Before forfeiture of shares the directors of the company have to first of all give a notice allowing at least:
A. 15 days to pay the amount due and interest there on
B. 21 days to pay the amount and interest there on
C. 30 days to pay the amount and interest there on
D. 25 days to pay the amount and interest there on
Answer: Option D
This Question Belongs to Commerce >> Legal Aspects Of Business
Join The Discussion
Comments ( 1 )
Related Questions on Legal Aspects of Business
A. 5 years imprisonment or 5 lakh rupees penalty or both
B. Life imprisonment
C. 3 years imprisonment or 2 lakh rupees penalty or both
D. None of the above
A. Proposal
B. Promise
C. Contract
D. None of these
What aspect of a patented product is tested by PCT?
A. Priority
B. Novelty
C. Exclusivity
D. Commercial value
The Competition Act, 2002 seeks to regulate
A. Anti-competitive agreements
B. Mergers and amalgamation
C. Unfair trade practices
D. Both A and B
14 days