Alterations made by a s.242 order have what effect on the articles?
ANeed later ratification
BVoid without SEBI consent
CValid only for one year
DSame as if company made them
Answer & Solution
Correct answer: D. Same as if company made them
Section 242(6) gives the Tribunal-made alterations the same effect as if the company had duly made them.
Keep practising Prevention of Oppression and Mismanagement
Browse all Prevention of Oppression and Mismanagement questions for CA Final, or explore more Law topics.
Related questions
Section 242(2)(m) is a residuary clause covering what?Chapter XVI of the Companies Act 2013 deals with what?Section 340 applies even if the matter involves what liability?Section 341 extends ss.339 and 340 to whom in a firm?Section 339(3) attracts action under which section?A s.339 declaration makes the person liable to what extent?Section 339 liability for fraudulent business arises at what stage?Under s.213(b)(iii), members lacking what is a ground for investigation?