Legal Aspects Of Business - Study Mode

[#631] Period for disposing first appeal can be expand by . . . . . . . . days from 30 days, if necessary.
Correct Answer

(C) 15

[#632] What are the essentials for a person to employ an agent?
Correct Answer

(C) The person should be a major, according to the law to which he is subject and should also be of sound mind

[#633] An act ultra virus the directors can be rectified, if it does not ultra virus
Correct Answer

(C) Company Act

[#634] A private company:
Correct Answer

(A) Has to register its Articles of Association

Explanation

Solution: A private company must register its Articles of Association. Articles of Association is a vital document for a private company, detailing the regulations for a company's operations and defining its purpose. The Companies Act mandates that a private company is required to register its Articles of Association along with the Memorandum of Association at the time of incorporation. Failure to register the Articles of Association would mean that the company does not have a formal set of rules governing its internal management. Therefore, registering the Articles of Association is a legal necessity for a private company to be formally recognized and to operate lawfully.

[#635] What is the time limit to get the information under RTI Act, 2005?
Correct Answer

(B) 30 days