Menu Close

CA Inter Company Law - Preliminary

1 / 20

A company is not an agent of members or directors. True or False.

2 / 20

Shares of unlisted companies are not freely tradable. True or False.

3 / 20

Member may come & member may go but company continues forever. This Principal is called____________

4 / 20

Rule 10 of Companies (Miscellaneous) Rules, 2014 states that Illegal Association is a partnership consisting of more than _______ persons.

5 / 20

Everything which is done in the company will be known by the name of the company?

6 / 20

According to Section 2(42) of the Companies Act, 2013, Foreign Company means any company or body corporate incorporated outside India which-----------

7 / 20

Life Insurance Company is which type of company?

8 / 20

Maximum annual turnover in case of One Person Company------------.

9 / 20

Legal position of a promoter of a company is…….

10 / 20

Which of the following isn't a kind of company?

11 / 20

The official signatures of the company are called ___________

12 / 20

Section 8 of the Companies Act, 2013 deals with which type of company -------

13 / 20

Every Private Company must have at least ________ Directors

14 / 20

Maximum paid up share capital in case of Private Company------------.

15 / 20

In case of Company Limited by Guarantee, the liability of subscriber to MOA arises in the event of___________

16 / 20

The ‘common seal’ of the company should have………………

17 / 20

Angel Infrastructures Pvt. Ltd. with a paid up capital of Rs.45 Lacs and annual turnover of Rs.175 Lacs, is a wholly owned subsidiary of Almightly Infrasturcture Development Ltd. a listed company. Can Angel Infrastructures be called a small company?

18 / 20

Property of the Company belongs to ------------.

19 / 20

Vivek is in trading business whereby he supplies handmade gloves and socks to many charitable trusts who supports the elderly people. Vivek now wants to expand his business and wants to reap the benefits of company form of oragnisation by opening his business as an OPC registered under section 8 of the Companies Act, 2013. Advise Vivek:

20 / 20

Which of the following statement is false about Section 8 Company?

Your score is



1 / 16

The minimum number of members in a private company and public company are

2 / 16

A director member deposited with company ` 5000 and demanded that AGM notice should be sent by Blue Dart courier only. Is that company bound to serve it that way only?

3 / 16

If a company changes its name; which of the following is most accurate:

4 / 16

A company registered with the name of a trade mark already in existence:

5 / 16

"A not for profit company shall not alter the provisions of its memorandum or articles".

6 / 16

Which one of the following statements is least likely to be true. A company is a subsidiary if another company:

7 / 16

To entrench its article after incorporation a public company:

8 / 16

The Registrar shall register any alteration of the memorandum with respect to the objects of the company and certify the registration within a period of ______ from the date of filing of the special resolution.

9 / 16

AOA of a private company says that Preference shareholders will have right to vote only if last 3 years dividend is not paid. This is:

10 / 16

Which one of the following is not the content of the Memorandum of Association?

11 / 16

Only a natural person who is an Indian citizen and who has stayed in India for a period of at least _____ days during the immediately preceding one calendar year shall be eligible to incorporate a OPC.

12 / 16

If a company is registered by incorrect information then its winding up may be ordered by:

13 / 16

Forms of (1) Articles of guarantee company having a share capital (2) Articles of a guarantee company not having a share capital (3) Memorandum of an unlimited company with share capital (4) Memorandum of a company limited by shares; are respectively given in:

14 / 16

A section 8 company can call its general meeting by giving a clear at least _________ notice.

15 / 16

XYZ Co; is having 15% share capital held by X Company and 50% held by central Government and 10% held by State Government and 25% held by other people then that company will be _________ .

16 / 16

Tweeter Ltd. has invested 51% in the shares of Snapchat Pvt. Ltd. on 31 March 2018. Snapchat Pvt. Ltd. have been holding 2% equity of Tweeter Ltd since 2011. Snapchat Pvt. Ltd. wants to increase its holdings in equity upto 4% in Tweeter Ltd. after 31 march 2017.Can Snapchat Pvt. Ltd. increase its holdings in equity upto 4% in Tweeter Ltd. after 31 march 2018?

Your score is