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Board Question Paper : March 2022 — SPCC STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceSPCCBoard Question Paper : March 20221 Mark
MCQ
If shareholder dies without making will and has no successor $.........$
  • A
    Government will forfeit the shares
  • B
    Company will forfeit the shares
  • ✓
    Court will appoint administrator
  • D
    Shares will be transferred to a charitable trust
✓

Answer

Correct option: C.
Court will appoint administrator

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