Categories: Education

Q.11. Legal position of a promoter of a company is _____

1. That of an agent
2. That of a Trustee
3. In a judiciary capacity
4. That of a solicitor

Answer: (C) In a judiciary capacity

Q.12. The procedure to write facts about resolution and its decision is called

1. Quorum
2. Notice
3. Minutes of narration
4. None of the above

Answer: (C) Minutes of narration

Q.13. In the event of company being wound up the Tribunal shall prepare list of contributories into _______

1. List A
2. List B
3. List A and B
4. List A or B

Answer: (C) List A and B

Q.14. See _____of the companies Act, 1956 states that a company means "a company formed and registered under this Act, or an existing company"

1. 3(2)(ii)
2. 3(1)(ii)
3. 3(3)(i)
4. 3(1)(i)

Answer: (D) 3(1)(i)

Q.15. A company is a ______ person

1. Distinct person
2. Group
3. Legal
4. Association

Answer: (C) Legal

Q.16. ____ company are those which are incorporated by a Royal Charter.

1. Chartered
2. Registered
3. Statutory
4. None of these.

Answer: (A) Chartered

Q.17. Public Company means a company which has a minimum paid up capital of Rs. ____

1. 2,00,000
2. 3,00,000
3. 5,00,000
4. 1,00,000

Answer: (C) 5,00,000

Q.18. The memorandum of Association is a _____ of the company.

1. Certificate
2. Schedule
3. Document
4. None of the above

Answer: (C) Document

Q.19. Which doctrine protects the out of the outsiders from the company?

1. The doctrine of Ultra virus
2. The doctrine of indoor management
3. Both A and B
4. None of the above

Answer: (B) The doctrine of indoor management

Q.20. A copy special resolution has to be filed with the register within _____ days

1. 90 days
2. 30 days
3. 60 days
4. 120 days.

Answer: (B) 30 days