Financial and Management Accounting

1: The power to forfeit shares must be provided in the
A.
Articles of Association of the company as the Companies Act does not contain any provision regarding forfeiture of shares.
B.

Memorandum of Association

C.

Registrar of Companies

D.

Company Law Board.

 

Answer : A

Explanation :

Write your comments here:


Report Error
 

Option: A

Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here.