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Commerce · Q302

Legal Aspects of Business

Graduate and Post Graduate · Commerce · question 302

Q302

Before forfeiture of shares the directors of the company have to first of all give a notice allowing at least:

A.
15 days to pay the amount due and interest there on
B.
21 days to pay the amount and interest there on
C.
30 days to pay the amount and interest there on
D.
25 days to pay the amount and interest there on
Answer

Answer: Option D

Solution

Answer: Option D
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