Under section 7(1)(a) of the Companies Act, 2013, who must sign the memorandum and articles filed with the Registrar for the incorporation of a company?
Question and options
Under section 7(1)(a) of the Companies Act, 2013, who must sign the memorandum and articles filed with the Registrar for the incorporation of a company?
All the subscribers to the memorandum
The professional engaged in forming the company
A promoter named in the memorandum, for all subscribers
The persons named as the first directors
Answer and explanation
Section 7(1)(a) requires the memorandum and articles to be duly signed by all the subscribers to the memorandum in the prescribed manner. The professional engaged in the formation, and the persons named as first directors, instead make the declaration of compliance under section 7(1)(b); a single promoter cannot sign for everyone.
Practice for these exams
-
All India Bar Examination (AIBE)
Subject revision
See pack details on LawMint.net -
UGC NET Law
Subject revision
See pack details on LawMint.net -
IIT Kharagpur LL.M. Entrance
Subject revision
See pack details on LawMint.net -
CLAT PG
Subject revision for a passage-based exam
-
CUET PG Law (LL.M.)
Subject revision
-
AILET PG
Subject revision
-
Bihar Judicial Services
Subject revision
Related exam syllabi
More solved explanations in Incorporation; memorandum & articles; ultra vires, constructive notice & indoor management
- Under the Companies Act, 2013, conversion of a public company into a private company shall not be valid unless approved by:
- Which statement is incorrect regarding the format of Articles of Association given in Schedule-I of the Companies Act, 2013?
- Under the doctrine of indoor management, outsiders are not expected to know:
- “Once certificate of incorporation is issued it can’t be challenged before court of law.” This rule is laid down in
- When a company gets involved in an ultra vires transaction, there are several remedies available against it Point out which one of the following is not a correct…