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प्रश्न
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?
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उत्तर
- Mr. Ram, Mr. Sam and Mr. Tom can convert their partnership firm into a company. They can convert their partnership firm into a Private Company as it needs a minimum of 2 promoters/persons.
- Memorandum of Association and Articles of Association are the 2 most important documents needed to incorporate a company.
- Mr. Shah will not be considered as promoter of the company. This is because Mr. Shah Who is a practicing Company Secretary only assists the partners (promoters) in completing the legal formalities in a professional capacity.
APPEARS IN
संबंधित प्रश्न
Choose the correct option for the following
Minimum number of members to form a private company is
Multiple Choice Question:
A proposed name of the Company is considered undesirable if
True/False Answer Question:
'Articles of association' is the main document 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 company is __________.
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.
Term which means registering a company as per provisions of Companies Act, 2013
Write a word or a term or a phrase which can substitute the following statement.
The Birth Certificate of a company.
To form a Public company, there must be minimum 2 persons/promoters.
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.
DSC is needed by Directors when they have to sign documents for e-filing.
State whether the following statement is True or False.
ROC issues CIN only to certain companies.
Find the odd one.
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 |
|
RUN is used for |
_______ |
Answer in brief.
State the contents of Certificate of Incorporation
