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What is the purpose of section 4(3) of the Companies Act, 2013?
  • a)
    To regulate the management of a company's operations.
  • b)
    To provide guidelines for incorporating a company with a foreign national as a subscriber.
  • c)
    To specify the qualifications required for individuals to become directors.
  • d)
    To restrict certain words or expressions in company names that may create a false impression.
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
What is the purpose of section 4(3) of the Companies Act, 2013?a)To re...
Section 4(3) of the Companies Act, 2013, restricts the use of certain words or expressions in company names that may create a false impression. This ensures that company names do not imply undue associations with government entities or use words that might mislead the public.
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What is the purpose of section 4(3) of the Companies Act, 2013?a)To regulate the management of a company's operations.b)To provide guidelines for incorporating a company with a foreign national as a subscriber.c)To specify the qualifications required for individuals to become directors.d)To restrict certain words or expressions in company names that may create a false impression.Correct answer is option 'D'. Can you explain this answer?
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What is the purpose of section 4(3) of the Companies Act, 2013?a)To regulate the management of a company's operations.b)To provide guidelines for incorporating a company with a foreign national as a subscriber.c)To specify the qualifications required for individuals to become directors.d)To restrict certain words or expressions in company names that may create a false impression.Correct answer is option 'D'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What is the purpose of section 4(3) of the Companies Act, 2013?a)To regulate the management of a company's operations.b)To provide guidelines for incorporating a company with a foreign national as a subscriber.c)To specify the qualifications required for individuals to become directors.d)To restrict certain words or expressions in company names that may create a false impression.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the purpose of section 4(3) of the Companies Act, 2013?a)To regulate the management of a company's operations.b)To provide guidelines for incorporating a company with a foreign national as a subscriber.c)To specify the qualifications required for individuals to become directors.d)To restrict certain words or expressions in company names that may create a false impression.Correct answer is option 'D'. Can you explain this answer?.
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