मराठी

State whether the following statement is True or False: Legal competency to enter into contracts is one of the criteria to become member of the company.

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प्रश्न

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.

पर्याय

  • True

  • False

MCQ
चूक किंवा बरोबर
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उत्तर

True

shaalaa.com
Members of a Company
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 5: Members of a company - Exercise Q.1 [पृष्ठ ७४]

APPEARS IN

बालभारती Secretarial Practice [English] Standard 11 Maharashtra State Board
पाठ 5 Members of a company
Exercise Q.1 | Q 4.03 | पृष्ठ ७४

संबंधित प्रश्‍न

Select the correct answer from the options given below and rewrite the statement:

A person can be called as a Member when the name is entered in ________


Select the correct answer from the options given below and rewrite the statement:

A _______ cannot be a member of a company.


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 _________.


Select the correct answer from the options given below and rewrite the statement:

____________ means a person ceases being a member of the company of membership.


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

State whether the following statement is True or False:

Buying shares is the most common way to become a Member of the company.


State whether the following statement is True or False:

Member of the company is conferred with several rights.


State whether the following statement is True or False:

Member is entitled to profits of the company when a dividend is declared.


Find the odd one:


Complete the sentence:

A person whose name is entered in the Register of Members of a company is called __________


Complete the sentence:

In case of death or insolvency of a member, he will cease to be a __________


Answer in one sentence:
Which individuals cannot become a member of a company?


Answer in one sentence:
What is the common way of becoming a member of a company?


Justify the following statement.

Member and Shareholder are interchangeable terms.


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 the company have some fundamental corporate decision-making rights.


Justify the following statement.

Transfer of shares results in termination of membership.


Answer the following question:

Explain the circumstances when Member is not a shareholder and vice-versa.


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