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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
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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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संबंधित प्रश्न
Choose the correct option for the following
Minimum number of members to form a private company is
Multiple Choice Question:
A prospectus is issued by
True/False Answer Question:
Statement in lieu of prospectus can be filed by a public company going for a public issue.
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:
___________ are the persons who undertake the process of formation of a company.
Select the correct answer from the options given below and rewrite the statement:
__________is a document which invites the public to buy the shares of a company.
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.
Persons who undertake the necessary steps to set up a company.
State whether the following statement is True or False.
A company is an artificial person.
To form a Public company, there must be minimum 2 persons/promoters.
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.
All companies need Certificate of Incorporation.
State whether the following statement is True or False.
All companies need Certificate of Commencement of business.
Find the odd one.
Find the odd one.
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 |
|
RUN is used for |
_______ |
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?
