i. State the date on which Sagar company limited came into existence legally? ii. On which date will the company get its Corporate

Question

i. State the date on which Sagar company limited came into existence legally? ii. On which date will the company get its Corporate

Study the following case and express your opinion:

Sagar company limited got its Certificate of Incorporation on 1st September 2018. The application for Incorporation was submitted on 16th August 2018. There were 10 promoters who took the steps to incorporate the company.

i. State the date on which Sagar company limited came into existence legally?

ii. On which date will the company get its Corporate Identity Number?

iii. How many minimum promoters are needed for incorporating a public company?

Monjur Alahi

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2025-01-04 04:42

1 Answers

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Salim Ahmed Kawsar · Accepted Answer · 2023-02-05T15:29:48+06:00

i. Sagar Company Limited came into existence legally after receiving an incorporation certificate on 1st September 2018.

ii. At the time of issuing the Incorporation Certificate, ROC allows a CIN to the company, which is 1st September 2018.

iii. There are three types of companies like Public Company, Private Company and One Person Company, in which Public Company needs minimum 7 Promoters/Persons for incorporating.