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The articles of association needs to be signed by
  • a)
    all proposed directors
  • b)
    registrar
  • c)
    subscribers of memorandum
  • d)
    none of the above
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
The articles of association needs to be signed bya)all proposed direct...
Explanation:
The articles of association are an important legal document that outlines the rules and regulations for the internal management and operation of a company. When it comes to signing the articles of association, there are certain requirements that need to be followed. In this case, the correct answer is option C, which states that the subscribers of the memorandum need to sign the articles of association.
Here is a detailed explanation of each option:
A: All proposed directors:
- While it is common for proposed directors to be involved in the drafting and preparation of the articles of association, their signatures are not necessarily required for its signing.
B: Registrar:
- The registrar, who is responsible for maintaining the official records of companies, does not need to sign the articles of association.
C: Subscribers of memorandum:
- The subscribers of the memorandum are the individuals or entities who initially invest in the company and agree to become its members. These individuals are usually the shareholders or guarantors of the company. Their signatures are required to validate and authenticate the articles of association.
D: None of the above:
- This option is incorrect as the subscribers of the memorandum are indeed required to sign the articles of association.
In conclusion, the articles of association need to be signed by the subscribers of the memorandum.
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The articles of association needs to be signed bya)all proposed directorsb)registrarc)subscribers of memorandumd)none of the aboveCorrect answer is option 'C'. Can you explain this answer?
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