Question
Section 7 requires a declaration by professionals that
βall requirements of the Act have been complied with.β Consider:Β (1) False declarations attract penalty. (2) Fraudulent declarations can trigger Section 447. (3) ROC may physically inspect the registered office. (4) Incorporation can be cancelled if obtained by fraud.Solution
All represent provisions found in Section 7(7), 7(5), and related rules.
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