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Sagar company limited got its Certificate of Incorporation on 1st Sept. 2018. The application for Incorporation was submitted on 16th Aug. 2018. There were 10 promoters who took

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प्रश्न

Study the following case/situation and express your opinion.

Sagar company limited got its Certificate of Incorporation on 1st Sept. 2018. The application for Incorporation was submitted on 16th Aug. 2018. There were 10 promoters who took the steps to incorporate the company.
  1. State the date on which Sagar company limited came into existence legally.
  2. On which date will the company get its Corporate Identity Number?
  3. How many minimum promoters are needed for incorporating a public company?
टिप्पणी लिखिए
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उत्तर

  1. Sagar Company Limited is legally established on September 1st, 2018.
  2. Sagar Company Limited will receive its Corporate Identity Number on September 1st, 2018. (CIN).
  3. A minimum of seven promoters are required to form a public company.
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Formation of a Company
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 3: Formation of a company - Exercise Q.3 [पृष्ठ ४६]

APPEARS IN

बालभारती Secretarial Practice [English] Standard 11 Maharashtra State Board
अध्याय 3 Formation of a company
Exercise Q.3 | Q 3 | पृष्ठ ४६

संबंधित प्रश्न

Multiple Choice Question:

A proposed name of the Company is considered undesirable if


True/False Answer Question:

If a company suffers heavy issues and its assets are not enough to pay off its liabilities, the balance can be recovered from the private assets of its members.


Select the correct answer from the options given below and rewrite the statement:
___________ are the persons who undertake the process of formation of a company.


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 


Write a word or a term or a phrase which can substitute the following statement.

Term which refers to contracts entered into by Promoters with third parties on behalf of the proposed company;


State whether the following statement is True or False.

A company is an artificial person.


State whether the following statement is True or False.

A company can be registered even without submitting Memorandum of Association and Articles of Association.


State whether the following statement is True or False.

All companies need Certificate of Incorporation.


State whether the following statement is True or False.

All companies need Certificate of Commencement of business.


Complete the sentence.

Promoters are the persons who undertake the process of _______.


Complete the sentence.

The document issued by the Registrar of companies when a company is incorporated is called as _______.


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

_______

Select the correct option form the given option:

Group A

Group B

RUN is used for

_______

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.

  1. Can Mr. Ram, Mr. Sam, and Mr. Tom convert their partnership firm into a company?
  2. Name 2 most important documents needed to incorporate a company.
  3. Will Mr. Shah be considered as a Promoter of the Company? Why?

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.


Answer in brief.

State the contents of Certificate of Incorporation


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