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Question
Select the correct answer from the options given below and rewrite the statement:
A director must have a ________ to be appointed as a director of a company
Options
PAN
DIN
CIN
Solution
A director must have a DIN to be appointed as a director of a company
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True/False Answer Question:
Statement in lieu of prospectus can be filed by a public company going for a public issue.
Name the stages in the formation of a company.
Select the correct answer from the options given below and rewrite the statement:
___________ are the persons who undertake the process of formation of a company.
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.
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.
Promoters are persons who take the necessary steps to set up a company.
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.
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.
Find the odd one.
Find the odd one.
Complete the sentence.
The document issued by the Registrar of companies when a company is incorporated is called as _______.
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 |
|
RUN is used for |
_______ |
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.
