It is necessary to get every company incorporated, whether private or public.

Open in App

Solution

The statement is TRUE.
It is necessary for every company to be incorporated, because a company can legally commence its business only after its incorporation with the registrar of companies.

Suggest Corrections

Similar questions

Q. Tick the correct answer.
Its is necessary to get every company incorporated, whether private or public.

Q. The Companies(Amendment) Act

2015

omitted section __________ of Company's Act

2013

that provides all companies whether private or public to commence business immediately after obtaining certificate of incorporation.

Q. How can one identify from the name of the company that whether it is a private company or a public company?

Q. Appointment of Company Secretary is mandatory in -
(a) Every listed company
(b) Every unlisted private company having paid-up share capital of Rs.10 Crore or more
(c) Every public company having paid-up capital of Rs.5 Crore or more
(d) Every public company having turnover of Rs. 5 Crore or more
Select the correct answer from the option given below :-

Is it necessary for a public company to get its share listed on a stock exchange? What happens if a public company going for a public issue fails to apply to a stock exchange for permission to deal in its securities or fails to get such permission ?

Join BYJU'S Learning Program

It is necessary to get every company incorporated, whether private or public.

The statement is TRUE. It is necessary for every company to be incorporated, because a company can legally commence its business only after its incorporation with the registrar of companies.

The statement is TRUE.
It is necessary for every company to be incorporated, because a company can legally commence its business only after its incorporation with the registrar of companies.