Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Q.No.19. A Company is authorized by the object clause in its MOA to er hotels only. Without any amendment of the object clause of the
Q.No.19. A Company is authorized by the object clause in its MOA to er hotels only. Without any amendment of the object clause of the MOA, the directors want to buy some buses and a cinema theatre for the facility and entertainment of the occupants of the hotel. Some shareholders vehemently object to the company going into other business. Advise the company
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started