Question
23) Naveen incorporated a One Person Company making his sister Navita as the nominee. Navita is leaving India permanently due to her marriage abroad. Due
23)
Naveen incorporated a “One Person Company” making his sister Navita as the nominee. Navita is leaving India permanently due to her marriage abroad. Due to this fact, she is withdrawing her consent of nomination in the said One Person Company. Taking into considerations the provisions of the Companies Act, 2013 answer the questions given below.
(A) If Navita is leaving India permanently, is it mandatory for her to withdraw her nomination in the said One Person Company?
(B) If Navita maintained the status of Resident of India after her marriage, then can she continue her nomination in the said One Person Company?
Step by Step Solution
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Step: 1
Answer As per Rule 3 4 of the Companies Incorporation ...
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Smith and Roberson Business Law
Authors: Richard A. Mann, Barry S. Roberts
15th Edition
1285141903, 1285141903, 9781285141909, 978-0538473637
