When are the members of a Company considered to be severally liable under the Companies Act, 2013?
Section 3A Members severally liable in certain cases: If at any time the number of members of a company is reduced, in the case of a public company, below seven, in the case of a private company, below two, and the company carries on business for more than six months while the number of members is so reduced, every person who is a member of the company during the time that it so carries on business after those six months and is cognizant of the fact that it is carrying on business with less than seven members or two members, as the case may be, shall be severally liable for the payment of the whole debts of the company contracted during that time, and may be severally sued therefor.
Conclusions:
I. All Passages can be Streets
II. Some Footpaths are Roads
Statements:
Statements:
All balls are bats.
Some umpires are bats.
Some players are umpires.
Conclusions:
I. Some players are...
In the question below some statements are given followed by three conclusions I II and III. You have to take the given statements to be true even if th...
Statements:Some mugs are soaps.
Some soaps are taps.
Conclusions:I. Some taps are mugs.
II. No mugs is tap.
Statements-:
Some Sons are daughter.
A few daughters is Mother
Many mothers is father
At most Sons are child.
C...
Statement:
Each A is Z.
Only a few Z are B.
Some B are Y.
Conclusion:
I. All Z are A.
II. All A are not ...
Statements:
Some laptops are printer.
All printer are camera.
Some camera are scanner.
Conclusions:
I. So...
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Some numbers are not letters.
Only letters are consonants.
Conclusions: I. All letters may be co...
Statement:
Some lehenga are saree.
Only a few suit are dhoti.
Only a few dhoti are hanky.
All lehenga are hanky....
Statement : Some biscuits are cakes.
All cakes are flours.
All flours ar...
