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State whether the following statement is True or False: Minor can be the member of the company - Secretarial Practice

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प्रश्न

State whether the following statement is True or False:

Minor can be the member of the company

विकल्प

  • True

  • False

MCQ
सत्य या असत्य

उत्तर

False

shaalaa.com
Members of a Company
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 5: Members of a company - Exercise Q.1 [पृष्ठ ७४]

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बालभारती Secretarial Practice [English] 11 Standard Maharashtra State Board
अध्याय 5 Members of a company
Exercise Q.1 | Q 4.1 | पृष्ठ ७४

संबंधित प्रश्न

Select the correct answer from the options given below and rewrite the statement:

A _______ cannot be a member of a company.


Select the correct answer from the options given below and rewrite the statement:

____________ means a person ceases being a member of the company of membership.


Write a word or a term or a phrase which can substitute the following statement:
A person whose name is entered in Register of Members.


State whether the following statement is True or False:

Legal competency to enter into contracts is one of the criteria to become a member of the company.


State whether the following statement is True or False:

Member is entitled to profits of the company when a dividend is declared.


Find the odd one:


Complete the sentence:

A person whose name is entered in the Register of Members of a company is called __________


Complete the sentence:

In case of death or insolvency of a member, he will cease to be a __________


Complete the sentence:

Members have a right to appoint and remove the __________


Select the correct option form the bracket.

Group A Group B
Minor ___________

Select the correct option form the bracket.

Group A Group B
Co-operative ___________

Answer in one sentence:
What is the common way of becoming a member of a company?


Correct the underlined word and rewrite the following sentence:

A Minor can be a member of a company.


Correct the underlined word and rewrite the following sentence:

Partnership Firm can be a member of a company.


Explain the following Term/Concept.

Transmission of Shares


Justify the following statement.

Member and Shareholder are interchangeable terms.


Justify the following statement.

A Foreigner can invest in shares of an Indian company.


Justify the following statement.

Transfer of shares results in termination of membership.


Answer the following question:

Explain the circumstances when Member is not a shareholder and vice-versa.


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