Corporate Prep Test

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Corporate Prep Test

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This practice test focuses on issue of shares, allotment, calls, forfeiture, transfer, and related capital provisions under company law.

Equity Share & Share Capital- Revision Test

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Transfer of shares in Partnership firm is

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Transfer of shares in the company is

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Minimum paid up share capital in case of a public company is _____

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Minimum paid up share capital in the case of a private company is _____

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For example par value is Rs.10 and it is issued at Rs.15 then Rs.5 is the _________ amount.

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________ means the total amount of called up capital on the shares issued and subscribed by the shareholders on capital account.

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___________ means the total amount of called up share capital which is actually paid to the company by the members.

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__________ share capital has priority both in repayment of dividend as well as capital.

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The dividend payable to _________ share holders is payable on fixed figure or percent.

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Par value of share means the _______ value of the shares.

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The shares of a _______ company can be freely transferable.

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The liability of the members of the company can be limited by –

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The rules provide that a trust deed in form No_______ or as near to as possible executed by the Co. Issuing debenture in favour of the debenture trustee and within six days of allotment of debenture in other cases.

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Register of sweat equity share is not to be maintained in

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Equity share capital with reference to any co limited by shares, means all shares capital which is not:-

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The Shares with differential rights shall not exceed _________ of the total post- issue paid up equity share capital including equity shares with differential rights issued at any point of time.

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