
Company law introduction
Authored by Kunal Sharma
Business
University
Used 375+ times

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12 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
In which year present Companies Act comes into force?
1956
2013
2018
2020
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Minimum number of members required to form a public company are
2
5
7
3
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Saloman was carried which kind of business?
cloths
Boot
Chocolate
Mobile
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The term perpetual succession mean
Going to be die
Never dies
Member operated only
Separate property
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Shares in private company ______
never transferable
can be transfer with approval of other members
Freely transferable
Transfer by company law Board only
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The common seal of the company
Is mandatory for all the companies
It is mandatoryFor Public Co. only
It is mandatory for Pvt. Co. Only
It is optional W.E.F 29/05/15
7.
MULTIPLE SELECT QUESTION
20 sec • 1 pt
Tick all the demerits of a company from the followinig.
Formalities
More tax burden
Limited liability
Possibility of fraud
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