23) Naveen incorporated a One Person Company making his sister Navita as the nominee. Navita is leaving
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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?
Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
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