After obtaining certificate of Incorporation from the registrar of the companies, the public company is required to obtain Certificate of Commencement of Business as soon as possible so that it can commence its business.
Where public company has issued prospectus:
1. Allot shares equal to the amount of min. subscription as per sec. 69
2. Directors should pay applicatiion and allotment money on shares t
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31/08/2009 at 12h39 by "manish_cs"
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