Correct the underlined word and rewrite the following sentences.(i) C

1.	Correct the underlined word and rewrite the following sentences.(i) Co-operative Society cannot be a member of a company.(ii) A foreigner can buy shares subject to provisions of FERA, 1999.(iii) Partnership firm is a juristic person.(iv) Beneficial owner is an institution that holds a share in electronic form.
Answer» (i) Karta of HUF cannot be a member of a company. (ii) A foreigner can buy shares subject to provisions of FEMA, 1999. (iii) Limited Liability Partnership is a juristic person. (iv) Depository is an institution that held a share in electronic form.

Correct the underlined word and rewrite the following sentences.(i) Co-operative Society cannot be a member of a company.(ii) A foreigner can buy shares subject to provisions of FERA, 1999.(iii) Partnership firm is a juristic person.(iv) Beneficial owner is an institution that holds a share in electronic form.

Answer»

(i) Karta of HUF cannot be a member of a company.

(ii) A foreigner can buy shares subject to provisions of FEMA, 1999.

(iii) Limited Liability Partnership is a juristic person.

(iv) Depository is an institution that held a share in electronic form.