alleryStart learning →A subscriber to the memorandum is deemed to have agreed to become a?
ADebenture holder
BMember of company
CPromoter of company
DDirector of company
Answer & Solution
Correct answer: B. Member of company
Section 2(55)(i) deems the subscriber to have agreed to become a member, entered in the register on registration.
Keep practising Companies Act - Preliminary
Browse all Companies Act - Preliminary questions for CA Inter, or explore more Law topics.
Related questions
A Global Depository Receipt is created by a depository located where?A firm in which a director's relative is a partner is a?'Remuneration' includes perquisites as defined under which Act?A notification under the Act is published where?Which Act is listed as a 'previous company law'?'Prescribed' under the Act means prescribed by what?'Banking company' is defined by reference to which Act?'Book or paper' also covers records kept in which form?