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      Question

      Section 7 requires a declaration by professionals that “all requirements of the Act have been complied with.” Consider:  (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.

      A 1 and 2 Correct Answer Incorrect Answer
      B 1, 2, 3 Correct Answer Incorrect Answer
      C 1, 2, 4 Correct Answer Incorrect Answer
      D 2, 3, 4 Correct Answer Incorrect Answer
      E All of the above Correct Answer Incorrect Answer

      Solution

      All represent provisions found in Section 7(7), 7(5), and related rules.

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