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For a company limited by shares under the Companies Act, 2013, which listed group belongs to the…

Section 9 constitutes the subscribers and subsequent members as the company's body corporate from incorporation. Registered shareholder-members fit that description, whereas…

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For a company limited by shares under the Companies Act, 2013, which listed group belongs to the member-based body corporate described in section 9?

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Correct answer B

Section 9 constitutes the subscribers and subsequent members as the company's body corporate from incorporation. Registered shareholder-members fit that description, whereas lending, employment or outside business dealings alone do not confer membership.

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