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WorksheetsFormation of a company
Total questions: 10
Worksheet time: 5mins
Minimum number of members to form a private company is------------
2
3
5
7
Minimum number of members to form a public company is-------------
5
7
12
21
Application for approval of name of a company is to be made to------------------------------
SEBI
Registrar of Companies
Government of India
Government of the State in which Company is to be registered
A proposed name of Company is considered undesirable-----------------
It is identical with the name of an existing company
It resembles closely with the name of an existing company
It is an emblem of Government of India, United Nations etc.
In case of any of the above
A prospectus is issued by---------------------
A private company
A public company seeking investment from public
A public enterprise
A public company
It is necessary to get every company incorporated, whether private or public.
True
False
Not sure
A private company can commence business after incorporation.
True
False
If a company is registered on the basis of fictitious names, its incorporation is invalid.
True
False
A company cannot come into existence without:
Electing Directors
Getting certificate of incorporation
Issuing a prospectus
All of these
The shares of -------- company can be freely transferable.
Private company
Public Company
Partnership
All the above
