New Enroll for RBI, PFRDA & NABARD Intro Class! April 18 at 9:15 PM

    Question

    The Article of a company may be altered by

    _____________
    A An ordinary resolution Correct Answer Incorrect Answer
    B A special resolution Correct Answer Incorrect Answer
    C Board Resolution Correct Answer Incorrect Answer
    D Approval of Central Government Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Explanation: Section 14 Alteration of articles- (1) Subject to the provisions of this Act and the conditions contained in its memorandum, if any, a company may, by a special resolution, alter its articles including alterations having the effect of conversion of— (a) a private company into a public company; or (b) a public company into a private company.

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