Question
Under the Companies Act what is the extent of the
Members' liability for the company's obligations in a Producer Company limited by shares?Solution
Section 378C - Formation of Producer Company and its registration: (3) A Producer Company so formed shall have the liability of its Members limited by the memorandum to the amount, if any, unpaid on the shares respectively held by them and be termed a company limited by shares.
According to the Contract Act what is the legal status of an agreement in which the parties agree to perform an act that is inherently impossible?
For a revocation to be effective when should it be made?
Is According to the Contract Act Consideration not necessary_____________
The ______________ shall appoint a person who is qualified to be appointed a Judge of a High Court to be Advocate General for the State
What is the age of majority of a person domiciled India in as per the Majority Act, 1875?
The burden of proof as to any particular fact lies on that person
What is the period of limitation if the offence is punishable with imprisonment for a term exceeding one year but not exceeding three years under the CrPC?
How should disputes regarding the status of individuals as whole time officers or employees of an existing insurer be addressed after the appointed day?...
What is the minimum number of members in a public company_______________
What does resolution plan mean?
