The subscribers to the Memorandum of Association _________.
A. May become members only if there is a specific provision to that effect in company’s Articles of Association.
B. Become a member as soon as the company is registered.
C. Are members irrespective of any formality as to registration etc.
D. Can never be the members as their only job is to get the company registered.
Answer:B
The subscribers to the Memorandum of Association _________.
A. May become members only if there is a specific provision to that effect in company’s Articles of Association. B. Become a member as soon as the company is registered. C. Are members irrespective of any formality as to registration etc. D. Can never be the members as their only job is to get the company registered.