1. For reducing its share capital it should give notice to whom?
a) Debtors
b) Creditors
c) Both (a) & (b)
d) None of the above
2. The doctrine of indoor management is an_________ to the doctrine of constructive notice
a) Exception
b) Extension
c) Alternative
d) None of the above
3. Companies are now allotted a_________ in addition to their name
a) PAN
b) SIN
c) PIN
d) CIN
4.In how many days did the company have its registered office after incorporation
a) 10
b) 20
c) 30
d) 40
5. In the MOA there are 6 clauses. We can alter all clauses expect one clause. What is that clause?
a) Objects clause
b) Name clause
c) Association clause
d) None of these
6. If any body wants to file a case against the company they should file at what place _____
a) Company
b) Registered Office
c) BOD
d) Books of accounts
7. Ultra vires loans granted by the company are
a) Void
b) Voidable
c) Valid
d) None of the above
8. conceives the idea of the business
a) Promoters
b) Directors
c) Auditors
d) None of the above
9. What are the limits of number of members in a Private Company?
a) Fifty
b) seven
c) Twenty
d) Two hundred
10.Which of the following is not a stage of the development of company?
a) Promotion
b) Production
c) Incorporation
d) Commencement of Business