Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Formation of a Company

Question:

It is not compulsory for a public Ltd. company to file Articles of Association. It may adopt.................. of The Companies Act, 2013.

Options:

Table F

Table C

Table E

Table A

Correct Answer:

Table F

Explanation:

The correct answer is option 1- Table F.

The Companies Act, 2013 offers Table F as a model set of articles that a Public Limited Company can adopt. This table covers various aspects like interpretation, membership, share capital, transfer of shares, general meetings, board meetings, accounts, dividends, and winding up. Using Table F can save time and cost compared to drafting custom articles. It provides a readily available framework for governance.