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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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