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    Question

    Which of the following is most essential for a

    company? 
    A Memorandum of Association Correct Answer Incorrect Answer
    B Share Capital Correct Answer Incorrect Answer
    C Certificate of Incorporation Correct Answer Incorrect Answer
    D Prospectus Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The Memorandum of Association is the most essential document, as it defines the constitution and scope of powers of a company and is mandatory for incorporation under the Companies Act, 2013.

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