Save Rs 588 on a 2-Year Ad-Free CAclubindia Pro Membership. Subscribe Now!

Commencement of new business

Save Share

Join Us Follow Us Add as Source

This query is : Resolved

Report Follow Query Ask a Query

Querist : Anonymous

Querist : Anonymous (Querist)

16 April 2013 if a public company wants to commence a new business which is included in objects incidental or ancillary to the attainment of the main object.Kindly advice then also certificate of commencement of business is require?

Ajay Mishra

Ajay Mishra (Expert)
Follow

17 April 2013 Hi

No Certificate to commencement of business is required only one time and not for every commencement of business which are giving in ancillary clause of Other Objects of MOA.

If you have already gor COB then no further need to collect the same.

Querist : Anonymous

Querist : Anonymous (Querist)

17 April 2013 Thanks Sir,kindly provide me the section in which this is mentioned?

Ajay Mishra

Ajay Mishra (Expert)
Follow

17 April 2013 Kindly you confirm me where it is demanded that new COB is required for commencement of business.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now