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CA Inter Company Law - Preliminary

1 / 20

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

2 / 20

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

3 / 20

Every Private Company must have at least ________ Directors

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

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

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

7 / 20

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

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

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Life Insurance Company is which type of company?

10 / 20

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

11 / 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:

12 / 20

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

13 / 20

The official signatures of the company are called ___________

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

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

16 / 20

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

17 / 20

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

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

19 / 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?

20 / 20

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

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1 / 16

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

2 / 16

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

3 / 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?

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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.

5 / 16

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

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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?

7 / 16

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

8 / 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.

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

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

11 / 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 _________ .

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

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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

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

15 / 16

To entrench its article after incorporation a public company:

16 / 16

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

Your score is