Q. _________ are subordinate to and controlled by the memorandum.
✅ Correct Answer: (A)
Articles of Association
Management information system MCQs and Notes
Q. The Board of Directors delegate the power to ____
✅ Correct Answer: (D)
Make loans
Q. The person or group of person who being a company into existence are called __________
✅ Correct Answer: (C)
Promoters
Q. Sec ______________ of the companies Act states that, a public company making an issue of securities shall circulate information memorandum to the public before filling of a prospectus.
✅ Correct Answer: (A)
60 (B)
Q. Sec ___________ of the companies Act deals with the meaning and provisions related to the shelf prospectus.
✅ Correct Answer: (D)
60
Q. Which Doctrine seeks to protect the company from the outsiders?
✅ Correct Answer: (C)
The Doctrine of constructive notice
Q. Which doctrine protects the out of the outsiders from the company?
✅ Correct Answer: (B)
The Doctrine of indoor management
Q. Doctrine of Ultra vires has reference to __________clause
✅ Correct Answer: (A)
Object
Q. The articles of Association and the memorandum of Association are drafted by __________
✅ Correct Answer: (C)
Secretary
Q. Corporate veil ensures ________ to the company.
✅ Correct Answer: (B)
Legal Immunity