πŸ“Š Corporate Laws
Q. The power to order rectification of register of members vests in the ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
  • (A) Court
  • (B) Tribunal
  • (C) Central Government
  • (D) Board of directors
πŸ’¬ Discuss
βœ… Correct Answer: (B) Tribunal
πŸ“Š Corporate Laws
Q. The right given to a particular class of shareholders are called the ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
  • (A) Special rights
  • (B) General rights
  • (C) Class right
  • (D) None of the above
πŸ’¬ Discuss
βœ… Correct Answer: (C) Class right
πŸ“Š Corporate Laws
Q. ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ is a person who holds the shares for the benefit persons
  • (A) Trustee
  • (B) Member
  • (C) Shareholder
  • (D) Company
πŸ’¬ Discuss
βœ… Correct Answer: (A) Trustee
πŸ“Š Corporate Laws
Q. ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ is a person who has signed company’s memorandum of association
  • (A) Individual
  • (B) Corporate body
  • (C) Member
  • (D) Legal person
πŸ’¬ Discuss
βœ… Correct Answer: (C) Member
πŸ“Š Corporate Laws
Q. The association that are not registered under sec. II of the companies act is ‐‐‐‐‐‐‐‐‐‐‐‐‐
  • (A) Incorporated Association
  • (B) Illegal Association
  • (C) ]Non Licensed Association
  • (D) Unregistered Association
πŸ’¬ Discuss
βœ… Correct Answer: (B) Illegal Association
πŸ“Š Corporate Laws
Q. ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐Acts as the official signature of the company.
  • (A) Registration
  • (B) Special resolution
  • (C) Legal entity
  • (D) Common seal
πŸ’¬ Discuss
βœ… Correct Answer: (D) Common seal
πŸ“Š Corporate Laws
Q. ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ is a shorter version of the prospectus and contains all the salient features of a prospectus that forms a part of the memorandum.
  • (A) Deemed prospectus
  • (B) A bridged prospectus
  • (C) Red herring prospectus
  • (D) Shelf prospectus
πŸ’¬ Discuss
βœ… Correct Answer: (B) A bridged prospectus
πŸ“Š Corporate Laws
Q. Golden rule was laid down by ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
  • (A) KINDERSELY VC in new Brun Wick Co. V Marreride
  • (B) Edington V Fitzmaurice
  • (C) Treeman V Buckhcats
  • (D) Royal British Bank V Turquand
πŸ’¬ Discuss
βœ… Correct Answer: (A) KINDERSELY VC in new Brun Wick Co. V Marreride
πŸ“Š Corporate Laws
Q. The statement in lieu of prospectus is drafted in accordance with the particulars set in part I of the ‐‐ ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ the Act
  • (A) Schedule I
  • (B) Schedule IV
  • (C) Schedule III
  • (D) Schedule II
πŸ’¬ Discuss
βœ… Correct Answer: (D) Schedule II
πŸ“Š Corporate Laws
Q. A Public company May issue a prospectus called ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
  • (A) Red herring Prospectus
  • (B) Shelf prospectus
  • (C) A bridged prospectus
  • (D) Deemed prospectus
πŸ’¬ Discuss
βœ… Correct Answer: (A) Red herring Prospectus