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Introduction to Debentures

Essay Type Qu...

Question

Essay Type Questions:
Explain different ways to acquire membership of a company.

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Solution

A person may become a member of a company in any of the following ways :
Membershipby Subscribing to Memorandum.
Membership by Qualification shares.
Membership by Application and Allotment.
Membership by Transfer.
Membership by Transmission.
Membership by Estoppel.

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