Section 10 of Companies Act 2013

10. Effect of memorandum and articles.

1. Subject to the provisions of this Act, the memorandum and articles shall, when registered, bind the company and the members thereof to the same extent as if they respectively had been signed by the company and by each member, and contained covenants on its and his part to observe all the provisions of the memorandum and of the articles.

2. All monies payable by any member to the company under the memorandum or articles shall be a debt due from him to the company.
Share:

0 comments:

Post a Comment

Featured Post

UPSC Civil Service Preliminary Paper-1 Previous Year Solved Question Papers

Civil Service Preliminary Paper-1 Previous Year Solved Questions for the year 2019 Civil Service Preliminary Paper-1 Previous Year Solved Qu...

Followers

No. of Page Views

Contact Form

Name

Email *

Message *

Blog Archive

Search This Blog

Follow by Email