Question
When are the members of a Company considered to be
severally liable under the Companies Act, 2013?Solution
Section 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.
For the 18th Lok Sabha elections, which district in Haryana featured in special Pink, Green, Youth, and PWD booths?
Where was the 3rd test match of England vs India Test Series 2021 played?
Order of the Nile was reconstituted to serve as highest state honor of which of the following countries?
The Chairperson of the National Human Rights Commission is appointed by the :
Pandit Anokhe Lal Mishra, a gem among musicians in India, was a renowned player of which of the following instruments?Â
In January 2023, who was sworn in as the Chief Minister of Bihar for the ninth time?Â
In which of the following month the GST collection cross 1.5 Lakh Crores:
Which of the following is an Indirect Tax in India?
How many types of writs can be issued by the Supreme Court to protect the Fundamental Rights of Indian citizens?
Pusa Hybrid 4 is a hybrid variety of:
