alleryStart learning →A class action can void an alteration resolution obtained by what?
ANarrow majority vote
BOrdinary resolution only
CSuppressed material facts
DPostal ballot voting
Answer & Solution
Correct answer: C. Suppressed material facts
Clause (c) lets a resolution altering the memorandum or articles be declared void if passed by suppression of material facts or mis-statement.
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?