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Question
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.
Solution
a) Minimum 2 promoters are needed to incorporate a private company.
b) As soon as Registrar of Companies (ROC) issues a certificate of incorporation to TRIM private Limited company, it is said to have come into existence.
c) The two important documents viz. Memorandum of Association and Articles of Association must be submitted to the Registrar of Companies (ROC) at the time of incorporation of a company.
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True/False Answer Question:
If a company suffers heavy issues and its assets are not enough to pay off its liabilities, the balance can be recovered from the private assets of its members.
Name the stages in the formation of a company.
Write a word or a term or a phrase which can substitute the following statement.
Term which means registering a company as per provisions of Companies Act, 2013
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.
To form a Public company, there must be minimum 2 persons/promoters.
State whether the following statement is True or False.
In India, companies have to be incorporated as per the provisions of Companies Act, 2013.
State whether the following statement is True or False.
DSC is needed by Directors when they have to sign documents for e-filing.
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 Incorporation.
Complete the sentence.
The document issued by the Registrar of companies when a company is incorporated is called as _______.
Complete the sentence.
On behalf of a proposed company, preliminary contracts with third parties are entered by _______.
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.
| Sagar company limited got its Certificate of Incorporation on 1st Sept. 2018. The application for Incorporation was submitted on 16th Aug. 2018. There were 10 promoters who took the steps to incorporate the company. |
- State the date on which Sagar company limited came into existence legally.
- On which date will the company get its Corporate Identity Number?
- How many minimum promoters are needed for incorporating a public company?
Answer in brief.
State the contents of Certificate of Incorporation
