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Standard XII
Business Studies
Stock Market
When is a com...
Question
When is a company said to have been registered?
A
When it files the memorandum of association with the Registrar of Companies
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B
When it gets the certificate of incorporation
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C
When it gets the certificate of commencement of business
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D
When it actually starts its business
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Solution
The correct option is
B
When it gets the certificate of incorporation
Option B is the correct answer.
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A company which can start its business only after securing the certificate of commencement of business is a ____________.
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