Deck 3: Company Law and Formation: Part B

Question 1

If the company's Act go beyond the provisions of the Memorandum, its act will be ----------------------

A)Constructive notice
B)Circular
C)Ultra virus
D)None of the above

Answer 1

Ultra virus

Question 2

--------------------- is the construction of a company

A)Promotion
B)Certificate of incorporation
C)Memorandum
D)Documents

Answer 2

Memorandum

Question 3

------------------ can be passed by the support of three fourth majority a share holders who are present and entitle to vote at a meeting.

A)Special resolution
B)Ordinary resolution
C)Both A and B
D)None of these.

Answer 3

Both A and B

Question 4

--------------------- contain the rules and regulation of the company

A)Prospectus
B)Statement in lieu
C)Articles of Association
D)Memorandum of Association

Question 5

---------------------- signed by the required number of persons which are necessary for the formation of company.

A)Memorandum of Association
B)Prospectus
C)Statement in lieu
D)None of the above.

Question 6

A public company having a share capital, becomes entitled to commence business only after obtaining a further certificate known as a ----------------

A)Company formation
B)Certificate of incorporation
C)Provisional contracts
D)Certificate of commence business

Question 7

The annual return should be filed by a company with the Registrar within the date of the annual general meeting of the company.

A)40
B)60
C)30
D)50

Question 8

Every share holder of a company is also known as --------------

A)Member
B)Partner
C)Director
D)All of the above

Question 9

A foreigner can become a member of a company registered in India but permission of

A)SEBI
B)High Court
C)RBI
D)Supreme court

Question 10

The capital with which the company is registered is called the -----------------

A)Subscribed Capital
B)Nominal Capital
C)Working Capital
D)None of these

Question 11

The procedure for change of registered office from one city to another within the state is by passing-------------------

A)Special resolution only
B)Ordinary resolution only
C)Special resolution and approval of central government
D)Ordinary resolution and approval of company law board

Question 12

--------------- is subordinate to and controlled by the memorandum of association

A)Prospectus
B)Statement in lieu
C)Articles of association
D)None of the above

Question 13

------------ lays down the objects and powers of the company.

A)Memorandum of Association
B)Articles of Association
C)Prospectus
D)Statement in lieu

Question 14

--------------------------- lays down the modes in which the objects of the company are to be carried out by the members.

A)Statement in lieu
B)Prospectus
C)Memorandum of Association
D)Articles of association

Question 15

The doctrine of indoor Management has its own origin in

A)Salmon V Salona U&Co.Ltd.
B)Ryland V Turquand
C)Royal British Bank V Turquand
D)None of these

Question 16

Offers may be invited from the public by issuing a document known as ------------

A)Prospectus
B)Notice
C)Circular
D)All of the above

Question 17

Articles of Association are not required to be registered in case of ----------------

A)An unlimited Company
B)A company limited by guarantee
C)A public company limited by shares.
D)A private company limited by shares.

Question 18

Doctrine of constructive notice means-------------

A)Notice of alternation of object clause to the registrar
B)Notice to outside dealing with the registrar as to contents of memorandum and articles
C)Notice of change of name to members
D)Notice to public as to issue of prospectus.