Question 1

__________ is a document showing title&#10;A)Share certificate&#10;B)Share warrant&#10;C)Both (a) & (b)&#10;D)None of the above

Accepted Answer

Both a share certificate and a share warrant are documents that show the title of ownership. A share certificate is a document that certifies the ownership of shares in a company, while a share warrant is a document issued by the company that entitles the holder to shares. Both are evidence of ownership or title.

Question 2

A share certificate is required to be signed by ___________.&#10;A)managing director&#10;B)shareholders&#10;C)board of directors&#10;D)company secretary

Accepted Answer

company secretary&#10;

Question 3

Which of the following can issue the share warrant&#10;A)Public&#10;B)Private&#10;C)Both (a) & (b)&#10;D)None of the above

Accepted Answer

Public&#10;

Question 4

_________ are attached to the share warrant&#10;A)Dividend coupon&#10;B)Warrant&#10;C)Certificates&#10;D)None of the above

Accepted Answer

Dividend coupons are attached to the share warrant, allowing the holder to claim dividends.

Question 5

C.G. approval is necessary in case of issue of __________&#10;A)Share certificate&#10;B)Share warrant&#10;C)Both (a) & (b)&#10;D)None of the above

Accepted Answer

C.G. (Central Government) approval is necessary for the issue of a share warrant, as it is a negotiable instrument and involves more regulatory scrutiny compared to a share certificate.

Question 6

In case of __________ duplicate can be obtained if it lost&#10;A)Share warrant&#10;B)Share certificate&#10;C)Dividend coupon&#10;D)None of the above

Accepted Answer

A duplicate share certificate can be issued if the original is lost, subject to the fulfillment of certain conditions laid down by the issuing company. Share warrants and dividend coupons, on the other hand, typically do not have such provisions for duplicates.

Question 7

Duplicate certificate obtained if original certificate lost in case of.&#10;A)Share Certificate&#10;B)Share warrant&#10;C)Dividend warrant&#10;D)None of these

Accepted Answer

Duplicate certificates can be issued for lost share certificates, subject to certain conditions and procedures being followed, such as providing evidence of loss and possibly indemnity against any loss arising from the issuance of the duplicate certificate. Share warrants and dividend warrants do not typically have this provision.

Question 8

Transfer deed should in Form No.&#10;A)6 B&#10;B)5 B&#10;C)7 B&#10;D)None of these

Accepted Answer

The answer of Transfer deed should in Form No.&#10;A)6 B&#10;B)5...

Question 9

_________ is voluntary passage of the rights and duties of member from a share holder.&#10;A)Transfer&#10;B)Transmission&#10;C)Both (a) & (b)&#10;D)None of the above

Accepted Answer

Transfer of shares is a voluntary act by a shareholder, involving the handing over of rights and duties from one member to another. Transmission, on the other hand, occurs by operation of law, such as in the case of death, bankruptcy, or inheritance, and is not voluntary.

Question 10

The person who transfer his rights and duties is called __________&#10;A)Transferee&#10;B)Transferor&#10;C)Promisor&#10;D)Promisee

Accepted Answer

The person who transfers his rights and duties is called a Transferor.

Question 11

_______ is an instrument of transfer signed by the transferor in which the name & date are not filled.&#10;A)Forged transfer&#10;B)Blank transfer&#10;C)Both (a) & (b)&#10;D)None of the above

Accepted Answer

The answer of _______ is an instrument of transfer signed...

Question 12

_______ transfer is null and void&#10;A)Forged&#10;B)Blank&#10;C)Both (a) & (b)&#10;D)None of the above

Accepted Answer

The answer of _______ transfer is null and void&#10;A)Forged&#10;B)Blank&#10;C)Both (a)...

Question 13

If the ownership of shares goes to another by operation of law is called as _______&#10;A)Transfer&#10;B)Transmission&#10;C)Both (a) & (b)&#10;D)None of the above

Accepted Answer

The answer of If the ownership of shares goes to...

Question 14

Transfer is effected by _______&#10;A)Sales&#10;B)Death&#10;C)Insolvency&#10;D)None of the above

Accepted Answer

The answer of Transfer is effected by _______&#10;A)Sales&#10;B)Death&#10;C)Insolvency&#10;D)None of the...

Question 15

Transmission is effected by ______&#10;A)Sale&#10;B)Death&#10;C)Insolvency&#10;D)Both (b) & (c)

Accepted Answer

The answer of Transmission is effected by ______&#10;A)Sale&#10;B)Death&#10;C)Insolvency&#10;D)Both (b) &...

Question 16

In which of the following stamp duty & consideration not necessary ________&#10;A)Transfer&#10;B)Transmission&#10;C)Both a & b&#10;D)None of the above

Accepted Answer

The answer of In which of the following stamp duty...

Question 17

A share warrant is transferable by _________&#10;A)By Execution of transfer deed&#10;B)By delivery&#10;C)both a and b&#10;D)None of the above

Accepted Answer

The answer of A share warrant is transferable by _________&#10;A)By...

Question 18

Company to accept calls in advance from shareholders they should have permission in&#10;A)MOA&#10;B)AOA&#10;C)BOD&#10;D)None of these

Accepted Answer

The answer of Company to accept calls in advance from...

Question 19

Forfeiture can be made only if it is authorized by ________&#10;A)AOA&#10;B)MOA&#10;C)ROC&#10;D)C.G

Accepted Answer

The answer of Forfeiture can be made only if it...

Question 20

Name of the member is struck off from the register in case of ________&#10;A)Issue of share certificate&#10;B)Share warrant&#10;C)Forfeiture&#10;D)None of the above

Accepted Answer

The answer of Name of the member is struck off...

Question 21

_________Days be given for payment of call money from the date of service of notice&#10;A)14&#10;B)13&#10;C)12&#10;D)11

Accepted Answer

The answer of _________Days be given for payment of call...

Question 22

_________ arises in respect of debt due on shares as well as on other transactions.&#10;A)Forfeiture&#10;B)Lien&#10;C)Both (a) & (b)&#10;D)None of the above

Accepted Answer

The answer of _________ arises in respect of debt due...

Question 23

Return of partly paid shares by the shareholders to the company is _______&#10;A)Surrender&#10;B)Forfeiture&#10;C)Lien&#10;D)None of the above

Accepted Answer

The answer of Return of partly paid shares by the...

Deck 5: Title Documents, Share Certificates, and Transfers