A class action suit may be filed by prescribed number of members of a company before the Tribunal on…
Section 245(1)(c) of the Companies Act, 2013 allows members or depositors to seek a declaration that a resolution altering the memorandum or articles is void if passed by…
Choose your answer
A class action suit may be filed by prescribed number of members of a company before the Tribunal on behalf of the members or depositors for seeking any of the following orders except:
Answer and explanation
Correct answer C
Section 245(1)(c) of the Companies Act, 2013 allows members or depositors to seek a declaration that a resolution altering the memorandum or articles is void if passed by suppression of material facts or mis-statement, not a resolution merely following them, so the relief not available is "to declare a resolution following the memorandum or articles of the company as void if the resolution was passed by suppression of material facts or obtained by mis-statement to the members or depositors".
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