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Question
State whether the following statement is True or False:
Both, individuals and body corporate can be members of the company.
Options
True
False
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Solution
True
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RELATED QUESTIONS
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________ is a person whose name is entered in the Register of Members.
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End of membership of a person.
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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.
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| Group A | Group B |
| Minor | ___________ |
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Partnership Firm can be a member of a company.
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Member
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Members of the company have some fundamental corporate decision-making rights.
