What is the effect of conclusiveness of the 'Certificates of Incorporation' and' Commencement of Business'?

Explanation

Effect of Certificates of Incorporation:

`→` A company becomes a legal entity with perpetual succession on the date printed on the
Certificate of Incorporation. After conclusiveness of the certificate of incorporation, the
company becomes entitled to enter into valid contracts.

`→`The Certificate of Incorporation is a conclusive evidence of the regularity of the
incorporation and legal existence of a company even if there is any flaw in its registration process.

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Effect of Certificate of Commencement of Business

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