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प्रश्न
To form a Public company, there must be minimum 2 persons/promoters.
A Public Limited Company should have a minimum number of two members. State True or False with reasons.
विकल्प
True
False
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उत्तर
The given statement is False.
Reasons:
A Public Limited Company must have a minimum of seven members, not two.
This is clearly stated under the Companies Act, 2013, which defines that: “A public company must have a minimum of 7 members and can have unlimited maximum members.”
Having only two members applies to a Private Limited Company, not a public one.
संबंधित प्रश्न
Choose the correct option for the following
Minimum number of members to form a public company is
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:
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.
Name the stages in 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:
___________ 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.
Persons who undertake the necessary steps to set up a 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.
ROC issues CIN only to certain companies.
Find the odd one.
Find the odd one.
Complete the sentence.
The document issued by the Registrar of companies when a company is incorporated is called as _______.
Complete the sentence.
On incorporation of a company, the ROC allots a unique identity number called as ______.
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 |
|
CIN |
_______ |
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?
