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Commerce · Q730

Legal Aspects of Business

Graduate and Post Graduate · Commerce · question 730

Q730

It is a statutory duty of a company secretary to:

A.
make allotment of shares without the consent of directors
B.
register transfer of shares of the company without being specifically authorised by the directors
C.
observe all legal formalities without being specifically authorised by the Board of Directors
Answer
D.
borrow money in the name of the company

Answer: Option C

Solution

Answer: Option C
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