"The Certificate of incorporation is a conclusive proof that all the (10) requirements of the Act in respect of formation of the company, have been complied with"? Explain.
The Certificate of Incorporation is an official document issued by the Registrar of Companies (RoC) upon the successful registration of a company. It is an important legal instrument that signifies the birth of a company as a separate legal entity. According to the provisions of company law, particularly under the Companies Act, the Certificate of Incorporation serves as conclusive evidence that the company has been properly formed in accordance with the requirements of the law.
Under the Companies Act, several steps are involved in the formation of a company, and the Certificate of Incorporation provides proof that these steps have been duly completed. The major requirements under the Act include:
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