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.
He walked at a stretch for 18 kilometres to reach the nearest town.
Choose the correct option showing the meaning of the Idiom highlighted in the given sentence
The company's new product was a game-changer.
...Select the most appropriate meaning of the given idiom.
Like a cakewalk
A person who preserves skin of animals
In the following question a proverb/idiom us given. Select the option that best describes the meaning of the given proverb/idiom.
A stitch in ti...
See eye to eye
Despite his boastful claims, the politician proved to be a man of straw when he couldn't provide any evidence to support his grand promises.Â
...Select the idiom/phrase that most accurately and contextually replaces the bolded segment.
After three failed start-ups, Arjun reluctantly ab...
HEAD AND SHOULDERS ABOVE
I) The new model is head and shoulders above its competitors in terms of both quality and design.
II) His perfo...
Press ahead
