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Issue of Debentures as Collateral Security

The secretary...

Question

The secretary is required to file copies of the special resolution passed at an extraordinary general meeting with the Registrar within ______ days.

A

30

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B

21

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C

14

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D

7

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Solution

The correct option is B 30
The secretary is required to file copies of the special resolution passed at an extraordinary general meeting with the Registrar within 30 days. It should be filed along with the copy of application to the Registrar. Resolution is generally passed by the Board of Directors.

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Issue of Debentures as Collateral Security

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