Company Law 16/02/2024

Debenture can be issued at:

• A. At discount

• B.At premium

• C. At par

• D.All of the above

How many members have to sign a memorandum of association in case of a private company?

• A. Five

• B. Seven

• C. Two

• D. Ten

The official signature of a company is called:

• A. Prospectus

• B. Debentures

• C. Shares

• D. Common seal

The company is managed by the group of persons known as:

• A.Board of directors

• B.Group of member

• C.Team of shareholders

• D.None of the above

What is meant by a nominee director?

• A.A director designated by any institution

• B. A director elected by Small Shareholders

• C. A director appointed in casual vacancy

• D. A director appointed to act on behalf of any other director during his absence from India

Which of the following companies may appoint a director elected by small shareholders?

• A.Public companie

• B. Listed companies

• C. All companies having public borrowings from financial institutions, banks, or public deposits of rupees fifty crores or more.

• D. All of the above