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Question
Complete the sentence:
In case of death or insolvency of a member, he will cease to be a __________
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Solution
In case of death or insolvency of a member, he will cease to be a Member of a company.
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RELATED QUESTIONS
Select the correct answer from the options given below and rewrite the statement:
A _______ cannot be a member of a company.
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End of membership of a person.
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Book in which names of all members are entered.
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Becoming a member of a company.
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Both, individuals and body corporate can be members of the company.
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Legal competency to enter into contracts is one of the criteria to become a member of the company.
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Minor can be the member of the company
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Member of the company is conferred with several rights.
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Member is entitled to profits of the company when a dividend is declared.
Find the odd one:
Complete the sentence:
Members have a right to appoint and remove the __________
Select the correct option form the bracket.
| Group A | Group B |
| Minor | ___________ |
Select the correct option form the bracket.
| Group A | Group B |
| Co-operative | ___________ |
Answer in one sentence:
What is the common way of becoming a member of a company?
Correct the underlined word and rewrite the following sentence:
A Minor can be a member of a company.
Justify the following statement.
Insolvent person ceases to be the Member of the company.
Justify the following statement.
Members of company are entitled to several rights.
