next step after receiving incorporation certificate of a pvt

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nirmal bhushan bal (Querist)
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14 April 2011 How many steps are besides after receiving incorporation certificate from ROC.
Like-Inc-meeting-next procedure. PLs. Help

Jayashree S Iyer

Jayashree S Iyer (Expert)
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15 April 2011 A private limited company can commence business immediately after receiving incorporation certificate.

However a public limited company cannot commence business till it obtains certificate of commencement of business.

It should hold its first board meeting immediately to

- allot shares;
- adopt its common seal;
- appoint auditors; etc.