COMPANY LAW

adam basha (SPA) (44 Points)

08 February 2011  

 

Hi Frnds, pls help me for the below statements

State the reasons in brief whether the following statements are
correct or incorrect:
1) It is the duty of those who issue the prospectus to be truthful in
all respects.
2) No company can appoint a whole time director for a term exceeding
five years at a time.
3) Participant is an agent for a depository and is registered as such
under the companies� act, 1956 to render depository services.
4) A trade union registered under the trade union act cannot be
registered as member and cannot hold shares in a company in its own
corporate name.
5) No valid allotment can be made on an oral request.

 

Pls send me the answers to my mail id : adambasha01 @ gmail.com