KASNEB CS21 Practice Questions - KASNEB Certified Secretaries (CS) Intermediate - Company Law (CS21) Exam

Perpetual succession of a company means that:

The company's existence continues irrespective of changes in membership or death of members The company must dissolve after twenty years of operation Members' shares automatically expire when a member dies The company cannot change its registered name

Correct Answer:

The company's existence continues irrespective of changes in membership or death of members

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