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प्रश्न
Study the following case/situation and express your opinion.
Mr. Ram, Mr. Sam, and Mr. Tom who are partners have come together to convert their business into a company. They have finalized all the details about the business they want to do, capital needed, etc. However, they do not know how to proceed with the legal formalities. Hence they appoint Mr. Shah who is a Practicing Company Secretary to help them prepare documents needed for incorporating the proposed company.
- Can Mr. Ram, Mr. Sam, and Mr. Tom convert their partnership firm into a company?
- Name 2 most important documents needed to incorporate a company.
- Will Mr. Shah be considered as a Promoter of the Company? Why?
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उत्तर
- Mr. Ram, Mr. Sam and Mr. Tom can convert their partnership firm into a company. They can convert their partnership firm into a Private Company as it needs a minimum of 2 promoters/persons.
- Memorandum of Association and Articles of Association are the 2 most important documents needed to incorporate a company.
- Mr. Shah will not be considered as promoter of the company. This is because Mr. Shah Who is a practicing Company Secretary only assists the partners (promoters) in completing the legal formalities in a professional capacity.
APPEARS IN
संबंधित प्रश्न
Choose the correct option for the following
Minimum number of members to form a private company is
Multiple Choice Question:
A proposed name of the Company is considered undesirable if
Multiple Choice Question:
A prospectus is issued by
True/False Answer Question:
'Articles of association' is the main document of a company.
True/False Answer Question:
Every company must file Articles of Association
Select the correct answer from the options given below and rewrite the statement:
A director must have a ________ to be appointed as a director of a company
Select the correct answer from the options given below and rewrite the statement:
__________is a document which invites the public to buy the shares of a company.
To form a Public company, there must be minimum 2 persons/promoters.
State whether the following statement is True or False.
Promoters are persons who take the necessary steps to set up a company.
State whether the following statement is True or False.
Promoters can make secret profits while setting up a company.
State whether the following statement is True or False.
In India, companies have to be incorporated as per the provisions of Companies Act, 2013.
State whether the following statement is True or False.
DSC is needed by Directors when they have to sign documents for e-filing.
State whether the following statement is True or False.
ROC issues CIN only to certain companies.
Find the odd one.
Complete the sentence.
Promoters are the persons who undertake the process of _______.
On behalf of a proposed company, preliminary contracts with third parties are entered by ______.
Select the correct option form the given option:
|
Group A |
Group B |
|
Promoters |
________ |
Select the correct option form the given option:
|
Group A |
Group B |
|
___________ |
Certificate of incorporation |
Select the correct option form the given option:
|
Group A |
Group B |
|
CIN |
_______ |
Study the following case/situation and express your opinion.
Mr. Talong with his 5 friends have submitted all the necessary documents for incorporation of TRIM private limited company.
a) How many minimum promoters are needed to incorporate a private company?
b) When can TRIM Private limited company be said to have come into existence.
c) Name the two most important documents that must be submitted at the time of the Incorporation of a company.
