Deck 4: Company Law and Regulations: Part 2

Question 1

A company can become a members of another company if it is so authorized by______

A)moa
B)aoa
C)both (a) & (b)
D)none of the above

Answer 1

moa

Question 2

Validity period of information memorandum is___________

A)1 year
B)2 years
C)3 years
D)4 years

Answer 2

1 year

Question 3

Central Government permission is required in case of_____ conversion____

A)private to public
B)public to private
C)both (a) or (b)
D)none of the above

Answer 3

public to private

Question 4

Paying back of capital is called

A)redemption
B)conversion
C)participation
D)none

Question 5

Proxies cannot vote on_________

A)show of hands
B)poll
C)both (a) & (b)
D)none of the above

Question 6

Minimum number of members in case of public company

A)1
B)2
C)5
D)7

Question 7

Minimum no. of Directors in case of private company is __________

A)1
B)2
C)3
D)4

Question 8

A company is named as govt. company if it is holds_________ % of paid up share capital

A)more than 30
B)more than 40
C)more than 50
D)none

Question 9

_______ % of shares should be held by a company in another company so as to become subsidiary

A)more than 50
B)more than 40
C)more than 30
D)more than 20

Question 10

In case of Non -Profit making Companies books of accounts are required to be preserved for _____ years

A)2
B)4
C)6
D)8

Question 11

Accepting of deposits from public in case of private company is

A)prohibited
B)restricted
C)acceptable
D)none of these

Question 12

Stamp duty on registration of the company is payable based on____________ capital.

A)nominal
B)authorized
C)both (a) & (b)
D)none

Question 13

____ are the shares issued by the company to it employees or directors for consideration other than cash

A)bonus
B)sweat
C)right
D)none of the above

Question 14

________ resolution should be passed by the company to offer shares to outsiders

A)special resolution
B)ordinary resolution
C)c.g
D)none of the above

Question 15

The doctrine of indoor management is an_________ to the doctrine of constructive notice

A)exception
B)extension
C)alternative
D)none of the above

Question 16

Ques. Companies are now allotted a_________ in addition to their name

A)PAN
B)SIN
C)PIN
D)CIN

Question 17

In how many days did the company have its registered office after incorporation

A)10
B)20
C)30
D)40

Question 18

If any body wants to file a case against the company they should file at what place _____

A)company
B)registered office
C)bod
D)books of accounts

Question 19

Ultra vires loans granted by the company are

A)void
B)voidable
C)valid
D)none of the above

Question 20

conceives the idea of the business

A)promoters
B)directors
C)auditors
D)none of the above

Question 21

Company is recognized by _________________

A)Services
B)Common Seal
C)Directors
D)Artificial Person

Question 22

Company Law disputes are referred to_____________

A)CLB
B)NCLT
C)NCLAT
D)District court

Question 23

One of the feature of Company as _______________

A)Name
B)Perpetuity
C)Location
D)Registration

Question 24

_____________ Company can be classified on based control company.

A)Public
B)Limited
C)Registered
D)Holding