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प्रश्न
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 _________.
पर्याय
Application and allotment of shares
Subscribing to Memorandum
transmission of Shares
उत्तर
When a person buys shares of a company by filling up an application form, the person becomes a member by Application and allotment of shares.
APPEARS IN
संबंधित प्रश्न
Select the correct answer from the options given below and rewrite the statement:
A person can be called as a Member when the name is entered in ________
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:
Book in which names of all members are entered.
Write a word or a term or a phrase which can substitute the following statement:
The subscribers of this document are considered as Members of the 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:
Minor can be the member of the company
State whether the following statement is True or False:
Karta of HUF can be a member of the company.
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 __________
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:
Partnership Firm can be a member of a company.
Explain the following Term/Concept.
Member
Explain the following Term/Concept.
Transmission of Shares
Justify the following statement.
Members of company are entitled to several rights.
Justify the following statement.
Members of the company have some fundamental corporate decision-making rights.
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.