Mohit Agarwal - Divya Agarwal MEPL Students Community
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This is a CHANNEL of MEPL led by Mohit Agarwal Sir and Divya Agarwal Mam where we shall give Notes , Amendment video links & other information.
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A minor, after attaining majority, promises to pay a debt contracted during minority.
Anonymous Quiz
29%
A. Enforceable under Sec. 25(3)
26%
B. Enforceable by ratification
30%
C. Not enforceable
15%
D. Voidable
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A company issues shares at a discount, except as permitted under the Act. Such issue is:
Anonymous Quiz
15%
A. Voidable
41%
B. Valid if approved by shareholders
32%
C. Invalid / prohibited under law
13%
D. Valid if disclosed in Prospectus
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Agreement uncertain but capable of certainty is:
Anonymous Quiz
34%
A. Void
31%
B. Valid
11%
C. Illegal
24%
D. Voidable
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