CSEET · Business Laws and Management · Elements of Company Law
Match the provision with its subject. P. Section 30; Q. Section 65; R. Section 378ZB. 1. Reserve share capital on conversion of an unlimited company; 2. Advertisement of prospectus; 3. Share capital of a Producer Company.
The correct matching is Section 30 with advertisement of prospectus, Section 65 with reserve share capital on conversion of an unlimited company into a limited company, and Section 378ZB with share capital of a Producer Company.
- AP-2, Q-1, R-3Correct
- BP-1, Q-2, R-3
- CP-2, Q-3, R-1
- DP-3, Q-1, R-2
Explanation
Section 30 deals with advertisement of a prospectus, Section 65 with reserve share capital when an unlimited company becomes limited, and Section 378ZB with the share capital of a Producer Company, which consists of equity shares only.
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