Can a company issue share certificate to the subscibers to the AOA before it obtains Certificate of Commencement of Business?
Menu
Issue of Share certificate to subscibers
Replies (2)
Yes Mamta. As per my opinion it is very much possible...
Hi
After obtaining Certificate of incorporation from concerned ROC, company can issue share certificate to its subscriber of MOA and AOA. It is not a pre condition for company to obtain COB for issue of share certificate.
Regards
Ajay
Related Topics
CAclubindia
