Company law introduction

Company law introduction

University

25 Qs

quiz-placeholder

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Company law introduction

Company law introduction

Assessment

Quiz

Business

University

Medium

Created by

NEHA JAIN

Used 64+ times

FREE Resource

25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In which year present Companies Act comes into force?

1956

2013

2018

2020

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Minimum number of members required to form a public company are

2

5

7

3

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The term perpetual succession mean

Going to be die

Never dies

Member operated only

Separate property

4.

MULTIPLE CHOICE QUESTION

30 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

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The process of forming a company including where it becomes a legal entity is known as ______.

Incorporation

A franchise

Liquidity

Goodwill

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

DIN stands for

Director identification number

Directive identification Nil

Decisive information number

Director information numerical

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The maximum number of shareholders for public company

200

300

400

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