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Write a word or a term or a phrase which can substitute the following statement: Clause which describes the extent of liability of members. - Secretarial Practice

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प्रश्न

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

Clause which describes the extent of liability of members.

एक शब्द/वाक्यांश उत्तर
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उत्तर

Liability clauses

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Documents Related to Formation of a Company
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 4: Documents related to formation of a company - Exercise Q.1 [पृष्ठ ६२]

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बालभारती Secretarial Practice [English] 11 Standard Maharashtra State Board
अध्याय 4 Documents related to formation of a company
Exercise Q.1 | Q 3.1 | पृष्ठ ६२

संबंधित प्रश्न

Select the correct answer from the option given below and rewrite the sentence.

_________ clause contains the details of liability of the members.


Select the correct answer from the option given below and rewrite the sentence.

_________ contains rules and regulations for internal management of the company


Match the pairs:

Group ‘A’ Group ‘B’
a) Capital clause 1. Details of capital structure of a company
b) Liability clause 2. Used for multiple issue of shares
c) Acts beyond the powers of Memorandum 3. Abridged Prospectus 
d) Red Herring Prospectus 4. Describes main objectives
e) Shelf Prospectus 5. Used for Rights Issue
  6. Incomplete Prospectus
  7. Ultra Vires
  8. Doctrine of Indoor management
  9. Extent of liability of members
  10. Articles of Association

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

Document which contains, Name Clause, Registered Office Clause, Capital Clause, etc.


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

Document which establishes company’s relationship with outsiders.


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

Term used for acts beyond the scope of Memorandum of Association.


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

Clause which describes the main activities a company can undertake.


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

Last clause of Memorandum which contains name, signature, and other details of all the subscribers to the Memorandum.


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

Document which establishes relationship between a company and its members.


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

It is an incomplete prospectus.


State whether the following statement is True or False:

Memorandum of Association and Articles of Association is prepared at the time of incorporation of a company.


State whether the following statement is True or False:

Prospectus can be issued by a private company.


Find the odd one.


Complete the sentence.

The documents which state the aims and objectives of a company is called as_________


Complete the sentence.

Any act done by the company which goes beyond the powers of Memorandum of Association will be calledas _________


Complete the sentence.

The document which contains the rules and regulations governing the internal management of a company is called _________


Arrange in proper order.

a) Subscription clause.
b) Name clause.
c) Object clause.


Study the following case/situation and express your opinion:

The object clause of Memorandum of a company stated the main object as the manufacturing of plastic chairs and tables and any other activity in furtherance of achievement of its main activity. The Board of Directors wants to now also produce TV. Serials and feels that the shareholders may give their permission.

a) Can the company with immediate effect start producing TV? Serials? Why?

b) How can the object clause of the company be altered?


Study the following case/situation and express your opinion:

 A public limited company has issued all the shares mentioned in its Memorandum as Authorized Capital. Now the Company wants to make a public issue of 10,000 shares at face value of Rs 100 per share, to raise more funds for its expansion activities :
(a) Which clause of Memorandum needs to be altered?
(b) In which meeting the alteration can be approved?
(c) Which document should the company issue to invite the public to buy its shares?


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