Kindly tell me why we A bublic ltd company use certificate of commenecement business not in Private ltd.?
From Pakistan
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From Pakistan
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In addition to the Certificate of Incorporation, which is issued at the registration of the name of the company, the Certificate of Commencement of Business is the one that states the date of the company coming into existence.
From India, Mumbai
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From India, Mumbai
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Though a private company can commence business immediately after obtaining the certificate of incorporation from RoC, a public company cannot until it obtains a Certificate of Commencement of Business from the RoC. This is issued only after it files the prospectus inviting subscription for the issue of shares or a statement to the effect that no funds are being solicited from the public.
From India, Mumbai
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From India, Mumbai
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