हिंदी

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

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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

MCQ
सत्य या असत्य
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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.

shaalaa.com
Formation of a Company
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 3: Formation of a company - Exercise Q.1 [पृष्ठ ४५]

APPEARS IN

बालभारती Secretarial Practice [English] 11 Standard Maharashtra State Board
अध्याय 3 Formation of a company
Exercise Q.1 | Q 4.02 | पृष्ठ ४५
गोयल ब्रदर्स प्रकाशन Business Studies [English] Class 12 ISC
अध्याय 17 Various Business Entities
EXERCISES | Q II. 6. | पृष्ठ २५६

संबंधित प्रश्न

True/False Answer Question:

Every company must file Articles of Association


Name the stages in the formation of a company.


Discuss the stages of the 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 


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.

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.

Every Director has to quote his DIN while giving his consent to be a Director of a company.


State whether the following statement is True or False.

ROC issues CIN only to certain companies.


State whether the following statement is True or False.

All companies need Certificate of Incorporation.


Find the odd one.


Complete the sentence.

Promoters are the persons who undertake the process of _______.


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. 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.


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?

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