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WorksheetsCompany Act
Total questions: 111
Worksheet time: 1hrs 22mins
Full form of ROC
Registrar of charges
Registration of companies
Registrar of Companies
Registration of Charges
ROC is appointed under which section of Companies Act
section 609
section 699
section 906
section 606
Companies in India are to be registered under
Companies Act 2011
Companies Act 2012
companies Act 2013
companies act 2014
Which is not true about company
It is a juristic person
does not have perpetual succession
distinct from its member
all are correct
Under which section of companies act are companies require to register charges with ROC
sec 120
sec 609
sec 125
sec 140
Within how many days of creation of charges are companies required to register charges with ROC
60
30
90
300
Full form of OPC in companies act
One Power Company
One Person Company
One People Company
One Public Company
What is correct about One person Company
only One member
at least one member
only one director
at least one director
What is the minimum number of directors required for a private company in India?
1
4
2
3
Which document is required to be filed for the incorporation of a company?
Memorandum of Association
Both Memorandum and Articles
None of the above
Articles of Association
What is the maximum number of members allowed in a private company?
50
200
100
No limit
Name of Chapter I of Companies Act 2013?
(a)
Name of Chapter XX of Companies Act 2013?
(a)
Name of Chapter XIV of Companies Act 2013?
(a)
Name of Chapter X of Companies Act 2013?
(a)
Name of Chapter XXIA of Companies Act 2013?
(a)
Name of Chapter XXV of Companies Act 2013?
(a)
Name of Chapter XXIX of Companies Act 2013?
(a)
Name of Chapter XXIII of Companies Act 2013?
(a)
Name of Chapter XVI of Companies Act 2013?
(a)
Name of Chapter VI of Companies Act 2013?
(a)
Name of Chapter XII of Companies Act 2013?
(a)
Name of Chapter XV of Companies Act 2013?
(a)
Name of Chapter XVII of Companies Act 2013?
(a)
Name of Chapter XXVII of Companies Act 2013?
(a)
Name of Chapter XXII of Companies Act 2013?
(a)
Name of Chapter II of Companies Act 2013?
(a)
Name of Chapter VII of Companies Act 2013?
(a)
Name of Chapter XVIII of Companies Act 2013?
(a)
Name of Chapter IV of Companies Act 2013?
(a)
Name of Chapter XXVI of Companies Act 2013?
(a)
Name of Chapter XXI Part II of Companies Act 2013?
(a)
Name of Chapter III Part I of Companies Act 2013?
(a)
Name of Chapter XIII of Companies Act 2013?
(a)
Name of Chapter III Part II of Companies Act 2013?
(a)
Name of Chapter XXIV of Companies Act 2013?
(a)
Name of Chapter XXVII of Companies Act 2013?
(a)
Name of Chapter XI of Companies Act 2013?
(a)
Name of Chapter XXI Part I of Companies Act 2013?
(a)
Name of Chapter IX of Companies Act 2013?
(a)
Name of Chapter V of Companies Act 2013?
(a)
Name of Chapter VIII of Companies Act 2013?
(a)
Name of Chapter XIX of Companies Act 2013?
(a)
What are the Sections in Chapter X?
196-205
173-193
149-172
139-148
What are the Sections in Chapter XXII?
379-393A
387-393A
379-380
396-404
What are the Sections in Chapter XXVI?
406
405
404
406A
What are the Sections in Chapter XVI?
230-240
241-246
247
241-247
What are the Sections in Chapter XXIV?
395-404
396-405
396-404
396-406
What are the Sections in Chapter XXVII?
406-434
407-434
406-433
407-433
Which of the following companies is not exempted from incorporation under the Companies Act?
Companies under Electricity Act, 2003
Companies under Food Safety and Standards Authority of India, 2006
Companies under Banking Regulation Act, 1949
Companies under Insurance Act, 1938
In case of a company is limited by _____________, the liability of its members is limited to the unpaid amount of shares they hold.
Shares
Guarantee
Directors
Shareholders
In the case of a company is limited by shares, the liability of its members is limited to ____________________.
the amount of each members' contribution towards the assets of the company.
the unpaid amount of shares they hold
the entire liability of the company
All of the above
In the case of a company is limited by guarantee, the liability of its members is limited to ____________________.
the amount of each members' contribution towards the assets of the company.
the unpaid amount of shares they hold
the entire liability of the company
All of the above
In case of a company is limited by _____________, the liability of its members is limited to the amount of each members' contribution towards the assets of the company.
Shares
Guarantee
Directors
Shareholders
Which of the following details is not included in the Memorandum of a company?
Registered office address
Objects of the company
Liability of various members of the company
Shares of the shareholders
According to the Indian Companies Act, 2013, there should be at least a minimum of 1 female director on the company's board.
The statement is true
The statement is false
The statement is not mandatory
Cannot determine
According to the Indian Companies Act, 2013, there should be at least a minimum of 1 female director on the company's board who must have stayed in the country for at least 365 days and not less.
The statement is true
The statement is false
The statement is not mandatory
Cannot determine
According to the Indian Companies Act, 2013, the companies are required to specify the amount of incentives or activities that reflect CSR on an annual basis.
The statement is true
The statement is false
The statement is not mandatory
Cannot determine
Stakeholders are ________________________, where as shareholders are ____________________________
Directors, Managers
Managers, Directors
Interested Parties, Owners
Owners, Interested Parties
In which year present Companies Act comes into force?
1956
2013
2018
2020
Minimum number of members required to form a public company are
2
5
7
3
Saloman was carried which kind of business?
cloths
Boot
Chocolate
Mobile
The term perpetual succession mean
Going to be die
Never dies
Member operated only
Separate property
Shares in private company ______
never transferable
can be transfer with approval of other members
Freely transferable
Transfer by company law Board only
The common seal of the company
Is mandatory for all the companies
It is mandatoryFor Public Co. only
It is mandatory for Pvt. Co. Only
It is optional W.E.F 29/05/15
Tick all the demerits of a company from the followinig.
Formalities
More tax burden
Limited liability
Possibility of fraud
Company can be a citizen of country?
True
False
Partially true
Partially false
Audit of accounts are compulsory in case of comapnies.
False
Partially false
True
Partially true
The process of forming a company including where it becomes a legal entity is known as ______.
Incorporation
A franchise
Liquidity
Goodwill
DIN stands for
Director identification number
Directive identification Nil
Decisive information number
Director information numerical
The maximum number of shareholders for public company
200
300
400
Unlimited
---------- is the constitution of the company
Memorandum
Articles
Prospectus
Agenda
Articles of Association is the foundation upon which the whole structure of the company is built up
True
False
Memorandum of Association deals with
Insiders
Outsiders
Directors
Employees
Domicile clause deals with
Name
Situation
Objects
Capital
To alter the Memorandum , we need approval from
Municipality
Board of Directors
Central Government
State Government
1. The term ‘ultra vires’ means------------------
with the power
Beyond the power
Directors power
Shareholders power
Can an ultra vires Act be ratified?
Yes
No
-----Document contains the rules and regulations regarding the internal management
Memorandum
Articles
Certificate of incorporation
Minutes
The main provisions regarding the AOA are found in Secs. ----of the Act
5,6 and 7
5,8 and 10
5,10 and 14
10,14,15
Table A in schedule I of the Act explains about AOA
True
False
To ratify AOA -------resolution is needed
General
Special
quorum
Minutes
MOA is a ----------------------------document
Principal
Secondary
Optional
Computer
The capital of the company and its divisions
Object clause
Name clause
State clause
Capital clause
Articles of Association is subordinate to --------
Company Law
Central Government
Memorandum
Prospectus
Doctrine of constructive notice is a
Positive doctrine
Negative doctrine
Doctrine of constructive notice do not affect the company but only the third party
True
False
Doctrine of indoor management safeguards----
Company
Director
Third party
Ignorant stranger
What are the exception to the doctrine of indoor management ?
Knowledge or irregularity
Negligence
Perpetual succession
Limited liability
----------- company is prohibited to issue prospectus
Private company
Public company
Investment company
Government company
Part I of the company Act 2013 deals with
Public offer
Private placement
RBI guidelines
SEBI guidelines
Name the cooperative society that provides loan to its members at easy terms and reasonable interest
Marketing Cooperative societies
Consumers Cooperative Societies
Credit Cooperative societies
Credit Cooperative societies
Name the act that grants equal coparcenery rights to girl child of the family.
Hindu succession Act, 1956
Companies Act, 2013
Indian Partnership Act, 1932
Hindu Succession act, 2005
Identify the liability of Minor in Joint Hindu Family Business.
Limited
Unlimited
Which is not limitation of sole proprietorship form of business?
Limited Resources
Limited Managerial Skill
Limited liability
Lack of continuity
Meaning of Unlimited liability is
unlimited resources may be use
Unlimited payment is to be done
Personal property of proprietor will be use to pay business debt
unlimited time for business
Mention the maximum number of partners in partnership and under which Act it is mention.
100, Indian Partnership Act 1945
50, Indian Partnership Act, 1932
50, Companies Act 2013
100, Companies Act 2015
Can Partnership be carried on without having agreement in writing?
Yes
NO
Name the partner who does not contribute capital for business but held liable to outsiders.
Partner by estoppel
Secret Partner
Active Partner
Dormant Partner
Name the partnership in which liability of one partner is limited and the liability of remaining partners unlimited.
Partnership at will
General Partnership
Limited Liability Partnership
Particular Partnership
Name the partnership in which partners can close partnership by giving notice.
Partnership at will
General Partnership
Limited Liability Partnership
Particular Partnership
Name the types of company which require to maintain the index of its members.
One person company
Joint stock company
Public Company
Private Company
"One person company can be formed by one person and that one person must be natural person". state
True
False
Name the type of company that allow its members to transfer its shares
One person company
Private Company
Public Company
Promoter is one who
arrange the resources for business
get approval for name
conceive business idea
All of above
A private company can start its operation after completing
Promotion Stage
Registration Stage
Capital Subscription Stage
Any time on the will of company
How many signatories are required for memorandum of association in case of public company?
7
5
2
3
Name the document that is called Charter of Company.
Memorandum of Association
Consent of Proposed directors
Article of Association
Name approval Letter
Name the document which is not required by public company, if they are following Table F of Company Act
Article of Association
Memorandum of Association
Name approval Letter
Consent of Proposed directors
Name the document that specify the company relation with outside world.
Consent of Proposed directors
Article of Association
Prospectus
Memorandum of Association
The most important document used in partnership business is (a) .
