The certified prospectus copy must show approval by what?
ASpecial resolution of the members
BResolution of the managing body
COrder of the Company Law Tribunal
DNotification by the Central Government
Answer & Solution
Correct answer: B. Resolution of the managing body
The certification under section 389 states that the prospectus was approved by resolution of the managing body.
Keep practising Companies Incorporated Outside India
Browse all Companies Incorporated Outside India questions for CA Inter, or explore more Law topics.
Related questions
Old foreign companies still deliver documents under which 1956 Act section?Exemption notifications under 393A are laid before whom?Non-compliance with Chapter XXII does what to its contracts?For a continuing offence, the extra fine on a foreign company may extend to what amount peWhat is the minimum fine on a foreign company for contravening Chapter XXII?Closure of a foreign company's Indian place of business with unpaid securities money folloWhich sections on prospectus misstatement apply under section 391?Which matter do IDR rules cover?