Q. Maximum shares held by a member shall not exceed ________. (Solved)
1. 1 /5the of total share capital
2. rs. 5000/-
3. 1/4th of total share capital
4. 1/5th of total share capital or rs. 5000 whichever is less.
- a. 1 /5the of total share capital
1. 1 /5the of total share capital
2. rs. 5000/-
3. 1/4th of total share capital
4. 1/5th of total share capital or rs. 5000 whichever is less.