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CAF-4 · Chapter 17 · Question 1 of 12

Under the Companies Act, 2017, in which specific document is the 'principal line of business clause' required to be stated?

Test yourself: pick an answer

Reveal answer & explanation

Correct answer: B) The Memorandum of Association

Explanation

The principal line of business clause is a mandatory part and parcel of the Memorandum of Association.

All 12 questions in Chapter 17Memorandum and articles MCQs with answers

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