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A company with 152 members wants to alter its objects clause to enter a new line of business. What is required?

Answer & Solution
Correct answer: C.
1. Under Section 13, alteration of the Memorandum's objects clause requires a special resolution. 2. Regional Director's confirmation is required only for shifting registered office between states (Section 13(4)). 3. Hence (B). _Source: ICAI BoS CA Inter Paper 2 — Preliminary_
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