Q.14
Constitutional Law Medium Act + Section Given

Expert opinion under Section 45 is

A A conclusive proof
B Not a conclusive proof
Supportive and corroborative in nature Answer
D None of these
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Explanation & Strategy

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Under the Companies Act, share capital can be altered by: increasing (ordinary resolution), consolidating/sub-dividing (ordinary resolution), converting to stock (ordinary resolution), or reducing (special resolution + court confirmation).

At a Glance
Subject Constitutional Law
Difficulty Medium
Answer (C) Act + Section Given
Paper AIBE VIII — May 2015
Progress in Paper
Q.14 100 questions

14% through paper