Question 1

How many members should sign the MOA in case of public company ______.

Accepted Answer

In the case of a public company, a minimum of 7 members must sign the Memorandum of Association (MOA) as per the requirements of company law in many jurisdictions. This is to ensure that there is a sufficient number of founding members to support the operations and management of a public company.

Question 2

How many members should sign the MOA in case of private company ________

Accepted Answer

In the case of a private company, a minimum of 2 members (subscribers) must sign the Memorandum of Association (MOA) as per the requirements of the Companies Act.

Question 3

In case of appointment of Directors ______ form is to be filed

Accepted Answer

In case of appointment of Directors, Form 29 is to be filed.

Question 4

______ is the conclusive evidence in case of company that statutory requirements have complied with

Accepted Answer

The certificate of incorporation serves as conclusive evidence that the company has complied with all statutory requirements for incorporation.

Question 5

Private company can start its business immediately after the issue of

Accepted Answer

A private company can start its business operations immediately after receiving its certificate of incorporation, unlike a public company which requires a certificate of commencement of business.

Question 6

The doctrine of indoor management is an ______to the doctrine of constructive notice

Accepted Answer

The answer of The doctrine of indoor management is an...

Question 7

The doctrine of _________ does not apply to acts void ab initio.

Accepted Answer

The doctrine of indoor management protects outsiders dealing with a company, assuming internal procedures are followed. It does not apply to acts void ab initio, which are invalid from the outset.

Question 8

A company can change its name at its own discretion by passing _________

Accepted Answer

A company can change its name by passing a special resolution and with the approval of the appropriate authority as required under the laws governing companies in many jurisdictions.

Question 9

Any change in the address of the registered office must be communicated to the registrar within:

Accepted Answer

The answer of Any change in the address of the...

Question 10

An act ultra virus the directors can be rectified if it is not ultra vires

Accepted Answer

The answer of An act ultra virus the directors can...

Question 11

The lending of funds ultra vires, the company has no rights

Accepted Answer

The lending of funds ultra vires is not authorized by the company's Act, and therefore the company has no rights under the Act.

Question 12

If a new company get registered with a name which resembles the name of existing company then it should apply to whom?

Accepted Answer

The answer of If a new company get registered with...

Question 13

Companies are now allotted a _______ in addition to their name

Accepted Answer

Companies are allotted a Corporate Identification Number (CIN) in addition to their name, which is a unique identifier assigned by the Registrar of Companies (RoC) operating under the Ministry of Corporate Affairs in India.

Question 14

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

Accepted Answer

A company is required to have its registered office within 30 days of its incorporation.

Question 15

Under which sec. if company fails to commence its main object the court may order winding up

Accepted Answer

Section 433(f) of the Companies Act allows the court to order the winding up of a company if it fails to commence its business within a year from its incorporation or suspends its business for a whole year.

Question 16

In case of forgeries acts done in the name of the company are

Accepted Answer

Acts done in the name of the company through forgery are considered void ab initio, meaning they are treated as invalid from the outset.

Question 17

Signature of memorandum and articles should be done by ___________ number of persons in case of public company

Accepted Answer

The signature of memorandum and articles of association should be done by at least 7 persons in the case of a public company. This is a requirement under corporate law to ensure that there is a minimum number of initial members or subscribers to the company's founding documents.

Question 18

Signature of memorandum and articles should be done by ___________number of persons in case of private company

Accepted Answer

The signature of the memorandum and articles of association should be done by at least 2 persons in the case of a private company.

Question 19

If anybody wants to file a case against the company they should file at what place _________

Accepted Answer

The correct place to file a case against a company is at its Registered Office. This is because the Registered Office is the official address of a company where all official communications and legal notices are sent.

Question 20

Address of the registered office is situated in

Accepted Answer

The answer of Address of the registered office is situated...

Quiz 1: Company Formation and Management