[Solved] With regard to issue of share warrants to the bearers, the auditor should see that is it

With regard to issue of share warrants to the bearers, the auditor should see that is it

a) Permitted by Memorandum of Association

b) Sanctioned by the Central Government

c) Permitted by the Board of Directors

d) None of the above

Answer: (b) With regard to issue of share warrants to the bearers, the auditor should see that is it Sanctioned by the Central Government.

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