendment by inserting section 10A under CA, 2013, wherein a declaration and verification is required to be filed by the companies incorporated on/after 2nd November, 2018.

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