Memorandum of association Requirement as to signature by a subscriber who is illiterate

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Full Text of the Document

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....ractical difficulties have been experienced in complying with the provisions of sections 13 and 15 in cases where the subscriber to the memorandum of association of a company is illiterate. Section 13(4)(c) requires each subscriber to the memorandum to write opposite to his name the number of shares he takes. Section 15(c) requires the memorandum to be signed by each subscriber (who shall add his ....