Multiple Choice Questions on The MOA of OPC shall state the name of any other person who shall become the member of OPC in case o........... for SEBI Grade A ( Officer) Exam Preparation

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Multiple Choice Questions

The MOA of OPC shall state the name of any other person who shall become the member of OPC in case o...........

Companies Act-Phase (I & II) Introduction to Company Act
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    The MOA of OPC shall state the name of any other person who shall become the member of OPC in case of _______ of the subscriber to MOA:

    Death

    Incorrect Answer

    Incapacity to contract

    Incorrect Answer

    Death or Incapacity to contract

    Correct Answer

    Death or insolvency of person

    Incorrect Answer
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    Explanation:

    The subscriber to MOA of a OPC shall nominate a person, by obtaining prior written consent of such person, who shall in the event of the subscriber’s death or his incapacity to contract, become the member of that OPC.

    By: Vikas Goyal
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