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Question
The number of members who should sign the MOA in case of public company is ____.
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Solution
The correct option is D 7
Rule 13 of the Companies (Incorporation) Rules 2014 says that the Memorandum and Articles of Association of the company shall be signed by each subscriber to the memorandum. The Subscriber shall add his name, address, description and occupation, in the presence of at least one witness. In case of Public Company, minimum number of members is 7 and hence seven subscriber should sign the MOA.
Rule 13 of the Companies (Incorporation) Rules 2014 says that the Memorandum and Articles of Association of the company shall be signed by each subscriber to the memorandum. The Subscriber shall add his name, address, description and occupation, in the presence of at least one witness. In case of Public Company, minimum number of members is 7 and hence seven subscriber should sign the MOA.
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