commencement of business

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law project

Law

Commencement of business
1. Alsoknownastradingcertificate
2. Issuedbyregistraraftersharespayable incashhas beenallowedtoextendof minimum
subscription,everydirectorhaspaidincashthe applicationandallotmentmoneyfor
shares,statutory declaration
3. Conclusive evidence thatthe companyisentitled
4. Companyisboundto commence businesswithinayear

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