Business Studies, asked by Pocolo, 7 months ago

WHICH CLAUSE OF MEMORANDUM OF ASSOCIATION OF ANY TWO COMPANIES MAY BE SAME​

Answers

Answered by jaiduttthapliyp9zy0w
1

Answer:

Name Clause in the Memorandum of Association confers protection against subsequent company registration in the same or closely similar name. It secures to the company de facto monopoly of corporate trading under a particular name.

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