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Formation of company stages

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

What are the four stages of formation of company?

a)

Promotion, Capital subscription, Incorporation and loan for business

b)

Commencement of business, Hire employees, Incorporation and Name approval

c)

Promotion, Incorporation, Capital subscription and Commencement of Business

d)

Hire employees, Loan for Business, Filing of necessary documents, Commencement of Business

2.

How many stages a private company has to undergo ?

a)

One Stage

b)

Two Stages

c)

Three Stages

d)

Four Stages

3.

How many stages a Public company has to undergo ?

a)

Four Stages

b)

Three Stages

c)

One Stage

d)

Two Stages

4.

What are the documents required for Formation of company?

a)

The name clause, Objects Clause, Allotment of Shares, Filing of Prospectus

b)

Allotment of Shares, Register office Clause, Capital Clause

c)

Objects Clause, Name Clause, Register Office clause, Liability clause and Capital clause

d)

Filing of Prospectus, Name Clause, Register Office clause, Liability clause and Capital clause

5.

Minimum number of members to form a private company is------------

a)

2

b)

3

c)

5

d)

7

6.

Minimum number of members to form a public company is-----

a)

5

b)

7

c)

12

d)

21

7.

Application for approval of name of a company is to be made to------------------------------

a)

Government of the State in which Company is to be registered

b)

Registrar of Companies

c)

SEBI

d)

Government of India

8.

A proposed name of Company is considered undesirable-----------------

a)

It is identical with the name of an existing company

b)

It resembles closely with the name of an existing company

c)

It is an emblem of Government of India, United Nations etc.

d)

In case of any of the above

9.

It is necessary to get every company incorporated, whether private or public.

a)

True

b)

False

10.

A company cannot come into existence without:

a)

Issuing a prospectus

b)

Getting certificate of incorporation

c)

Electing Directors

d)

All of these