04-10-2006, 12:16 AM
<blockquote id="quote"><font size="1" face="Verdana, Tahoma, Arial" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by adeelnasim</i>
<br />Fellows,
Can you people tell me the differences between public and private limited company at the time of formation and incorporation in companies ordinance 1984.If uou know the website then let me know otherwise paste the information here.
I will be very veryyyyyyy thankful.
Regards.
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
Apart from the three reasons posted by Ali in his post a private company can commence its business after the registrar has issued to it the certificate of incorporation after it has furnished the required documents to the registrar. On the other hand a public company cannot commence its business untill a business comencement certificate has been issued to it. Business comencement certificate is issued once the company has issued prospectus or filed a statement in lieu of prospectus.
<br />Fellows,
Can you people tell me the differences between public and private limited company at the time of formation and incorporation in companies ordinance 1984.If uou know the website then let me know otherwise paste the information here.
I will be very veryyyyyyy thankful.
Regards.
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
Apart from the three reasons posted by Ali in his post a private company can commence its business after the registrar has issued to it the certificate of incorporation after it has furnished the required documents to the registrar. On the other hand a public company cannot commence its business untill a business comencement certificate has been issued to it. Business comencement certificate is issued once the company has issued prospectus or filed a statement in lieu of prospectus.