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section 3A of Companies Act2013

Shubham Mishra (1 Points)

01 September 2019

plz sir/madam explain section 3A with example.

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3 Replies

ronak ( CS) (40 Points)
Replied 03 September 2019

What do you want to know in section 3A. Actually this was also in the companies act 1956. But when they made CA 2013 they forgot to add it and then added with the amendment act.

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Swetha Yagati (57 Points)
Replied 05 September 2019

Provided at any time after start of business operations by the company incorporated that no. of members fall below minimum no. all such members who are continuing as members are severally liable for any debts, payments and all financial transactions.