Multiple choice

Which of the following pairs is incorrectly matched as per BR Act?

  1. License for opening of branch - Sec 23

  2. Payment of dividend - Sec 15

  3. Paid up capital and reserves - Sec 12

  4. Investment in shares of companies - Sec 19(2)
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Paid up capital and reserves is under Sec 11. Thus, option 3 is the correct answer.

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