When a company does not have its own articles of association, provisi…

The correct answer is Option (1) → Table A

Note: The given answer is as per the official NTA Answer Key. For this question, Option (2) could also be a possible answer, as explained below.

The articles of association are the internal rules of a company. A company that does not frame its own articles is governed by a model set of articles given in the Companies Act. Under the old Companies Act, 1956 this model was Table A; under the Companies Act, 2013, now in force, it is Table F of Schedule I. The NCERT book uses both names: its box on the issue of shares says Table A, and its section on calls in arrears says Table F.

• Option (1) Table A — Correct. This is the model table named in the book’s box, in the words of the question.

• Option (2) Table F — Should also be correct, though not the answer given by NTA. Table F is the model of articles for a company limited by shares under the Companies Act, 2013.

• Option (3) Table C — Incorrect. Table C is the model memorandum and articles for a company limited by guarantee without share capital.

• Option (4) Table E — Incorrect. Table E is the model articles for an unlimited company.

Advice for the exam: When more than one option is correct, mark the one that answers the question most completely, here the table that matches the book’s own words. If NTA’s provisional answer key marks a different option, challenge it during the answer-key challenge window, giving proper reasoning. NTA does revise its key when a challenge is well justified, so a sound challenge can raise your marks.