In case the minimum subscribed amount has not been collected within the prescribed time, then the application money so collected has to be refunded within a period of _________

In the event of non-receipt of minimum subscription as per prospectus, the application money has to be refunded to the applicants within a prescribed time limit. For failure to refund, both the Company and the accountable/ responsible officers shall be jointly and severally liable to repay the principal application money along with interest:

Allotment of any security of a company offered to the public for subscription shall be made provided

In case a company does not receive minimum subscription, can it retain the subscription amount and realise it?

If company do not follow the principle of separate legal entity_________can be done.

A company being a legal person is also a citizen under the Constitution of India

A company is a separate __________

In case minimum subscription is not received and refund is delayed____ % of interest to be paid by the company.

If minimum subscription is not received application money should be refunded within ____  days

Can allot shares without receiving minimum subscription?

If minimum subscription is not received application money should be refunded within    ____days

The minimum subscription is to be received within ______days of the offer.

The amount of minimum subscription may be learnt from the ______________.

In case minimum subscription is not received and refund is delayed____ % of interest to be paid by the company.

If minimum subscription is not received, application money should be refunded within ____  days

A company becomes a legal person separate from the incorporators from the date of incorporation.

One-person company is a separate legal entity distinguished from its promoter, it has own assets and liabilities.

Members may come and go but the company can go on forever.

The concept of independent corporate entity may under certain circumstance be disregarded.

The concept of separate corporate entity was confirmed in the case of Lee v. Lee’s Air Farming Ltd (1961).

A company has a legal entity distinct and separate from its constituent members or shareholders.

Minimum number of subscribers for Producer Company is _______.

Minimum number of subscribers for Public Limited Company is_______.

Minimum number of subscribers for Private Limited Company is_______.

Minimum number of subscribers for One Person Company is _________.

Prospectus was a public offer of shares despite the indication that described it as private circulation only. This principle was enunciated in ___________

The Members of the board of directors constitute the pillars of the company by which the company can only act or take decisions through them. This principle was enunciated in ___________

Since the corporation performs the functions of a commercial entity, it cannot be regarded as an organ or a department of the government of India. This principle was enunciated in ___________

This law as evolved in the area of mergers and amalgamation has recognised the importance of the Court not sitting as an appellate authority over the commercial Wisdom of those who seek to restructures business. This principle was enunciated in ___________

Promoters stand in a fiduciary position. They have in their hands the creation and moulding of the company. This principle was enunciated in ___________

Each member is entitled to say that there shall be no breach of the Articles and he is entitled to an injunction to prevent breach. This principle was enunciated in ___________

Section 439 of the Companies Act, 1956 contains the right on a shareholder to petition for winding up of the company in certain circumstances. This right cannot be excluded or limited by the articles. This principle was enunciated in ___________

Under the law an incorporated company is a distinct entity and although all the shares may be practically controlled by one person, in laws a company is a distinct entity and it is not permissible or relevant to enquire whether the directors belonged to the same family or whether it is compendiously described as one man company. This principle was enunciated in ___________

A company will be registered as an Indian Company even if it is incorporated in India by promoters of foreign rationality. This principle was enunciated in ___________

A deemed public company is neither a private company nor a public company but a company in a third category. This Principle was enunciated in _________

Company may ratify the ultra vires borrowing by the directors if it is taken bonafide for the benefit of the company. This principle was enunciated in __________

Outsiders are bound to know the external position of the company but are not bound to know its indoor management. This principle was enunciated in ____________

Persons dealing with the Company are bound to read the registered documents and to see that the proposed dealing is not inconsistent therewith. This principle was enunciated in ___________

A company can assume enemy character when persons in defacto control of its affairs are residents in any enemy country or whenever resident, are acting under the control of enemies. This principle was enunciated in___________.

A company incorporated in United Kingdom in a legal entity, a creation of law with the status and capacity which the law confers. The principle was enunciated in __________

Shareholder cannot insure the company’s property in his own name even if he is the owner of all or most of the company’s shares. This principle was enunciated in __________

The Directors are not precluded from being an employee of the company for the purpose of workmen’s compensation legislation. This principle was enunciated in _____________

City Equitable Fire Insurance Company. Re. (1924) All E. Rep. 485 relates to ___________

Ramesh –v- ROC (2007) 135 Comp Cas 655 relates to ________

Automatic self-cleansing Filter Syndicate Co. Ltd. –v- Cuninghame (1906) 2 Ch. 34 relates to _________

A Company is a larger person or “legal entity” separate and capable of surviving beyond the lives of the members. This was held in ______

The company will be considered as a separate person and different from its members from the date (when the company) ___________

The minimum subscription is to be received within ____ days of the offer.

The amount of minimum subscription maybe learnt from the ______

The company will be considered as separate person and different from its members from the date (when the) __________

“Men may come and men may go but the company exist” – this explains which characteristics of the company as per Companies Act, 1956.

If minimum subscription is not received application money should be refunded within ____ days.

Minimum subscription should be received within ______ days.