Question

ABC Private Limited Company choose to convert itself into a Public Company. It can do so by altering its Memorandum of Association and Articles of Association and by passing ............

• A. Ordinary Resolution
• B. Special Resolution
• C. Board Resolution
• D. None of these

Hint:

A Special Resolution is required for altering the Memorandum and Articles of Association in a company.

Answer 1

The Correct Option is B

Step 1: Understanding the Question.
To convert a private limited company to a public company, the Memorandum of Association and Articles of Association need to be altered. This requires a Special Resolution as per the Companies Act.
Step 2: Conclusion.
Thus, the correct answer is (B) Special Resolution.