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Chapter 1 & 2 ( Sec 3-8) - Sept'25 & Jan'26

Total questions: 15

Worksheet time: 15mins

Name
Class
Date
1.

What is the full form of CIN

a)

Corporate Idea Number

b)

Company Identification Number

c)

Corporate Identification Number

d)

Company Identity Number

2.

Which among the following is not allowed to be registered under section 8 of the Companies Act, 2013:

a)

A limited company which has in its objects the promotion of religion

b)

A limited company which prohibits the payment of dividend

c)

A private limited company which has in its objects the promotion of social welfare

d)

A limited company which apply its profits in promoting education

3.

Name of a proposed company can be reserved for:

a)


20 days

b)


30 days

c)

60 days

d)

90 days

4.

Where Registrars directs a company to change its name, the company shall make such changes within ___ by passing ___

a)

3 months; Ordinary Resolution

b)

6 months; Ordinary Resolution

c)

6 months; Special Resolution

d)


3 months; Special Resolution

5.

Where a company is granted licence under section 8, it is not required to use the word …………… even though it is a limited company

( hint - Don't think too much. Answer is simple:)

a)

Guarantee company

b)

Limited Liability Partnership

c)

Limited or Private Limited, as the case may be

d)

Development Authority

6.

As per section 3A, where the number of members is less than the prescribed limit and the company carries on business for more than 6m, the continuing members:

a)


Shall be Severally Liable

b)


Can be severally sued

c)

Shall be severally liable and can be severally sued

d)

None of the above

7.

Reliance OTT Private Limited wants to amend its AoA to insert an entrenchment provision in the AoA. Which of the following is true:

a)


An OR is to be passed to do so

b)

An SR is to be passed to do so

c)


All members of the co. should consent

d)


75% of the members should consent to the same.

8.

 If a company is registered by furnishing incorrect information, then it’s winding up may be ordered by:

a)

CG

b)

RoC

c)

Tribunal

d)

Court

9.

In case of an application for reservation of name or for change of its name by an existing company, the Registrar may reserve the name for a period of ……………. from the date of approval

a)

90 days

b)

60 days

c)

30 days

d)

120 days

10.

Documents that were submitted with RoC at the time of incorporation of the company u/s 7 shall be preserved for:

a)

8 years

b)

Till Dissolution

c)

3 years

d)

Forever

11.

"A not for profit company shall not alter the provisions of its memorandum or articles"

a)

False; it can freely change it.

b)

False; It can do so with permission of Central Government

c)

True; because it will be violation of terms of licence

d)

True; because MOA/AOA of a section 8 company is unalterable

12.

To entrench its article after incorporation a public company:

a)

will have to pass a special resolution

b)

will have to take consent of all members

c)

is not allowed to do so

d)

will have to pass special resolution and take approval of Tribunal

13.

Kamya Ltd. is incorporated on 3rd January, 2023. As per the Companies Act, 2013, what will be the financial year for the company

a)

31/03/23

b)

31/12/23

c)

31/03/24

d)

30/09/24

14.

Which of the following is not mandatorily required to include cash flow as part of its financial statement ??

a)

Shiv Limited

b)

Shiv Private Limited (not a start- up company)

c)

Shiv (OPC) Private Limited

d)

Shiv Limited, having paid up share capital of 3 crore and turnover of 30 crore

15.

Financial Statement in relation to a company do not include:

a)

Cash Flow statement

b)

Funds flow statement

c)

Statement of changes in Equity

d)

Explanatory note annexed to the financial statements