Section 40: Noting Alterations in Memorandum and Articles After altering the memorandum or articles, companies must ensure that: 1. Every copy issued after the alteration date conforms to the updated version. Non-compliance results in liability for: 1. The company 2. Defaulting officers Penalty applies for each non-compliant copy issued.

Section 40 Flashcards by Ishaq Jarwar

Section 40

Section 40: Noting Alterations in Memorandum and Articles

After altering the memorandum or articles, companies must ensure that:

Every copy issued after the alteration date conforms to the updated version.

Non-compliance results in liability for:

The company
Defaulting officers

Penalty applies for each non-compliant copy issued.

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Section 40 Flashcards

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