मराठी

True/False Answer Question: If a company suffers heavy issues and its assets are not enough to pay off its liabilities, the balance can be recovered from the private assets of its members.

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प्रश्न

True/False Answer Question:

If a company suffers heavy issues and its assets are not enough to pay off its liabilities, the balance can be recovered from the private assets of its members.

पर्याय

  • True

  • False

MCQ
चूक किंवा बरोबर
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उत्तर

The statement is FALSE.

In view of the limited liability of the members and shareholders of a company, they are not liable to pay any amount from their private assets if the company suffers any loss or is liquidated.

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Formation of a Company
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 7: Formation of a Company - True or False [पृष्ठ १८०]

APPEARS IN

एनसीईआरटी Business Studies [English] Class 11
पाठ 7 Formation of a Company
True or False | Q 9 | पृष्ठ १८०

संबंधित प्रश्‍न

Choose the correct option for the following
Minimum number of members to form a private company is


Choose the correct option for the following
Minimum number of members to form a public company is


True/False Answer Question:

'Articles of association' is the main document of a company.


Name the stages in the formation of a company.


Select the correct answer from the options given below and rewrite the statement:
____________has a 21 digit alpha numeric code which is unique number assigned to every company at the time of incorporation.


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

Persons who undertake the necessary steps to set up a company.


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

Term which refers to contracts entered into by Promoters with third parties on behalf of the proposed company;


State whether the following statement is True or False.

A company is an artificial person.


State whether the following statement is True or False.

In India, companies have to be incorporated as per the provisions of Companies Act, 2013.


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.

All companies need Certificate of Incorporation.


State whether the following statement is True or False.

All companies need Certificate of Commencement of business.


Complete the sentence.

The document issued by the Registrar of companies when a company is incorporated is 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.


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