If a subscriber to the Memorandum is illeterate then how can he sign them?
If a subscriber to the Memorandum is illeterate then how can he sign them?
| Originally posted by :Kausha Mehta | ||
| " | If a subscriber to the Memorandum is illeterate then how can he sign them? | " |
An illeterate subscriber need not sign the Memorandum of Association. He should affix his thumb impresion in the presence of a representative person . The latter should then place the name of the executant against or below the thumb impresion and authenticate by signing his own signature.The contents of MOA has to be explained by the representative person to the subscriber.
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
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Naveen Fintech Pvt Ltd
Kolkata
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