Hello sir,
my question is,Is sect.08 co become member of another co. where memo of such company not permit.But AOA permit.
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membership of Sec.8 co.
Replies (2)
company being an artificial person and a body corporate, can acquire shares in
other company provided it is authorised by its memorandum or articles of
association of the company.
other company provided it is authorised by its memorandum or articles of
association of the company.
thanks sir
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