Complete Online Test Preparation Portal for all Account Compliances
I COMPANY & CLASSES
1 / 371
The _________ measure the amount of the company’s net income, i.e., theoretically available for payment to the holder of its common stock.
2 / 371
If in the course of winding up of company it appears that business has been carried with intent to defraud creditors/another person for any fraudulent activity then on application by ……………. to Tribunal, it shall examine and pass orders to declare any person liable without limitation and be personally liable.
3 / 371
Section 232 of the company act 2013 deal with_______
4 / 371
Voting Rights in case Producer Company is formed by combination of individual Members and Producer Institution shall be on the basis of ___________
5 / 371
A compromise and arrangement between the company and its member or its creditor required approval of _____?
6 / 371
In case of Merger or Amalgamation of Companies, any legal proceedings pending by or against any transferor company on the date of transfer __________
7 / 371
In case of Merger or Amalgamation of Companies where the transferor company is a listed company ad the transferee company is an unlisted company, the transferee company _________
8 / 371
No company whether it is unlisted, listed or a public company limited by shares shall issue equity shares with differential rights as to dividend, voting or otherwise, unless it complies with the following conditions:
9 / 371
The company engaged in the setting up of infrastructural projects may issue preference shares for a period not exceeding _____ days.
10 / 371
The right attached to share of any class may be varied with the unspent in writing of the holder of not less than ______ of the shares or by means of a _________ passed by the holders of that class.
11 / 371
Certificate of the share of the Company is signed by:
12 / 371
Every company other than a banking company which accepts any deposits shall maintain data of each depositor.
13 / 371
Listed companies are required to have Archival Policy according to which -
14 / 371
For Singapore Companies Act, where a company has shares of only one class, the aggregate number of shares held as treasury shall not exceed -
15 / 371
The annual return in relation to one person company and small company shall be signed by whom when there is no Company Secretary?
16 / 371
A copy of the duly adopted financial statements at the AGM of the Company shall be filed with the Registrar of Companies.
17 / 371
In case of satisfaction of charge, the company shall give intimation to the Registrar of the payment or satisfaction in full of any charge within a period of ______ days from the date of such payment or satisfaction.
18 / 371
Where a company issues shares at a premium, a sum to the transferred to a ____________
19 / 371
Voting rights for 1st year of registration, in case Producer Company is formed by Producer Institution shall be -
20 / 371
Which of the following sections of Company Act, 2013 speak the definition of “share”?
21 / 371
In a private Ltd. Co. at the time of incorporation, there were 48 members. After than 1 employee joined having 15 debentures and having 2 shares. Did the company crossed the maximum limit?
22 / 371
The minimum capital of the company for which the whole time company secretary is required to be appointed as per Companies Act is _______
23 / 371
The Section 71 of the Companies Act, 2013 prohibits issue of debentures carrying:
24 / 371
Section 43 provides for ________
25 / 371
In which section of Companies Act, Board committees are formulated?
26 / 371
The company’s nationality is decided by its:
27 / 371
Which of the following cannot be a member of a company?
28 / 371
Property of Company belongs to:
29 / 371
Minimum paid-up capital of a public company is:
30 / 371
East India Company was an example of:
31 / 371
A company incorporated by the act of the parliament is:
32 / 371
Maximum number of members in case of Public company is
33 / 371
Minimum number of members in case of public company is
34 / 371
Minimum number of members in case of private company is
35 / 371
Registration of a company is ____?
36 / 371
Which of the following is the feature of a registered company?
37 / 371
Which new type of company was introduced in Companies Act, 2013?
38 / 371
Companies Act, 2013 consists of _____ sections?
39 / 371
When the Companies Act, 2013 came into force?
40 / 371
Companies Act, 1956 was substituted by:
41 / 371
In case of Non-profit making companies. Books of accounts are required to be preserved for _____ years
42 / 371
In case of companies other than Non-profit Company’s notice of general meeting should be given within ____ days.
43 / 371
In case of Non-profit companies notice of general meeting should be given within ____ days.
44 / 371
Liability under which section of 1956 Act ______ penalty may be imposed only if it is proved that the companies business has been carried on with a view to defraud the creditors.
45 / 371
Central Government permission is required in case of _____ conversion.
46 / 371
Under which section a private company can automatically be converted into public company?
47 / 371
Under which section a private company can be voluntarily converted into public company?
48 / 371
Which companies are exempted to add “Ltd” or “Pvt. Ltd” at the end of their name?
49 / 371
If the companies do not increase their paid up capital by 15 lakhs within 2 years such companies are known as ______
50 / 371
‘X’ is a director who has experience of 20 years. On this basis ‘Y’ company took him as a director. Can the ‘Y’ Company claim that the Director ‘X’ experience is company’s experience?
51 / 371
Generally rights and obligations of the company are regulated in
52 / 371
In the case of Company, audit is
53 / 371
XYZ Private Company had reduced to a single member and continued business more than 6 months. The company’s liability will be -
54 / 371
Generally company liability is
55 / 371
If the company fails to refund application money within 15 days from the date of issue of prospectus on non-receipt of minimum subscription who will be personally liable.
56 / 371
Maximum number of members in case of public company –
57 / 371
Maximum number of members in case of private company –
58 / 371
Minimum number of members in case of public company.
59 / 371
Which company shares can be freely transferable?
60 / 371
Property of the company belongs to __________
61 / 371
The term company is defined under which section of the Act?
62 / 371
The company needs to obtain prior permission from central Government when it changes the address of its registered office from ___________
63 / 371
Private company cannot by invitation accept deposits from persons other than its __________
64 / 371
A company is known as the ___________ company of another company if it has control over that other company.
65 / 371
A copy of the ________ must accompany each form of application for shares offered to the public.
66 / 371
A Government Company means any company in which not less than 51% of the paid-up share capital is held by –
67 / 371
_________ cannot give invitation to the public to subscribe for any shares in or debentures of the company.
68 / 371
A public company means a company which has a minimum paid up capital of Rs.________
69 / 371
A private company means a company which has a minimum paid up capital of __________
70 / 371
___________ are the company created by special act of the legislature.
71 / 371
If any person carry on business under any name of which the words “Private Limited” are the last words, unless duly incorporated as a private company with limited liability, punishable with fine which shall not be less than five hundred rupees but may extend to ______ for which that name or title has been used
72 / 371
Which class of companies shall appoint at least one woman director in the Board.
73 / 371
A company, which has been incorporated under the Act and is required to appoint at least one woman director in its Board, shall comply with such provisions _______ from the date of its incorporation
74 / 371
Anil, a director of a company, intend to avail housing loan from a bank. The bank asks to give guarantee of his company. Whether the company give guarantee
75 / 371
Which company cannot contribute any amount directly or indirectly to any political party
76 / 371
A company was incorporated one year back. Can this company may make political contribution
77 / 371
A company may make contribution to National Defence Fund, subject to
78 / 371
Whole-time key managerial personnel can hold office in ______ at the same time.
79 / 371
Whether the Central Government can amalgamate two or more companies
80 / 371
Which companies are required to have Vigil Mechanism
81 / 371
The unlisted company is required to appoint internal auditor, if ______
82 / 371
The register and indices maintained pursuant to section 88 and copies of return prepared pursuant to section 92, shall be open for inspection during business hours at such reasonable time on every working day as the board may decide. What shall be considered by the company as reasonable time?
83 / 371
If promoters of any listed company, which has formed a joint venture company with another company have pledged or hypothecated or created charge or lien in respect of any security of the listed company in connection with such joint venture company, the particulars of such pledge, hypothecation, charge and lien shall be entered in the register members of the listed company
84 / 371
What is punishment for the company and its officers, if any defaults is made in compliance with any of the provisions of Companies (Management and Administration) Rules, 2014.
85 / 371
Who is the concerned person to be held responsible for maintenance of security of electronic records of any Company
86 / 371
All the Companies have a bounden duty to create a charge and register the same with the ROC within ______ days.
87 / 371
A Company is duty fraud to create and change on following assets
88 / 371
For reservation of Name of a Company, which form has to be used.
89 / 371
One Person Company (OPC) can be converted into a public Company
90 / 371
Amongst the following categories of persons, who are eligible to incorporate a One Person Company?
91 / 371
Can a minor became_____ in OPC (One Person Company)
92 / 371
Who is authorised to be a signatory for the purpose of authentication for any Company or contracts to be executed for and on behalf of any Company
93 / 371
Services of a document on a Company can be treated as proper by sending the same to
94 / 371
No attempt to convert a public Company to a private Company shall not be unless it is approved by
95 / 371
Each and every Company shall have to get printed on its letters head of business correspondences
96 / 371
Registered office of a company can be shifted from one place to another place in a jurisdiction of the same Registrar by passing
97 / 371
Where company has changed its name or names during the last _______, it shall paint or affix or print, as the case may be, along with its name, the former name or names so change during the last two years.
98 / 371
No company shall change the place of its _______ from the jurisdiction of one Registrar to the jurisdiction of another Registrar within the same state unless such change is confirmed by the Regional Director.
99 / 371
Which of the following is not correct?
100 / 371
Every company shall paint or affix its _______, and keep the same painted or affixed on the outside of every office or place in which its business is carried on.
101 / 371
In the case of a public Ltd Company, the name shall have the last word “limited” except in the case of
102 / 371
A public Company may be
103 / 371
What includes public offer?
Public offer includes
104 / 371
There is no bar for a public company to issue securities
105 / 371
The head of the Board of Directors, by whatever designation may hold (Chairman, Chair person or CEO) should have the leadership qualifies with
106 / 371
ERM stands for?
107 / 371
From the following, which one is not an objective of risk management?
108 / 371
At least ____ days notice is required to call a general meeting of a Company.
109 / 371
The central Govt. can order for investigation either by a Director of a Company or SFIO (Serious fraud Investigation Officer) in the following case
110 / 371
Can a person incorporate one person co?
111 / 371
Can there be a one person co?
112 / 371
In a case Pvt ltd co. the minimum number of members should be two and in case of a public ltd co the minimum number of members should be seven. In both the cases where the minimum number is reduced from the minimum, will the Co exist?
113 / 371
When all the seven members of a Pvt Ltd .Co. died in a plane crash will the Pvt. Ltd Co. Still exist?
114 / 371
Is a company identical with a L.L.P. (Limited liability partnership)
115 / 371
Characteristics of a company are
116 / 371
A company is an association of
117 / 371
The company’s nationality is decided by its
118 / 371
Maximum no. of persons in case of partnership banking business is______
119 / 371
East India Company is an example of
120 / 371
Certificate of commencement of business is not required by
121 / 371
A private Limited company commences business
122 / 371
A company is said to have been registered when?
123 / 371
Legal position of a promoter of a company is
124 / 371
In which of the following conditions, a company will be reckoned a foreign company?
125 / 371
Converting a public company into a private company requires a special resolution
126 / 371
Property of the company belongs to
127 / 371
The minimum and maximum number of members in a private company are
128 / 371
The minimum number of members required to form a ‘public Company’ is
129 / 371
A registered company is the company which is incorporated
130 / 371
The word ‘Limited’ can be dropped from a company’s name only when
131 / 371
A company comes into legal existence as a person on
132 / 371
Which of the following is a joint stock company as per the companies Act, 1956?
133 / 371
Which of the following is not true
134 / 371
A company which has not commenced operation or which is not in operation or has no assets to dive is called______company.
135 / 371
A change in the registered office of the company from one state to another can be effected by
136 / 371
Change of registered office of a company from one place to another in the same city requires.
137 / 371
Name of a company can be changed by
138 / 371
A company can change its name by passing________resolution.
139 / 371
Statutory meeting is not to be held if a new company is a
140 / 371
_________is entitled to the management of the whole or substantially the whole of the affairs of the company.
141 / 371
The Doctrine of indoor management provides protection to
142 / 371
Notice of the registered office of the company shall be given to the registrar of companies within_______
143 / 371
A promoter of a company stands in the position of _________to future allottee of shares.
144 / 371
145 / 371
The statutory meeting is required to be held by _________companies
146 / 371
A special resolution must be filed with the registrar for registration within ____days.
147 / 371
The minimum number of members that must be present at a valid meeting is called_________
148 / 371
Not less than _________ Days notice for a general meeting of a company must be given
149 / 371
Acts done by a company ‘beyond its powers’ are termed:
150 / 371
Under the Registered office clause, a company has to give the name of the:
151 / 371
A company cannot be treated as a citizen, yet it has its:
152 / 371
A company is incorporated in India, but all its members are the Americans. Such company is:
153 / 371
Company has_________succession.
154 / 371
A company formed for the promotion of commerce, art, science. Religion, charity etc. may not use the word limited at the end of its name, even if it is a limited company.
155 / 371
A Government Company is one in which 51% or more of the paid up share capital is held by
156 / 371
A and B were the only members of a company who died in a road accident. In this case, the company comes to end on the death of A and B.
157 / 371
Which of the following is not the characteristic of a public company?
158 / 371
Duration of interval between one general meeting and another general meeting should not be more than ____________
159 / 371
If direction to change the name of the company is given by the Central Government, the Company must change its name within ______________
160 / 371
Private Company restricts the number of its members up to _________
161 / 371
Company registered under Company Law is _________
162 / 371
Registered address of the company can be reported to registrar maximum within ____________ days.
163 / 371
_____________ Company can be classified on based control company.
164 / 371
One of the feature of Company as _____________
165 / 371
Company Law disputes are referred to_____________
166 / 371
Company is recognized by ______________
167 / 371
Stamp duty on registration of the company is payable based on____________ capital.
168 / 371
Accepting of deposits from public in case of private company is
169 / 371
In case of Non -Profit making Companies books of accounts are required to be preserved for _____ years
170 / 371
A company is named as govt. company if it is holds_________ % of paid up share capital
171 / 371
Can the partners enter into the contract with the firm?
172 / 371
Central Government permission is required in case of_____ conversion____
173 / 371
Can private company accept deposits from the public?
174 / 371
Members of a company can enter contract with the company
175 / 371
Can a company sign on behalf of a person in memorandum and articles
176 / 371
Can private company go for public issue?
177 / 371
Generally Company liability is
178 / 371
In case of a company going for public issue premium can be declared by BOD.
179 / 371
The liability of members if company is limited by shares
180 / 371
Minimum number of members in case of public company
181 / 371
The doctrine of does not apply to acts void ab initio.
182 / 371
First AGM must be held within _____from the incorporation of the company
183 / 371
If a new company get registered with a name which resembles the name of existing company then it should apply to whom?
184 / 371
Which of the following is a right of the members of a company?
185 / 371
In case of Non -Profit making Companies notice of general meeting should be given within days
186 / 371
Which of the following is not a member of a company?
187 / 371
All monies payable by any member to the company under the memorandum or articles shall be a debt due from him to_______
188 / 371
Where the company to be formed is to be One Person Company that is to say, a ________
189 / 371
The minimum number of members that required while you are registering a private company is___
190 / 371
The minimum number of members that required while you are registering a public company is______
191 / 371
The shares or debentures or other interest of any member in a company shall be?
192 / 371
The minimum capital of the company for which the whole time company secretary is required to be appointed as per Companies Act is ________.
193 / 371
___________ is a combination of two companies to form a new company.
194 / 371
The existence of a joint stock company is interrupted by ______________.
195 / 371
When is a company said to have been registered?
196 / 371
Which of the following companies need not have their own articles of Association?
197 / 371
An act is said to be ultra vires a company when it is beyond the powers ___________.
198 / 371
The Reserve Bank of India is an example of a _____________.
199 / 371
A company is a juristic person with a perpetual succession _____________
200 / 371
When can a private company commence business ?
201 / 371
The name of a company can be changed by__________.
202 / 371
Conceive the idea of the business
203 / 371
If anybody wants to file a case against the company they should file at what place _____
204 / 371
Signature of memorandum and articles should be done by ______ number of persons in case of public company.
205 / 371
In how many days did the company have its registered office after incorporation
206 / 371
Private company can start business only after getting certificate of
207 / 371
208 / 371
209 / 371
A company is named as govt. company if it holds_________ % of paid up share capital
210 / 371
211 / 371
Central Government permission is required in case of conversion from ____ to _______
212 / 371
213 / 371
214 / 371
215 / 371
216 / 371
Generally a Company’s liability is
217 / 371
Liability of a member in case of a private company is
218 / 371
A company can become a members of another company if it is so authorized by______
219 / 371
The liability of members, if company is limited by guarantee.
220 / 371
Maximum number of members in case of public company is
221 / 371
222 / 371
In terms of the members, a private company can also be a one person company.
223 / 371
Private companies can now have a minimum paid-up capital of any amount.
224 / 371
Private companies are those companies whose articles of association restrict the transferability of shares and prevent the public at large from subscribing to them.
225 / 371
A registered company can exercise all functions of a company incorporated under the Companies Act.
226 / 371
A one-person company has a distinct legal identity.
227 / 371
A one-person company was not was not recognised under the Companies Act, 1956.
228 / 371
A company can be the sole member of a one-person company.
229 / 371
A one-person company need not hold an annual general meeting within a year of incorporation.
230 / 371
A one-person company do not follow the principle of perpetual succession.
231 / 371
A one-person company do not have to hold annual general meetings.
232 / 371
Cannot voluntarily convert into other kinds of companies until the expiry of two years from the date of their incorporation.
233 / 371
Rules regulating the formation of one-person companies expressly restrict the conversation of OPCs. Into section 8 companies, i.e., companies that have charitable objectives.
234 / 371
Law prohibits minors from being members or nominees of OPCs.
235 / 371
A natural person cannot be a member or nominee of more than one OPC at any point in time.
236 / 371
Only natural persons who are Indian Citizens and residents are eligible to form a one-person company in India.
237 / 371
Enjoy several privileges and exemptions under the Companies Act that other kinds of companies do not possess.
238 / 371
Companies Act 2013 has not prescribed any amount as minimum paid up capital for OPCs.
239 / 371
OPCs need to have minimum one person (the member) as director. They can have a maximum of 15 directors.
240 / 371
A unique feature of one-person company that separates it from other kinds of companies is that the sole member of the company has to mention a nominee while registering the company.
241 / 371
One-person company is effectively a company that has only one shareholder as its member.
242 / 371
While in case of public companies shares are freely transferable which is provided by the law , there are some restrictions in the transferability of shares of private companies
243 / 371
Transferability of shares and limited liability are the enabling factors for the tremendous rise of companies all over the world.
244 / 371
In the case of a guarantee company, the members are liable to contribute a specified agreed sum to the assets of the company in the event of the company being wound up.
245 / 371
The mode of incorporation and dissolution of a company and the right of the members to transfer shares freely guarantee the continuity of the existence of the company quote independent of the life of the members.
246 / 371
A company can also be held liable for torts committed by its employees in the course of their employment.
247 / 371
A company can be charged with conspiracy to defraud or may be convicted of making use of false documents with intent to deceive.
248 / 371
No imprisonment of a company is possible.
249 / 371
A company may be held liable for breach of law and can be made to pay fine
250 / 371
A company can be held liable for criminal acts.
251 / 371
A company can sue for libel or slander affecting its business reputation.
252 / 371
A company has a nationality, domicile and residence.
253 / 371
The right and obligations of a company are distinct from its constituent members.
254 / 371
A company may sue and be sued by its members as well as outsiders.
255 / 371
A company can enter into contracts, open a bank account in its own name.
256 / 371
A company can hold and deal with any type of property of which it is the owner, in any way it likes.
257 / 371
A company is an autonomous body self-controlling and self-governing.
258 / 371
Company is an incorporated association of persons created by the law of the country.
259 / 371
The memorandum of a company shall state the name of the company with the last words ___ in the case of a private limited company.
260 / 371
The memorandum of a company shall state the name of the company with the last word _______ in the case of a public limited company.
261 / 371
A company may be formed for any lawful purpose by one person, where the company to be formed is to be one person Company.
262 / 371
A company may be formed for any lawful purpose by two or more persons, where the company to be formed is to be a private company.
263 / 371
A company may be formed for any purpose, lawful or unlawful, by seven or more persons where the company to be formed is to be a public company.
264 / 371
Unlimited company means a company not having any limit on the liability of its members.
265 / 371
_______ means a company which has only one person as a member.
266 / 371
Listed company means a company which has any of its securities listed on _______.
267 / 371
Holding company in relation to one or more other companies, means a company of which such companies are subsidiary companies.
268 / 371
Government Company includes a company which is a subsidiary company of a Government company.
269 / 371
Government Company means any company in which not less than fifty-one percent of the paid up share capital is held by the ______.
270 / 371
Foreign company means ________
271 / 371
______ means a company having the liability of its members limited by the memorandum to the amount if any unpaid on the shares respectively held by them.
272 / 371
______ means a company having the liability of its members limited by the memorandum to such amount as the members may respectively undertake to contribute to the assets of the company in the event of its being wound up.
273 / 371
____ in relation to another company means a company in which that other company has a significant influence, but which is not a subsidiary company of the company having such influence and includes a joint venture company.
274 / 371
Public company should stare business only after getting ________.
275 / 371
Private company can start its business immediately after the issue of _________.
276 / 371
________ is the conclusive evidence in case of company that statutory requirements have complied with.
277 / 371
Invitation to public offering shares or debentures in case of private company is _______.
278 / 371
Every Government Company may be a Public Company but every public company need not be Government Company. Do you agree with this statement?
279 / 371
Acceptance of deposits from public in case of private company is ___________
280 / 371
281 / 371
282 / 371
If a company which is formed with unlimited liability wants to convert to limited liability then it should pass ____________
283 / 371
The companies which are formed under Companies Act, 1956. They will be called as _____________
284 / 371
According to which section name of the company should end with “Ltd” or “Pvt. Ltd”?
285 / 371
In case of non-profit making companies, books of accounts are required to be preserved for ____ years.
286 / 371
In case of companies other than non-profit making companies, notice of general meeting should be given within _____ days.
287 / 371
In case of non-profit making companies, notice of general meeting should be given within ________ days.
288 / 371
_______% of shares should be held by a company in another company so as to become subsidiary.
289 / 371
Central Government permission is required in case of ________ conversion _________
290 / 371
Under which section a private company can automatically converted into a public company.
291 / 371
Under which section a private company can be voluntarily converted into public company.
292 / 371
Members of a company can enter into contract with other company.
293 / 371
In the case of company, audit is _________
294 / 371
Company will have fundamental rights.
295 / 371
Section 43 of the Companies Act, 2013 pertaining to kinds of share capital is not applicable to ______company.
296 / 371
As per the Companies (Amendment) Act 2015, the companies _______ mandatorily required to have common seal.
297 / 371
In case of change of name of an existing company, an approval name is valid for a period of _______ days from the date of approval.
298 / 371
In case name is being reserved for a new company an approved name is valid for a period of _____ days from the date of approval.
299 / 371
The minimum paid up capital at the time of registration of a One Person Company shall be_______.
300 / 371
Statement 1- A natural person shall not be member of more than three OPC at any point of time.
Statement 2- He shall not be a nominee of more than an OPC.
301 / 371
Find correct legal principle from following statements.
302 / 371
Assertion (A) The doctrine of indoor management seeks to protect th Company against the outsider.
Reason (R): The Company has right to privacy –
303 / 371
Assertion (A) Every public Company shall have at least three and every private Company at least two Directors. Reason (R) Directors are trustees for the Company and not for individual shareholders.
304 / 371
RBI is the example of __________ Company.
305 / 371
The common seal of the Company should have _______
306 / 371
An act which is ultra vires to a Company is ________
307 / 371
________ is a process or set of systems and processes to ensure that a Company is managed to suit the best interests of all those who are interested in the well being of the Company.
308 / 371
In case of a Company limited by guarantee, the liability of the members can be enforced _________
309 / 371
The auditor of Government Company is appointed by the ________ of India.
310 / 371
Statutory Companies are also known as __________
311 / 371
_______ acts as the official signature of the Company.
312 / 371
A company may change its name by passing __________ with the approval of central Government.
313 / 371
When the Company controls the management of another Company, the former is called a ________ Company.
314 / 371
A printed copy of the articles as altered shall be filed by the Company with the Registrar within _______ of order of approval from central.
315 / 371
____________ refers to a voluntary association of individuals limited for the purpose of obtaining a particular social or economical goal.
316 / 371
If the articles of a Company conflicts with the memorandum then ___________
317 / 371
The common seal of the Company is the _________
318 / 371
Companies limited by __________ are not formed for the purpose of profit but for the promotion of art, science, culture, charity, sports, commerce etc.
319 / 371
___________ Company may be Companies limited by shares Companies limited by guarantee unlimited Companies.
320 / 371
Statutory Companies are those incorporated under a special act passed by _________
321 / 371
__________ Company are those which are incorporated by a Royal Charter.
322 / 371
Accounts of a Company must be audited by an ___________
323 / 371
A Company is a creation of __________
324 / 371
A Company is a ________ person
325 / 371
A Company is a ______ of a persons who have come together for a common object which is jointly to earn profit.
326 / 371
________ is a legal person which capable of perpetual succession and common seal.
327 / 371
________ is a voluntary association of persons formed to carry on some business for profit or to promote art, science, education or some charitable purpose.
328 / 371
As per the Act, a Company may engage in any unlawful act or activity for the time being in force.
329 / 371
A private Company must amend its article by passing a special resolution to convert into public company.
330 / 371
A public Company can be converted into private company by passing a special resolution.
331 / 371
A company can become a member of another company.
332 / 371
A Company is a legal person. Therefore, it acquires citizenship.
333 / 371
A company can also be a member of another Company.
334 / 371
In case of a private Company there is no restriction to transfer of shares.
335 / 371
A member of a Company must be a shareholder of the company.
336 / 371
A company is known as the _________ company of another company if it has control over that other company.
337 / 371
If the company can make arrangements for raising the capital privately so that public appeal is unnecessary, the company is required to prepare a _________
338 / 371
A Government company means any company in which not less than 51% of the paid-up share capital is held by ________
339 / 371
__________ cannot give invitation to the public to subscribe for any shares in or debentures of the company.
340 / 371
________ are the company created by special act of the legislature.
341 / 371
When the registered office of a company is changed within a city then it has to be intimated to the registrar within _______ days of such change.
342 / 371
A _________ is a combination of two companies to form a new company.
343 / 371
344 / 371
A secretary should have sound knowledge of ____________
345 / 371
The reserve bank of India is the example of a ________
346 / 371
A company is a juristic person with a perpetual succession ________
347 / 371
An association of 30 persons not registered under the Companies Act but carrying on a business is a/an __________
348 / 371
When can a private company commence business?
349 / 371
The _____ constitute the top administrative organ of the company
350 / 371
The ______ defines a company’s relations with the outside world.
351 / 371
The name of a company can be changed by __________
352 / 371
Property of the company belongs to ________
353 / 371
Company is managed by _________
354 / 371
Which of the following statement is not true?
355 / 371
The ________ of a Government company is appointed or reappointed by the Comptroller and Auditor General of India.
356 / 371
A subsidiary of a Government company is also treated as a ________
357 / 371
Which of the following companies are register able under the Companies Act, 2013?
358 / 371
If ABC is the holding company of XYZ Ltd., then which of the following statement is not true in this regard.
359 / 371
The companies which are formed under a special enactment are called as ________
360 / 371
The companies which are formed under Special Charter granted by the ‘Kind’ or the ‘Queen’ of England are called _________
361 / 371
Can a private company accept deposits from the public?
362 / 371
Can a private company go for public issue?
363 / 371
A ______ is one who performs the preliminary duties necessary to bring a company into being and float it.
364 / 371
Private company should start its business only after the getting certificate of _______
365 / 371
Public company should start its business only after the getting of _______
366 / 371
Private company can start its business immediately after the issue of _______
367 / 371
_______ is the conclusive evidence in case of company that statutory requirements have been complied with.
368 / 371
A company is named as Government company if it holds ______ of paid up share capital
369 / 371
In the case where a floating charge is treated as invalid, interest @ ____% shall be paid by the company
370 / 371
Benefits of Multi-Disciplinary Firm are -
371 / 371
A company prefers to raise more debt capital rather than equity:
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The average score is 13%