IFeatureClass pTargetFeatureClass;
pTargetFeatureClass = GetFeatureClassFromShapefileOnDisk("c:\\", "feature_name");
IFeatureLayer pTargetFeatureLayer = pTargetFeatureClass as IFeatureLayer;
IFeatureClass myFeature = CreateFeatureClassWithSR("MyPoints", (IFeatureWorkspace)workspace, gds);
if(myFeature != null) {
//Create an IFeatureLayer
IFeatureLayer featureLayer = new FeatureLayerClass();
CreateDummyPoint(myFeature);
featureLayer.FeatureClass = myFeature;
ILayer layer = (ILayer)featureLayer;
layer.Name = featureLayer.FeatureClass.AliasName;
IMxDocument mxDocument = (IMxDocument)myApplication.Document;
IMap map = mxDocument.FocusMap;
map.AddLayer(layer);
}