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Question

Common seal of the company acts as the official signature of a ________.

A
Managing Director
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B
Company
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C
General Manager
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D
Compliance Officer
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Solution

The correct option is B Company
Common Seal means, the metallic seal of a company which can be affixed only with the approval of the Board of Directors of the Company. It is the signature of the company to any document on which it is affixed and binds the company for all obligations undertaken in the document. In other words, Common Seal is the official signature of the company and each company shall have only one seal, on its incorporation.

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