10-mark question · Part C · Company Law

Dharani Limited lends to Balaji Limited on a mortgage of its assets. The procedure laid down in the AOA for such transactions is not complied with. The directors of the two companies are the same. Is the mortgage binding upon Balaji Company?

Frequency

1×

papers in the bank

Marks

10

common OU pattern

Years

2023

Appeared in

Company Law · April/May 2023 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.