Company Law Questions and Answers Part-9

1. which of the following company/companies are registered by the Companies Act, 2013?
a) Government Company
b) private Company
c) pubic Company
d) All of the above

Answer: d

2. A subsidiary of a government company is also treated as a
a) Government Company
b) private Companyt
c) Public Company
d) All of the above

Answer: a

3.The_____________ of a government company is appointed or reappointed by the Comptroller and Auditor General of India.
a) Auditor
b) Company Secretary
c) Both (a) and
d) None of the above

Answer: a

4. Which of the following company is incorporated in a country outside India?
a) Private Company
b) Foreign Companies
c) Government Company
d) None of the above

Answer: b

5. Which of the following statement is false?
a) No legal formality is required to form a company.
b) The shareholders of a company have limited liability
c) A company can own property in its own name
d) A company is managed by the elected representatives of shareholders

Answer: a

6.A is one who performs the preliminary duties necessary to bring a company into being and float it.
a) Auditor
b) Promoter
c) Director
d) Financer

Answer: b

7.The registered office clause of memorandum of association contains
a) The name of the state in which the registered office of the company is to be situated.
b) The name of the city/town only and not that of the state.
c) The name of registrar of companies
d) The complete postal address.

Answer: a

8. One who undertakes to form a company with reference to a given object and set it going and who takes the necessary steps to accomplish that purpose
a) Promoter
b) Directors
c) C.E.O.
d) Board of Directors

Answer: a

9. Which of the following are the functions of a promoter?
a) Decides name of a company
b) Nomination of directors
c) Settles the details of memorandum and articles
d) All of these

Answer: d

10. Which documents contains the constitution of a company?
a) Memorandum of Association
b) Articles of Association
c) Both (a) and (b)
d) None of these

Answer: a