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What Is The Importance Of Certificate Of Incorporation?

Answer»

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.

The certificate of incorporation is a conclusive evidence about various matters mentioned below:


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