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A company got its Certificate in Incorporation on 20th August , 2019 and on the certificate the date was written as 10th August , 2019 . The company allotted some shares on 18th August . Is the allotment valid or not ? Give reason in support your answer .

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Yes , it is a valid allotment because though the registrar issued the certificate of incorporation on 20th August , 2019 but on the certificate 10th August was written . So in the eyes of law , the company was registered on 10th August as the certificate of incorporation is the conclusive evidence of its legal existence of the company .

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