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

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प्रश्न

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

एका वाक्यात उत्तर

उत्तर

Buying shares of a company is the most common and easiest way of becoming a member of a company.

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Members of a Company
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पाठ 5: Members of a company - Exercise Q.1 [पृष्ठ ७५]

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बालभारती Secretarial Practice [English] 11 Standard Maharashtra State Board
पाठ 5 Members of a company
Exercise Q.1 | Q 8.2 | पृष्ठ ७५

संबंधित प्रश्‍न

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

________ is a person whose name is entered in the Register of Members.


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:

When a person buys shares of a company by filling up an application form, the person becomes a member by _________.


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.


Match the pairs:

Group ‘A’ Group ‘B’
a) Insane person 1) Transfer of shares by operation of law
b) Foreigner 2) Cannot be a member
c) Transmission of shares 3) Cessation of membership
d) Surrender of shares 4) To get copies of Auditor’s, Directors’ Report, etc.
e) Right of Members 5) Can be a Member
  6) To attend a board meeting
  7) Duties of member
  8) Surrendering all assets to the company
  9) Demand or claim money from the company
  10) Transfer of shares by order of Secretary

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.


Write a word or a term or a phrase which can substitute the following statement:
Becoming a member of a company.


State whether the following statement is True or False:

Buying shares is the most common way to become a Member of the company.


State whether the following statement is True or False:

Both, individuals and body corporate can be members of the company.


State whether the following statement is True or False:

Members of the company can attend general and Board meetings of the company.


Complete the sentence:

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


Complete the sentence:

Members have a right to appoint and remove the __________


Select the correct option form the bracket.

Group A Group B
Minor ___________

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.


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.

Insolvent person ceases to be the Member of the company.


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