10-mark question · Part C · Company Law

'X' company lends to Y company on a mortgage of its assets. The procedure laid down in the Articles for such transactions is not complied with. The directors of the two companies are the same. Is the mortgage binding upon 'Y' company?

Frequency

1×

papers in the bank

Marks

10

common OU pattern

Years

2018

Appeared in

Company Law · March/April 2018 Mapped paper Download

Mapped topics

Appointment, duties and independent directors — Unit IV
Company, partnership, HUF and LLP distinguished — Unit I

Mapped case laws

Not mapped to a case yet.