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प्रश्न
Select the correct option form the bracket.
| Group A | Group B |
| Minor | ___________ |
विकल्प
Partnership firm
Cannot become a member of a company
Can become member of a company
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उत्तर
| Group A | Group B |
| Minor | Cannot become a member of a company |
APPEARS IN
संबंधित प्रश्न
Select the correct answer from the options given below and rewrite the statement:
When a person buys shares of a company by filling up an application form, the person becomes a member by _________.
Match the pairs:
| Group ‘A’ | Group ‘B’ |
| a) Insane person | 1) Transfer of shares by operation of law |
| b) Foreigner | 2) Cannot be a member |
| c) Transmission of shares | 3) Cessation of membership |
| d) Surrender of shares | 4) To get copies of Auditor’s, Directors’ Report, etc. |
| e) Right of Members | 5) Can be a Member |
| 6) To attend a board meeting | |
| 7) Duties of member | |
| 8) Surrendering all assets to the company | |
| 9) Demand or claim money from the company | |
| 10) Transfer of shares by order of Secretary |
Write a word or a term or a phrase which can substitute the following statement:
End of membership of a person.
Write a word or a term or a phrase which can substitute the following statement:
A person whose name is entered in Register of Members.
Write a word or a term or a phrase which can substitute the following statement:
The subscribers of this document are considered as Members of the company.
State whether the following statement is True or False:
Legal competency to enter into contracts is one of the criteria to become a member of the company.
State whether the following statement is True or False:
Members of the company can attend general and Board meetings of the company.
State whether the following statement is True or False:
Member is entitled to profits of the company when a dividend is declared.
Complete the sentence:
In case of death or insolvency of a member, he will cease to be a __________
Correct the underlined word and rewrite the following sentence:
A Minor can be a member of a company.
Correct the underlined word and rewrite the following sentence:
Partnership Firm can be a member of a company.
Explain the following Term/Concept.
Transmission of Shares
Justify the following statement.
Member and Shareholder are interchangeable terms.
Justify the following statement.
A Foreigner can invest in shares of an Indian company.
Justify the following statement.
Subscribers to Memorandum of Association are the first members of the company.
Justify the following statement.
Nominee of the member of OPC becomes its member of the death of the member.
Justify the following statement.
Members of company are entitled to several rights.
Answer the following question:
Explain the circumstances when Member is not a shareholder and vice-versa.
