Under the Companies Act, 2013, former employees who became members during employment and continued…
Under the same Explanation, a person who became a member while in the company's employment and has continued as a member after that employment ended is also excluded from…
Choose your answer
Under the Companies Act, 2013, former employees who became members during employment and continued thereafter shall:
Answer and explanation
Correct answer A
Under the same Explanation, a person who became a member while in the company's employment and has continued as a member after that employment ended is also excluded from the membership count, not treated as a public shareholder, counted twice, or deemed to have lost membership.
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