Certificate of commence of business
This query is : Resolved
12 May 2016
Dear Sir,
A Public company was incorporated in 2009 and company has not start any business till now. So, company has never applied to obtain Commencement of Business certificate. Now company is going to start business activity. Section 11 of companies act, 2013 has been omitted as per Companies (Amendment) Act, 2015. My question is,how can company get the certificate of commencement of business now?
A Public company was incorporated in 2009 and company has not start any business till now. So, company has never applied to obtain Commencement of Business certificate. Now company is going to start business activity. Section 11 of companies act, 2013 has been omitted as per Companies (Amendment) Act, 2015. My question is,how can company get the certificate of commencement of business now?
12 May 2016
You are not required to take certificate of commencement of business.
Message likes :
1 times
13 May 2016
Pratik Ji
Does 433(c) of 1956 act attracts .
Does 433(c) of 1956 act attracts .
Message likes :
1 times
13 May 2016
Thanks Pratik Ji and Warrier Ji for such prompt reply.
Warrier Ji, I agree with you on applicability of section 433(c). But till now such proceeding has been started and no such application is pending in high court. So, now as on date, is it possible for the company to commence business by passing a board resolution after discussing all facts of delay and filed the same with ROC in MGT-14?
Warrier Ji, I agree with you on applicability of section 433(c). But till now such proceeding has been started and no such application is pending in high court. So, now as on date, is it possible for the company to commence business by passing a board resolution after discussing all facts of delay and filed the same with ROC in MGT-14?
13 May 2016
Section 433 will be applicable only when Court starts process against the company. This section gives power to Court to order to wind up in certain circumstances, only if Court exercise it. Section has mentioned 'may' word in it.
I still feel that Company can start a business without obtaining Certificate of business.
I still feel that Company can start a business without obtaining Certificate of business.
Message likes :
1 times
14 May 2016
still court doesn't pass order to dissolve, hence it can be obtain certificate after passing resolution and payment of fees as prescribed. reason for non commencement will also be addressed to ROC
17 May 2016
Neeraj Ji, as on date no such form is available for application to obtain Certificate on ROC portal.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- Scrutiny and reopening of past returns
- Tax on Deemed Capital Gain
- Regarding ITR filing with more value than showing in AIS/TIS
- Booth for sales promotion
- Type of Capital Gain
- F & O PROFIT REPORTING FOR AY 2026-27
- Exiting partner in partnership firm in gst portal
- FEMA regulation Act. for inward remitance
- Difff in ais receipts and gst turnover
- Can a single LLP in India legally operate multiple unrelated businesses (Travel, Cloud Kitchen, Ecom
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
