Section 3(1) of the Companies Act, 2013 provides for formation of company for:
Under s.3(1) of the Companies Act, 2013, a company may be formed for any lawful purpose, not for an illegal purpose, and not restricted to religious or charitable purposes…
Choose your answer
Section 3(1) of the Companies Act, 2013 provides for formation of company for:
Answer and explanation
Correct answer C
Under s.3(1) of the Companies Act, 2013, a company may be formed for any lawful purpose, not for an illegal purpose, and not restricted to religious or charitable purposes alone.
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