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    Question

    If a company which is formed with unlimited liability

    wants to convert to limited liability then it should pass
    A Ordinary resolution Correct Answer Incorrect Answer
    B Special resolution Correct Answer Incorrect Answer
    C No need Correct Answer Incorrect Answer
    D Either A or B Correct Answer Incorrect Answer

    Solution

    For effecting the conversion of an unlimited liability company with or without share capital into limited liability company by shares or guarantee, such a company shall pass a special resolution in a general meeting.

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