company law 1

---------- is the constitution of the company

• Memorandum

• Articles

• Prospectus

• Agenda

Articles of Association deals with

• shareholders

• Outsiders

• Directors

• Employees

Every co. must use the word "ltd." or "Pvt. Ltd." except

• Charitable companies

• Non- Trading company

• All of the above

1. The term ‘ultra vires’ means------------------

• with the power

• Beyond the power

• Directors power

• Shareholders power

Can an ultra vires Act be ratified?

• Yes

• No

Property of the company belongs to

• Shareholders

• company

• members

• promoters

When company divided its shares into smaller denomination is called as

• consolidation of shares

• sub division of shares

• conversion into the stock

• Reduction of Share capital

The word 'Ltd' is used for--------- company

• Private company

• Public Company

• Guarantee company

• Listed company

--------- is the first stage of formation of a company

• Registration

• Promotion

• Commencement of business

• Application

The relationship of the promoter to the company

• Agent

• Trustee

• Fiduciary

• Officer