Question

    Under the Companies Act, what change was made regarding

    the common seal of a company after the Companies (Amendment) Act, 2015?
    A The common seal was made mandatory for all companies Correct Answer Incorrect Answer
    B The common seal was omitted and is no longer required Correct Answer Incorrect Answer
    C The common seal was restricted to public companies only Correct Answer Incorrect Answer
    D The common seal was replaced with an electronic signature Correct Answer Incorrect Answer
    E The common seal was retained for companies limited by guarantee only Correct Answer Incorrect Answer

    Solution

    Section 3. Companies (Amendment) Act, 2015: In section 9 of the principal Act, the words “and a common seal” shall be omitted.

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