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Question

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.

A
10
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B
11
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C
12
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D
13
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Solution

The correct option is B 11
OMISSION OF SECTION 11 OF THE COMPANIES ACT, 2013: No Need to file Form INC-21 (Commencement of Business) with Registrar of Companies. Implication: This amendment will not require the director to file declaration and the requirement to file verification of its registered office is also done away with

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