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.
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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