Skip to content

CMA Intermediate · Business Laws and Ethics · Company Types, Promotion, Formation and Related Procedures

Under the Companies Act, 2013, once the Registrar registers the documents and issues a certificate of incorporation, he also allots to the company a distinct identity number. What is this number called?

The number is the Corporate Identity Number. Under section 7(3), the Registrar allots it from the date mentioned in the certificate of incorporation, it is a distinct identity for the company, and it is included in the certificate itself.

  1. ADirector Identification Number
  2. BCorporate Identity NumberCorrect
  3. CPermanent Account Number
  4. DRegistration Folio Number

Explanation

Section 7(3) provides that on and from the date mentioned in the certificate of incorporation, the Registrar allots a corporate identity number, which is a distinct identity for the company and is included in the certificate. DIN relates to directors, not the company.

Did you get it right without looking?

One question tells you little. A timed set on Company Types, Promotion, Formation and Related Procedures shows your real accuracy, how long you take and where you lose marks.

Practise Company Types, Promotion, Formation and Related ProceduresFree diagnostic mock

More Company Types, Promotion, Formation and Related Procedures questions