New NABARD Workshop - Last 4 year trend. March 5 at 5 PM. Register here

    Question

    According to the Companies Act tin case of a Producer

    Company the alteration of the provisions of memorandum relating to the change of the place of its registered office from one State to another shall not take effect unless _____________.
    A It is approved by the appropriate Authority Correct Answer Incorrect Answer
    B It is approved by the Board of Directors Correct Answer Incorrect Answer
    C It is approved by the Tribunal on an application Correct Answer Incorrect Answer
    D It is approved by the Central Government on an application Correct Answer Incorrect Answer
    E It is approved by the Central Government in consultation with the Tribunal Correct Answer Incorrect Answer

    Solution

    It is approved by the Central Government on an application, Explanation: Section 378H - Amendment of memorandum: (4) The alteration of the provisions of memorandum relating to the change of the place of its registered office from one State to another shall not take effect unless it is approved by the Central Government on an application in such form and manner as may be prescribed.

    Practice Next