Quiz 3 Company Law

The earliest form of incorporation of companies is

• Chartered Company

• Statutory Company

• Registered Company

• None

In which section of the Companies Act, 2013 are different companies defined?

• Section 5

• Section 2

• Section 12

• Section 15

Which of the following companies are exempted to add "Ltd" or "Pvt.Ltd" at the end of their name?

• Govt Companies

• Defunct Companies

• Private Companies

• Not for Profit Companies

Companies incorporated under an act of Parliament are known as-------------------companies

• Government

• Statutory

Minimum paid up capital of a Public Company is fixed at 3 lakh rupees.

• True

• False

Which of the following is correct about a private company?

• There must be atleast 2 members.

• It cannot issue prospectus.

• Preparation of article is mandatory.

• All of the above.

Minimum number of directors in private company is:

• 1

• 2

• 3

• 4

Minimum number of directors in public company is.....................?

• 4

• 3

• 2

• 1

Minimum number of members is a private company is.......?

• 2

• 3

• 4

• 7

Minimum number of members in a public company is...?

• 2

• 7

• 3

• 1