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A company enjoys better avenues for borrowing of funds. It can issue debentures, secured as well as unsecured, accept deposits from the public, etc. Even banking and financial institutions prefer to render large financial assistance to the company rather than partnership firms or proprietary concerns
It is not mandatory to have the registered office address proof in the name of the Director. In case the registered office is not in the name of Director, a No Objection Certificate (NOC) from the owner of the premise is required.