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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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____________ means a person ceases being a member of the company of membership.
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A person whose name is entered in Register of Members.
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| Group A | Group B |
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Answer in one sentence:
Which individuals cannot become a member of a company?
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Partnership Firm can be a member of a company.
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Transmission of Shares
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Subscribers to Memorandum of Association are the first members of the company.
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Members of the company have some fundamental corporate decision-making rights.
