Question

Which of the following statements is INCORRECT in respect of the Memorandum of Association of a company?

A The name clause can be altered by passing a Special Resolution and with approval of the Central Government.
B The Board of Directors has the power to change the registered office of the company within local limits.
C Change in the objects clause requires passing of a special resolution.
D Alteration of the capital clause by subdivision of shares requires the approval of the Central Government.
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RBI Grade B 2026 Phase 1 Memory Based Paper
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