commencement of certificate

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..... commencement of certificate
Query (Issue) Started By: - Priyanka Jain Dated:- 5-6-2013 Last Reply Date:- 5-6-2013 Corporate Laws / SEBI / LLP
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Companies Law
Dear Sir/Mam I want to know complete process step wise of how to obtain certificate of commencement of business. Thanxs Priyanka Jain Reply By CS Swati Dodhi: The Reply: Certificate of Commencement of Business (S .....

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..... ection 149) A Public company cannot start its business unless it gets a certificate of commencement of business (COB) from the Registrar of companies. * Convene Board Meeting after giving notice to all the directors [Section 286] to discuss besides others the following matters. * To pass a [Board resolution] to approve the preliminary expenses incurred for incorporation of the company. * To .....

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..... pass a [Board resolution] for the appointment of First Auditors of the company. * Inform the Stock Exchange with which shares of the company are listed about the date of this meeting prior to the board meeting. [Clause 19 of the Standard Listing Agreement] * Inform the said Stock Exchange within 15 minutes of the board Meeting, of the outcome of the meeting by letter or fax. * File a declar .....

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..... ation in [ E- form 20] on the stamp paper of requisite value as required the Stamp act of the respective states, with the concerned Registrar of Companies along with the following documents : - Statement in lieu of prospect ( each page should be signed by all the directors of the Company) along with following attached as annexure : * Provisions relating to the appointment and remuneration of Man .....

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..... aging director, director or manager * To approve the preliminary expenses incurred for incorporation of the company. * To appoint the First Auditors of the company. * Scan copy E-form no 20 duly executed on Stamp paper. * Make the payment of requisite fees prescribed by the Companies[Schedule X of Companies Act] * Fees can be paid through Credit Card / by cash / by cheque in favour of " .....

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..... MCA Collection Account ICICI Bank" at the prescribed rates. * ROC will issue a Certificate of Commencement of Business in the name of the company. Reply By Priyanka Jain: The Reply: thanxs
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