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Under Schedule I to the Companies Act, 2013, the form of memorandum of association of a company limited…

In Schedule I to the Companies Act, 2013, Table A is the memorandum of association of a company limited by shares. Table B is the memorandum of a company limited by…

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Under Schedule I to the Companies Act, 2013, the form of memorandum of association of a company limited by shares is set out in which Table?

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Answer and explanation

Correct answer A

In Schedule I to the Companies Act, 2013, Table A is the memorandum of association of a company limited by shares. Table B is the memorandum of a company limited by guarantee and not having a share capital, and Table C the memorandum of a company limited by guarantee and having a share capital. Table F is the model articles of association of a company limited by shares.

Under the earlier law, Table B was the memorandum and Table A the articles of a company limited by shares (formerly Schedule I to the Companies Act, 1956). Under the 2013 Act that order has changed.

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