मराठी

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

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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.

पर्याय

  • True

  • False

MCQ
चूक किंवा बरोबर
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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
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 3: Formation of a company - Exercise Q.1 [पृष्ठ ४५]

APPEARS IN

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

संबंधित प्रश्‍न

Multiple Choice Question:

A proposed name of the Company is considered undesirable if


Multiple Choice Question:

A prospectus is issued by


True/False Answer Question:

Every company must file Articles of Association


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.


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


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.


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

Promoters

________


Select the correct option form the given option:

Group A

Group B

CIN

_______

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.


Answer in brief.

State the contents of Certificate of Incorporation


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