Business Studies

Write a word or a term or a phrase which can substitute each of the following statements :
A model set of 99 articles attached to Companies Act, 1956.


ANSWER

Table A


SOLUTION
Table A is the name given to the prescribed format for articles of association of a company limited by shares under the Companies Act 1985 and earlier legislation. When a company limited by shares was incorporated, it didn’t need to file articles if it used ‘Table A’ as its articles.  Table A has now been replaced by the new model articles for all companies registered from 1st. October 2009. Existing companies will still be regulated by their existing articles, based on the version of Table A in force when the company was registered or the latest articles adopted. Such companies may find it beneficial to update their articles by adopting new regulations based on  model articles.
View Full Answer

Its FREE, you're just one step away


Single Correct Medium Published on 18th 08, 2020
Next Question
Questions 244531
Subjects 8
Chapters 125
Enrolled Students 145
Enroll Now For FREE

Realted Questions

Q1 TRUE/FALSE Medium
State  the following statement is True of False:
The secretary of a public limited company is elected by shareholders.
  • A. True
  • B. False

Asked in: Business Studies - Private, Public and Global Enterprises


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q2 Subjective Medium
Q. 10. On the basis of following pictures you are required to answer the following questions:
(a)  Identify public enterprises lo which following organizations belong.
(b)  State at least two features for each form identified.

Asked in: Business Studies - Private, Public and Global Enterprises


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q3 TRUE/FALSE Medium
MNCs have played a huge role in the Indian economy in the past decade.
  • A. True
  • B. False

Asked in: Business Studies - Private, Public and Global Enterprises


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q4 Single Correct Medium
Which of the following is/are advantage of MNC's?
  • A. The activities of MNC's in the host countries may be harmful to the national interests as MNC's are solely guided by the profit maximization.
  • B. MNC's restrict competition and acquire monopoly power in certain areas in the host countries.
  • C. The activities of MNC's in the host countries not harmful to the national interests as MNC's are solely guided by the profit maximization.
  • D. MNC's help the host countries to reduce the imports and promote the exports by raising domestic production.

Asked in: Business Studies - Private, Public and Global Enterprises


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q5 Subjective Medium
Name the company in which at least 51% shares are kept by government.

Asked in: Business Studies - Private, Public and Global Enterprises


1 Verified Answer | Published on 18th 08, 2020

View Answer