Alteration of articles under Section 14 of the Companies Act, 2013 is subject to:
Section 14(1) opens: "Subject to the provisions of this Act and the conditions contained in its memorandum, if any, a company may, by a special resolution, alter its…
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Alteration of articles under Section 14 of the Companies Act, 2013 is subject to:
Answer and explanation
Correct answer A
Section 14(1) opens: "Subject to the provisions of this Act and the conditions contained in its memorandum, if any, a company may, by a special resolution, alter its articles". An ordinary resolution is not enough, and Tribunal or creditor approval is not a general requirement.
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