πŸ“Š Corporate Laws
Q. ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ of schedule I of the companies Act, which gives the specimen of memorandum of a company limited by shares
  • (A) Table B
  • (B) Table A
  • (C) Table D
  • (D) Table E
πŸ’¬ Discuss
βœ… Correct Answer: (A) Table B
πŸ“Š Corporate Laws
Q. ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ is the construction of a company
  • (A) Promotion
  • (B) Certificate of incorporation
  • (C) Memorandum
  • (D) Documents
πŸ’¬ Discuss
βœ… Correct Answer: (C) Memorandum
πŸ“Š Corporate Laws
Q. If the company’s Act go beyond the provisions of the Memorandum, its act will be ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
  • (A) Constructive notice
  • (B) Circular
  • (C) Ultra virus
  • (D) None of the above
πŸ’¬ Discuss
βœ… Correct Answer: (C) Ultra virus
πŸ“Š Corporate Laws
Q. The other name of indoor management is called ‐‐‐‐‐‐‐‐‐‐‐‐‐‐
  • (A) Golden rule
  • (B) Constructive notice
  • (C) Indoor rule
  • (D) Tarquand rule
πŸ’¬ Discuss
βœ… Correct Answer: (D) Tarquand rule
πŸ“Š Corporate Laws
Q. ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ is issued by any financial constitution or bank for on e or more of issues of securities or class of securities specified in the prospectus.
  • (A) A bridged prospectus
  • (B) Shelf Prospectus
  • (C) Deemed Prospectus
  • (D) Red Herring Prospectus
πŸ’¬ Discuss
βœ… Correct Answer: (B) Shelf Prospectus
πŸ“Š Corporate Laws
Q. When one company controls the management of another company, the format is called a ‐‐‐‐‐‐‐‐‐‐‐‐‐‐ ‐‐‐‐‐‐‐ company
  • (A) Existing
  • (B) Holding
  • (C) Subsidiary
  • (D) Licensed
πŸ’¬ Discuss
βœ… Correct Answer: (C) Subsidiary
πŸ“Š Corporate Laws
Q. A company is said to be incorporated when it is registered with registrar of the ‐‐‐‐‐‐‐‐‐‐‐‐ company
  • (A) Licensing
  • (B) Government
  • (C) Existing
  • (D) Joint stock
πŸ’¬ Discuss
βœ… Correct Answer: (D) Joint stock
πŸ“Š Corporate Laws
Q. The idea of carrying on a business is conceived by a person by a group of persons called ‐‐‐‐‐‐‐‐‐‐
  • (A) Exploits
  • (B) Promoters
  • (C) Directors
  • (D) None of these
πŸ’¬ Discuss
βœ… Correct Answer: (B) Promoters
πŸ“Š Corporate Laws
Q. ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ is the first stage in the formation of a company
  • (A) Promotion
  • (B) Raising of Capital
  • (C) Incorporation
  • (D) Commencement of business
πŸ’¬ Discuss
βœ… Correct Answer: (A) Promotion
πŸ“Š Corporate Laws
Q. Holding company is defined in section ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ of the companies Act.
  • (A) 4(4)
  • (B) 2(2)
  • (C) 3(4)
  • (D) 3(1)
πŸ’¬ Discuss
βœ… Correct Answer: (A) 4(4)