A Public Ltd. Company received CCOB in March, 2014. Company is required to hold its statutory meeting as per the provisions of ___________.

Companies Act, 1956

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Companies Act, 2013

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Companies Amendment Act, 2014

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None of the above

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Solution

The correct option is D Companies Act, 1956
Under the erstwhile Companies Act, 1956, a private company could start its business immediately upon receiving certificate of incorporation. Private companies were not required to obtain a certificate of commencement of business from concerned Registrar of Companies under section 149 of Companies Act, 1956.

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