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Business Studies

Statutory Corporations and Its Features

As per Compan...

Question

As per Companies Act 2013, a company is -
A - Formed and registered under the Companies Act, 2013
B - An existing company registered under any earlier Companies Act
Select the correct answer from the options given below:

A

A only

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B

B only

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C

A or B

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D

A but not B

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Solution

The correct option is C A or B
As per Companies Act 2013, a company is formed and registered under the Companies Act, 2013. Company can also be an existing company registered under any earlier Companies Acts. Companies Act 2013 comes into action in 2013.

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