Question

The existence of a joint stock company is interrupted by–
(A) the death of its members
(B) the death of its directors
(C) the transfer of share by member
(D) None of these

Answer 1

None of these.......

Answer 2

Option D, none of these.

Existence of a joint stock company is interrupted by none of these.

1. Joint stock company is formed by law and by law alone can it be dissolved.
2. It is not affected by death of its members whether it is directors or shareholders.
3. It is also not affected by transfer of shares.
4. It is independent of its owners or members.