English

Complete the sentence. Promoters are the persons who undertake the process of _______.

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Question

Complete the sentence.

Promoters are the persons who undertake the process of _______.

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Solution

Promoters are the persons who undertake the process of the Formation of a company.

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Formation of a Company
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Chapter 3: Formation of a company - Exercise Q.1 [Page 45]

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Balbharati Secretarial Practice [English] 11 Standard Maharashtra State Board
Chapter 3 Formation of a company
Exercise Q.1 | Q 6.1 | Page 45

RELATED QUESTIONS

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


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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


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.


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;


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.

Every Director has to quote his DIN while giving his consent to be a Director of a company.


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.


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

_______

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. 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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