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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

Choose the correct option for the following
Minimum number of members to form a private company is


Choose the correct option for the following
Minimum number of members to form a public 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


Discuss the stages of the formation of a company.


Select the correct answer from the options given below and rewrite the statement:
A company is __________.


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:
____________has a 21 digit alpha numeric code which is unique number assigned to every company at the time of incorporation.


Match the pairs.

Group ‘A’ Group ‘B’
a) Minimum 7 members 1. Persons who conceive the idea of setting up a company.
b) DIN 2. Public company
c) Preliminary contracts 3. Promoters
d) Fiduciary duties towards the company. 4. Eight Digit alphanumeric number.
e) CIN 5. Private company
  6. Unique number assigned to each Director.
  7. ROC.
  8. A 21 digit alphanumeric code number.
  9. One-Person Company
  10. Contracts entered by Promoters with third parties.

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

Persons who undertake the necessary steps to set up a company.


To form a Public company, there must be minimum 2 persons/promoters.


State whether the following statement is True or False.

All companies need Certificate of Commencement of business.


Find the odd one.


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


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?

Answer in brief.

State the contents of Certificate of Incorporation


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