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प्रश्न
True/False Answer Question:
Statement in lieu of prospectus can be filed by a public company going for a public issue.
विकल्प
True
False
उत्तर
The statement is False.
A public limited company inviting applications from the general public to subscribe to its shares or debentures is mandatorily required to file a prospectus with the Registrar of Companies. However, if a company is confident that it can raise funds through private sources i.e. through friends, relatives, or some private arrangements as done by a private company, then it may file a statement in lieu of prospectus with the Registrar of Companies at least three days before making the allotment.
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संबंधित प्रश्न
Multiple Choice Question:
A proposed name of the Company is considered undesirable if
True/False Answer Question:
'Articles of association' is the main document of a company.
Discuss the stages of the formation of a company.
Select the correct answer from the options given below and rewrite the statement:
____________has a 21 digit alpha numeric code which is unique number assigned to every company at the time of incorporation.
Match the pairs.
Group ‘A’ | Group ‘B’ |
a) Minimum 7 members | 1. Persons who conceive the idea of setting up a company |
b) DIN | 2. Public company |
c) Preliminary contracts | 3. Promoters |
d) Fiduciary duties towards the company | 4. Eight Digit alphanumeric number |
e) CIN | 5. Private company |
6. Unique number assigned to each Director | |
7. ROC | |
8. 21 digit alphanumeric code number | |
9. One Person Company | |
10. Contracts entered by Promoters with third parties |
Write a word or a term or a phrase which can substitute the following statement.
Persons who undertake the necessary steps to set up a company.
Write a word or a term or a phrase which can substitute the following statement.
Term which refers to contracts entered into by Promoters with third parties on behalf of the proposed company;
Write a word or a term or a phrase which can substitute the following statement.
The Birth Certificate of a company.
State whether the following statement is True or False.
A company is an artificial person.
State whether the following statement is True or False.
To form a Public company, there must be minimum 2 persons/promoters.
State whether the following statement is True or False.
A company can be registered even without submitting Memorandum of Association and Articles of Association.
State whether the following statement is True or False.
All companies need Certificate of Commencement of business.
Complete the sentence.
Promoters are the persons who undertake the process of _______.
Select the correct option form the given option:
Group A |
Group B |
Promoters |
________ |
Select the correct option form the given option:
Group A |
Group B |
___________ |
Certificate of incorporation |
Select the correct option form the given option:
Group A |
Group B |
CIN |
_______ |
Study the following case/situation and express your opinion.
Mr. Ram, Mr. Sam, and Mr. Tom who are partners have come together to convert their business into a company. They have finalized all the details about the business they want to do, capital needed, etc. However, they do not know how to proceed with the legal formalities. Hence they appoint Mr. Shah who is a Practicing Company Secretary to help them prepare documents needed for incorporating the proposed company.
- Can Mr. Ram, Mr. Sam, and Mr. Tom convert their partnership firm into a company?
- Name 2 most important documents needed to incorporate a company.
- Will Mr. Shah be considered as a Promoter of the Company? Why?
Study the following case/situation and express your opinion.
Mr. Talong with his 5 friends have submitted all the necessary documents for incorporation of TRIM private limited company.
a) How many minimum promoters are needed to incorporate a private company?
b) When can TRIM Private limited company be said to have come into existence.
c) Name the two most important documents that must be submitted at the time of the Incorporation of a company.
Answer in brief.
State the contents of Certificate of Incorporation