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Question
State whether the following statement is True or False:
Entrenched Articles cannot be easily altered.
Options
True
False
Solution
True
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RELATED QUESTIONS
Select the correct answer from the option given below and rewrite the sentence.
_______is a primary document of the company which contains the aims and objectives of the company.
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The ______ Clause describes the range of activities a company can undertake
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Term used for acts beyond the scope of Memorandum of Association.
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Write a word or a term or a phrase which can substitute the following statement:
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Every subscriber who signs the Memorandum must also sign the Articles.
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Find the odd one.
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Study the following case/situation and express your opinion:
The Articles of a company stated that while borrowing any money from outsiders. The document must have the signatures of the Managing Director (MD) and any one of the directors. The Articles of Association clearly stated the procedure to be followed while borrowing money. The Managing Director did not follow all the procedures but still borrowed money from Mr. X. Mr. X assumed that the MD has followed the required procedures:
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