alleryStart learning →Who signs the circular copy sent to the Registrar under Rule 4(5)?
AThe statutory auditor
BThe managing director
CA majority of directors
DThe company secretary
Answer & Solution
Correct answer: C. A majority of directors
The copy filed at least thirty days before issue must be signed by a majority of directors as constituted when the Board approved it.
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Where must a company inviting public deposits upload the circular?A deposit circular stays valid for how long after the financial year closes (at most)?On whose authority and name must a deposit circular be issued?An eligible company's public deposit circular is issued in which form?A section 73(2) company can send its member circular by which mode?After issuing the circular, what may a company not reserve a right to do?Who alone is entitled to brokerage on deposits procured for a company?Deposit interest and brokerage may not exceed the maximum set by whom?