MOA & AOA – Practice Test 1 - corporatepreptest.com

Practice MCQs on Memorandum and Articles of Association, covering clauses, alteration, doctrine, and legal implications.

MOA+AOA- Practice Test 1

1 / 50

Explain the penal provisions in case of default committed by any Company in supplying to its members copies of MOA. What is the liability of penalty?

Similarly Rs500/- for default

For each day of default Rs 1000/- of penalty during continuation of offence of default

Similarly Rs 2000/- for default

Similarly Rs 4000/- for default

2 / 50

On demand from members, copies of MOA and AOA can be made available to them from the date of request within

Seven days

Fifteen days

Ten days

Four days

3 / 50

A copy of the order of the Govt of India ( Central Govt) after approving any alteration in the Articles of Association has to be filed with the Registrar of Companies within a period of

Sixty days

Forty days

Thirty days

Fifteen days

4 / 50

Any alteration in Articles of Association of Company, it requires to pass

Board resolution

Special resolution

Ordinary resolution

Permission from SEBI

5 / 50

If a Company limited by guarantee and not having _____ requires any alteration in the Memorandum of Association to allow a person to participate in the divisible profits, without membership shall be

Voidable

Valid

Void

Unlawful

6 / 50

All monies payable by any member to the company under the Memorandum or Article shall be

An investment

A debit due from him to the company

A deposit

None of the above

7 / 50

For alteration of MOA, the company has to pass

A resolution through circulation

An ordinary resolution

A special resolution

A board resolution

8 / 50

The Central Govt. shall dispose of the application relating to the alteration of MOA from one State to another State within a period of

Within 30 days

Within 75 days

Within 45 days

Within 60 days

9 / 50

The alteration of the MOA relating to the place of the registered office from Rajasthan, State of Gujrat State shall not have any effect unless it is

Approved by the Govt. of Rajasthan

Approved by the Govt. of Gujrat

Approval by the Central Government

Both (A) and (B).

10 / 50

The Registrar shall register any alteration of the MOA with respect to the object of the company and certify the registration within a period of _____ from the date of filing of the special resolution by the company.

Within 45 days

Within 30 days

Within 13 days

Within 60 days

11 / 50

Articles of Association of a Company limited by shares shall be as per _______ of Schedule I.

For incorporation of a company under section 8, who can give the licence for incorporation:

The Registrar of Companies

The Central Govt.

The State Govt in which the Registered Officer shall situated

None of the above

12 / 50

The Articles of association of a Company shall be in respective forms specified in ______ Schedule I.

Table F,G,H,I & J

Table A,B,C,D & E

Both A & B

None

13 / 50

Articles of Association of a Company limited by shares shall be as per _______ of Schedule I.

Table I

Table H

Table G

Table F

14 / 50

AOA of a Company limited by guarantee not having share Capital, shall be as per ______ of the Schedule (I).

Table J

Table G

Table I

Table H

15 / 50

In an unlimited Company having share Capital, Articles of Association shall be as per _________ of the Schedule I.

Table J

Table G

Table I

Table H

16 / 50

Articles of Association of Company shall contain the rules and regulations of per _____ of the Company.

Internal management

Shareholders

Directors

Employee

17 / 50

The provisions regarding entrenchment of a Private Company can be made by necessary amendments in its Articles of Association by

An ordinary resolution

By Agreement of all members

By special resolution

None is applicable

18 / 50

MOA of an unlimited Company and not having share Capital shall be as per ______ of the Schedule I.

Table D

Table C

Table B

Table A

19 / 50

MOA of a Company limited by guarantee not having share Capital, shall be as per ______ of the Schedule (I).

Table A

Table B

Table C

Table D

20 / 50

MOA of a Company limited by guarantee not having share Capital, shall be as per ______ of the Schedule (I).

Table D

Table C

Table B

Table A

21 / 50

MOA of an unlimited Company having share Capital shall be as per

Table C

Table B

Table E

Table A

22 / 50

A Company limited by shares shall have to file its MOA in ______

Table A

Table D

Table C

Table B

Table A

Table C

Table D

23 / 50

A Company has to file Memorandum of Association in respective forms specified in Tables A,B,C,D and E in ______ as may be applicable to the applicant Company.

Schedule iv

Schedule iii

Schedule ii

Schedule i

24 / 50

The name stated in MOA and applied for by any Company should not be

Identical or similar with any existing Company

Already registered under Companies Act, 1956

Even after that and prior to the application filed.

All the above

25 / 50

As per contents and clauses of the Memorandum of Association, the Name clause should not be objectionable in the opinion of

The President of India

The Governor of the concerned state

The concerned State Govt.

The Central Govt. / Govt of Bharat

26 / 50

The Memorandum of Association of a Company contain the following except

Name of the Company

Situation of the state where Regd. office is there

Name of the M.D./ CEO

Objects of incorporations

27 / 50

Power to use official seal of the company outside India is to be authorized by

Article of Association

Memorandum of Association

Both Memorandum and Article of Association

Central Government

28 / 50

The most important clause in the Memorandum of Association of a company is

Objects clause

Name clause

Registered office clause

Liability clause

29 / 50

Memorandum of Association does not include

Subscription Clause

Capital Clause

Assets Clause

Liability Clause

30 / 50

The alteration of the Memorandum has to be certified by the Registrar.

Within 45 days

Within 30 days

Within 15 days

At his own time provided the company satisfies his queries in this respect

31 / 50

A document which lays down the fundamental conditions upon which the company is allowed to form is called

Prospects

Certificate of Incorporation

Article of Association

Memorandum of Association

32 / 50

The charter of a company is its

Memorandum of Association

Prospectus

Certificate of incorporation

Articles of Association

33 / 50

Article of Association can be altered by

A resolution of Board of Directors

An ordinary resolution in Annual General Meeting by the shareholders

Obtaining permission of the Company Law Tribunal

A special Resolution

34 / 50

An Article constitutes a contract between

The members and outsiders

The company and its members

The company and the outsider

35 / 50

The first directors are usually named in the _________

Memorandum

Prospectus

Articles

None

36 / 50

The altered memorandum must be filed with the registrar within _________months.

30 days

3 months

60 days

6 months

37 / 50

________Persons shall subscribe to the memorandum of a public company.

38 / 50

__________Defines the extent of powers of powers of the company.

Memorandum of association

Articles of association

Prospectus

Information memorandum

39 / 50

Which of the following is the necessary condition in case of the Articles of a company:

Be printed

Be divided into paragraphs numbered consecutively

Be signed by each subscriber of the Memorandum

All of these.

40 / 50

The Articles of association must be signed by:

All the directors

All the subscribers of the memorandum

All the promoters

The auditors

41 / 50

Which of the following companies may or may not frame (register) their articles of association

Unlimited companies

Private companies limited by shares

Companies limited by guarantee

None, all has to have its own articles

42 / 50

Registration of Articles of Association is compulsory for which of the following companies:

Unlimited companies

Companies limited by guarantee

Private companies limited by shares

All of these

43 / 50

Articles of Association are subordinate to:

Prospectus

Board of Directors

Memorandum and Companies Act

None of these

44 / 50

Articles of Association are the regulator of the behaviour of:

Directors and officers

Creditors

Suppliers

Outside public

45 / 50

How many fundamentals clauses are contained in the Memorandum of a company?

46 / 50

Which of the following tables in Schedule I of the Act does not contain any prescribed form of Memorandum?

47 / 50

Which of the following is called the charter of a company?

Prospectus

Articles of Association

Memorandum

Certificate of Incorporation

48 / 50

In case 'memorandum and 'articles' are inconsistent, then which shall prevail over the others?

Memorandum of Association

Articles of Association

The one approved by Registrar

None of these

49 / 50

For which of the following companies it is not obligatory to have Articles of Association?

Private Limited Companies

Unlimited Companies

Public Companies Limited by GuaranteePublic Companies Limited by Guarantee

Public Companies Limited by Shares

50 / 50

The Object clause of Memorandum of Association must be divided into two Sub Clauses, namely (i) main objects clause, and (ii) object in

Furtherance of main object clause.

True

False

Partly True

Partly False

Your score is

The average score is 0%

By WordPress Quiz plugin

← Back to Tests

Corporate Prep Test

Corporate Prep Test

Corporate Prep Test

Quick Links

Support