New SIDBI Grade A New Batch Starts on Nov 18

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    Question

    Any change in the name of the person indicated in the Memorandum of One Person Company as a nominee ________________________

    A May be deemed to be an alteration of the memorandum Correct Answer Incorrect Answer
    B Shall be deemed to be an alteration of the memorandum Correct Answer Incorrect Answer
    C Shall not be deemed to be an alteration of the memorandum Correct Answer Incorrect Answer
    D May not be deemed to be an alteration of the memorandum Correct Answer Incorrect Answer
    E Is deemed to be an alteration of the memorandum Correct Answer Incorrect Answer

    Solution

    Section 3. Formation of company: (1) Provided also that any such change in the name of the person shall not be deemed to be an alteration of the memorandum.

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