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Question
State the following statement is True or False:
The certificate required by public limited company to start business activities is the certificate of commencement of business.
State the following statement is True or False:
The certificate required by public limited company to start business activities is the certificate of commencement of business.Open in App
Solution
The correct option is A True
The statement is true, the certificate is required by public limited company to start business activities is the certificate of commencement of business because all companies registered in India after the commencement of the Companies Amendment Ordinance 2018 and having a share capital is required to obtain a commencement of business certificate before commencing any business. It is applicable to the companies registered after November 2018. This declaration to be filed in Form 20A within 180 days from the date of getting CERTIFICATE OF INCORPORATION.Thus the correct answer is A.
The statement is true, the certificate is required by public limited company to start business activities is the certificate of commencement of business because all companies registered in India after the commencement of the Companies Amendment Ordinance 2018 and having a share capital is required to obtain a commencement of business certificate before commencing any business. It is applicable to the companies registered after November 2018. This declaration to be filed in Form 20A within 180 days from the date of getting CERTIFICATE OF INCORPORATION.
Thus the correct answer is A.
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