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Doing business before incorporation

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Querist : Anonymous

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Querist : Anonymous (Querist)
03 January 2013 what if private company commences business before incorporation.

what are the different legal consequences
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Sunil

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Sunil (Expert)
03 January 2013 If you have done business before incorporation, you will be jointly and severally responsible for all transaction. The entity you do business in prior to incorporation will be treated as an unregistered partnership or association of persons.
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