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Select the correct option form the given option: Group A Group B CIN _______ - Secretarial Practice

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Question

Select the correct option form the given option:

Group A

Group B

CIN

_______

Options

  • Corporate Identity Number

  • Reserving name of a company

  • Formation of a company

  • Birth certificate of a company

MCQ
Fill in the Blanks

Solution

Group A

Group B

CIN

Corporate identify number
shaalaa.com
Formation of a Company
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Chapter 3: Formation of a company - Exercise Q.1 [Page 45]

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Balbharati Secretarial Practice [English] 11 Standard Maharashtra State Board
Chapter 3 Formation of a company
Exercise Q.1 | Q 7.3 | Page 45

RELATED QUESTIONS

True/False Answer Question:

Statement in lieu of prospectus can be filed by a public company going for a public issue.


Select the correct answer from the options given below and rewrite the statement:
A company is __________.


Select the correct answer from the options given below and rewrite the statement:
__________is a document which invites the public to buy the shares 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.

Promoters are persons who take the necessary steps to set up a company.


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.

Every Director has to quote his DIN while giving his consent to be a Director of a company.


State whether the following statement is True or False.

All companies need Certificate of Incorporation.


Complete the sentence.

Promoters are the persons who undertake the process of _______.


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

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.

  1. Can Mr. Ram, Mr. Sam, and Mr. Tom convert their partnership firm into a company?
  2. Name 2 most important documents needed to incorporate a company.
  3. Will Mr. Shah be considered as a Promoter of the Company? Why?

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.
  1. State the date on which Sagar company limited came into existence legally.
  2. On which date will the company get its Corporate Identity Number?
  3. How many minimum promoters are needed for incorporating a public company?

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