alleryStart learning →A s.241(1)(b) change is excluded if made in whose interest?
ACreditors, debenture holders
BDirectors in office now
CStatutory auditors only
DEmployees of the company
Answer & Solution
Correct answer: A. Creditors, debenture holders
Section 241(1)(b) leaves out changes brought about by, or in the interests of, creditors including debenture holders.
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