New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    A company registered under section 8 of the Companies

    Act shall not alter the provisions of its memorandum or articles except with the previous approval of ____________
    A Central Government Correct Answer Incorrect Answer
    B Reserve Bank of India Correct Answer Incorrect Answer
    C National Company Law Tribunal Correct Answer Incorrect Answer
    D None of the above Correct Answer Incorrect Answer

    Solution

    Companies Act Section 8 Formation of companies with charitable objects, etc.- (4) (i) A company registered under this section shall not alter the provisions of its memorandum or articles except with the previous approval of the Central Government. (ii) A company registered under this section may convert itself into company of any other kind only after complying with such conditions as may be prescribed.

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