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Find the odd one: Death or insolvency of member, Application and allotment of shares, surrender of shares. - Secretarial Practice

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Question

Complete the sentence:

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

Fill in the Blanks

Solution

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

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Members of a Company
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Chapter 5: Members of a company - Exercise Q.1 [Page 75]

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Balbharati Secretarial Practice [English] 11 Standard Maharashtra State Board
Chapter 5 Members of a company
Exercise Q.1 | Q 6.1 | Page 75

RELATED QUESTIONS

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:

____________ 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:
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:

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:

Limited Liability Partnership cannot be 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:

Members have a right to appoint and remove the __________


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.


Justify the following statement.

A Foreigner can invest in shares of an Indian company.


Justify the following statement.

Nominee of the member of OPC becomes its member of the death of the member.


Justify the following statement.

Members of company are entitled to several 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.


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