Advertisements
Advertisements
Question
Explain the following term/concept.
Certificate of Incorporation
Solution
Meaning: A certificate which is issued by the Registrar of Companies after its registration, signifying the birth of the company, is called the Certificate of Incorporation.
It is required to be obtained by all companies i.e. Public Limited companies as well as Private Limited companies.
Certificate of Incorporation contains
(1) the name of the company
(2) the date of issue
(3) Corporate Identity Number to indicate whether a company is listed or unlisted, industry code, state of its location, year of incorporation, ownership type and registration number.
(4) Permanent Account Number (PAN) and Tax Deduction and Collection Account Number of the company.
(5) Signature of Registrar with date and his seal.
APPEARS IN
RELATED QUESTIONS
Select the correct answer from the options given below and rewrite the statement:
___________ Refers to contracts entered into by the promoters on behalf of a proposed company.
Explain the following term/concept.
SPICe.
Answer in brief.
State the importance of a Certificate of Incorporation.
Justify the following statement.
Every Company on incorporation gets a CIN
Justify the following statement.
Promoters play an important role in the formation of a company.
Answer the following question:
Explain briefly the steps involved in the incorporation of a company
