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Commerce · Q587

Accounting

Graduate and Post Graduate · Commerce · question 587

Q587

Which of the following conditions have to be met to receive calls-in-advance?

A.
It should be authorised by a special resolution of the company
B.
It should be authorised by an ordinary resolution of the company
C.
It should be approved by the Company Law Board
D.
It should be authorised by the articles
Answer

Answer: Option D

Solution

Answer: Option D
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