Mark out the document that need not be prepared and register with the registrar of companies in public limited companies
Answers
Memorandum of association need not be registered
Explanation:
The question is incomplete. The choice of answers is not given. Please find the full question below along with the answer.
Mark out the document that need not be prepared and registered with the registrar of companies in public limited companies.
A. Statutory declaration
B. Memorandum of association
C. Articles of association
D. Directors undertakings to take up and pay for qualification shares
Option B is the answer.
Memorandum of association is the document that need not be prepared and registered with the registrar of companies in public limited companies.
Statutory declaration, Articles of association and Directors undertakings to take up and pay for qualification shares should be registered with the registrar of companies in public limited companies.
Explanation:
A memorandum of association is made to present the motive of the company. It is a legal document prepared upon the registration process of limited liability companies. This document defines the relationship of company with shareholders and how it will keep its association with them. This document needs not be presented at the registrar office as it is usually linked with shareholders