Question
When are the members of a Company considered to be
severally liable under the Companies Act, 2013?Solution
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.
What does the Query Optimizer do in RDBMS architecture?
BGP path selection primarily prefers:
Write a query to fetch department-wise count of employees sorted by department’s count in ascending order. EmployeeInfo is the table name.
...Which circuit configuration has a single path for current flow?
Which of the following represents a query in tuple calculus that selects all tuples where the "Age" attribute is greater than 30?
Which number system uses a base of 2?
What is a default route in routing?
Which notation is used to represent a weak entity in an ER diagram?
The SI unit for measuring frequency is:
In the ER model, what does a double oval represent?
