Vidyalelo
Commerce · Q161

Business and Commerce

Graduate and Post Graduate · Commerce · question 161

Q161

___________ is a substitute for a companys signature.

A.
Director signature
B.
Manager Signature
C.
Common Seal
Answer
D.
Managing Director Signature

Answer: Option C

Solution

Answer: Option C
Solution:
Common Seal is a substitute for a companys signature. Common Seal is the official signature of the company and each company shall have only one seal, on its incorporation. It is to be used in the manner prescribed in the Articles of Association and the Companies Act, 2013.