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What Is a Share?

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Question

A company registered under Section 8 of the Companies Act, 2013 may convert itself into company of any other kind only after complying with prescribed conditions.

A

True

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B

False

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C

Partly true

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D

Partly false

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Solution

The correct option is A True
As per section 8 (4)(ii) of the act, a company registered under this section may convert itself into company of any other kind only after complying with such conditions as may be prescribed.

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