Company Affairs (CS) Interview Question:

Do you know the importance of certificate of incorporation?

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The certificate of incorporation is a conclusive evidence about various matters mentioned below:
★ A proof of legal existence of a company.
★ A proof showing that all the legal requirements have been complied with.
★ Certificate of incorporation and pre-incorporation contracts.
★ Company acquires a perpetual succession after the issuance of certificate of incorporation is issued to the company.
★ The property or assets acquired in the name of the company become the property, assets of the company and not of its members.
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