Commencement of business certificate
This query is : Resolved
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
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
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.
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.
06 April 2018
If the answers is no for first case then how they will submit the same to bank
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