commencement of certificate

[Priyanka Jain]

Dear Sir/Mam

I want to know complete process step wise of how to obtain certificate of commencement of business.

 

Thanxs

Priyanka Jain

 

 

AI Summary

Public companies must secure a Certificate of Commencement of Business by filing E-form 20 before starting operations. A public company must obtain a Certificate of Commencement of Business (COB) from the Registrar of Companies before starting operations. The process involves convening a board meeting to approve preliminary incorporation expenses and appoint the first auditors. The company must inform the relevant stock exchange about the meeting details and outcomes. A declaration in E-form 20, signed by all directors, must be filed with the Registrar, along with a statement in lieu of a prospectus and other necessary documents. The required fees must be paid to the MCA Collection Account. Upon completion, the Registrar issues the COB.