In which of the following cases, the Court cannot order rectification of instrument-
A. Where the instrument through fraud does not express their real intention
B. Where the instrument through mutual mistake does not express their real intention
C. Where the instrument is the articles of association of a company
D. Where the rectification of the instrument can be done without prejudice to right acquired by third persons in good faith and for value
Answer: Option C
This Question Belongs to Law >> Indian Companies Act
Which among the following is regarded as the most important document of a company?
A. Annual Report
B. Prospectus
C. Articles of Association
D. Memorandum of Association
A. Participating preference shares
B. Cumulative preference shares
C. Non-cumulative preference shares
D. Non-Participating preference shares
Under the Companies Act every person subscribing to the Memorandum of a company must take at least
A. 100 shares
B. 20 shares
C. 10 shares
D. 1 share
A. Authorising the destruction of corporations for the purpose of engaging in any lawful enterprise, business, pursuit, or occupation, is not restricted in meaning to a scheme for making money, but includes any object consistent with the interest of society
B. Authorising the dissolution of corporations for the purpose of engaging in any lawful enterprise, business, pursuit, or occupation, is not restricted in meaning to a scheme for making money, but includes any object consistent with the interest of society
C. Authorising the formation of corporations for the purpose of engaging in any lawful enterprise, business, pursuit, or occupation, is not restricted in meaning to a scheme for making money, but includes any object consistent with the interest of society
D. Authorising the reconstruction of corporations for the purpose of engaging in any lawful enterprise, business, pursuit, or occupation, is not restricted in meaning to a scheme for making money, but includes any object consistent with the interest of society
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