Student Centric

The liability of the members of the company can be limited by

• Share

• Guarantee

• Both a & b

• Neither a nor b

_________ are the company created by special act of the legislature

• Registered company

• Public Ltd Company

• Private ltd company

• a.Statutory company

The application for registration of a company should be presented to the registrar of the state in which the _______________ of the company is to be situated

• Manufacturing plant

• first branch

• business office

• any of the above.

A statement of nominal capital must be given at the time of incorporation by the company when the share capital is less than

• 50 Lakh

• 1 crore

• 10 Lakh

• 25 Lakh

The articles of association needs to be signed by

• all proposed directors

• registrar

• subscribers of memorandum

• none of the above

The shares of a _______________ company can be freely transferable

• Private ltd

• Public ltd

• Partnership

• all of the above

A Government Company means any company in which not less than 51% of the paid-up share capital is held by

• Central Government

• State government

• Both a & b

• Neither a nor b

_______________ capital means the sum mentioned in the capital clause of Memorandum of Association

• Full capital

• Maximum capital

• share capital

• Nominal Capital

Powers, rights, remuneration, qualification and duties of directors are discussed clearly in

• Memorandum of Association

• Articles of Association

• Prospectus

• none of the above

A company is known as the _______company of another company if it has control over that other company.

• subsidiary

• holding

• controlling

• statutory