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

    Question

    The Article of a company may be altered by

    _____________
    A An ordinary resolution Correct Answer Incorrect Answer
    B A special resolution Correct Answer Incorrect Answer
    C Board Resolution Correct Answer Incorrect Answer
    D Approval of Central Government Correct Answer Incorrect Answer

    Solution

    Section 14 Alteration of articles- (1) Subject to the provisions of this Act and the conditions contained in its memorandum, if any, a company may, by a special resolution, alter its articles including alterations having the effect of conversion of— (a) a private company into a public company; or (b) a public company into a private company,

    Practice Next