Answer to Question #258608 in Law for triz

Question

Mr. Koka is the one of the subscriber of the MOA, of Momu investment limited, out of the 7 subscribers but his name is not mentioned in the register of member of the company at the time of declaring the dividend, the company had not declared the dividend after arguing that Mr.Koka is not a registered shareholder of the company. Explain as per provisions of the company’s act 2015.( 15 marks)

Answer 1

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