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Commencement of business certificate

This query is : Resolved 
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(Querist)
05 April 2018 Hello everyone

Kindly clarify,
1.Whether commencement of business certificate is required for public limited company.
2. Whether bank will allow transactions in the current account without commencement of business certificate.
Thank you
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
06 April 2018 1. No.

2. Yes.

Ps. This is by virtue of the omission of section 11 and consequential amendment in
section 248 by the Companies (Amendment) Act,2015.
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manickavel

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manickavel (Querist)
06 April 2018 If the answers is no for first case then how they will submit the same to bank
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