When are the members of a Company considered to be severally liable under the Companies Act, 2013?
Sec. 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.
Statements:Some Pulsar are not bajaj.
All bajajs are Hero.
Conclusions:I. Some bajaj are not Pulsar.
II. Some Heros are not bajaj...
Statement:
Few buses are truck.
At-most some bus are Tractor.
Only a few Tractors are train.
Conclusion:
1. Some T...
Statement:
Some mad are sad.
Only a few sad are bad.
All bad are lad.
No lad is dad.
All dad are g...
Statements:
No pen is pencil.
Some pencil is eraser.
All eraser is box.
Some box is scale.
Conclusions:
...Statements:
Only cats are bats.
No cat is pig.
All pigs are dogs.
All pigs are camels.
Conclus...
Statement:
Each O is P.
Only a few P are J.
Some J are K.
Conclusion:
I. All P are O.
II. All O are not ...
Statements: Some papers are copies.
No copy is a diary.
Some diary are cardboard.
Conclusions:I. No diary is papers.
II. S...
Statements: No wire is a line.
All lines are modems.
Conclusions: I. Some modem...
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:
All schools are colleges.
No college is an institute.
Conclusions:
I. Some colleges are not institutes.
