11th Class Business Studies Formation Of A Company

  • question_answer 14) If a company is registered on the basis of fictitious names, its incorporation is invalid.

    Answer:

    False The Certificate of Incorporation once issued, is a conclusive evidence of the existence of the company even if there were deficiencies in the formalities. Even when a company gets registered with illegal objects using fictitious names, the birth of the company cannot be questioned. The only remedy available is to wind it up.

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