Memorandum of Association — SPCC STD 11 Commerce — Question
Gujarat BoardEnglish MediumSTD 11 CommerceSPCCMemorandum of Association2 Marks
Question
When are the changes done in object clause considered void?
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Answer
When a company is limited by guarantee and does not have share capital can give any member right to participate in the divisible profits of a company, any other change of object clause shall be considered void.
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