?
A private company:
Answer & Solution
Correct Answer:
Option
A
A private company must register its Articles of Association.
Articles of Association is a vital document for a private company, detailing the regulations for a company's operations and defining its purpose.
The Companies Act mandates that a private company is required to register its Articles of Association along with the Memorandum of Association at the time of incorporation.
Failure to register the Articles of Association would mean that the company does not have a formal set of rules governing its internal management.
Therefore, registering the Articles of Association is a legal necessity for a private company to be formally recognized and to operate lawfully.
Articles of Association is a vital document for a private company, detailing the regulations for a company's operations and defining its purpose.
The Companies Act mandates that a private company is required to register its Articles of Association along with the Memorandum of Association at the time of incorporation.
Failure to register the Articles of Association would mean that the company does not have a formal set of rules governing its internal management.
Therefore, registering the Articles of Association is a legal necessity for a private company to be formally recognized and to operate lawfully.
Join the Discussion
Login to post a comment or share your explanation.
Login