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Certificate of commencement

This query is : Resolved 

14 July 2014 We have incorporated the Private company. Is the certificate of commencement is compulsory for Private company?

15 July 2014 A company having a share capital shall not commence any business or exercise
any borrowing powers unless a declaration is filed by a director in form INC-21 with the Registrar. The Act does not specify private or public companies. All companies having share capital has to file commencement of business whether it is private or public.


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