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Question
Select the correct option from the given options:
| Group A | Group B |
| ___________ | Memorandum of association. |
Options
Articles of Association
Red Herring Prospectus
Primary document
details of liability of members
Advertisements
Solution
| Group A | Group B |
| Primary documents | Memorandum of association. |
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RELATED QUESTIONS
Select the correct answer from the option given below and rewrite the sentence.
The ______ Clause describes the range of activities a company can undertake
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_________ clause contains the details of liability of the members.
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Primary document of a company which states aims and objectives of a company.
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Memorandum of Association and Articles of Association is prepared at the time of incorporation of a company.
State whether the following statement is True or False:
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Every company has to issue shelf prospectus every time it offers shares to the public.
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The documents which state the aims and objectives of a company is called as_________
Complete the sentence.
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The document which is subordinate to the Memorandum of Association is called _________
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Explain the following term/concept.
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Study the following case/situation and express your opinion:
The object clause of Memorandum of a company stated the main object as the manufacturing of plastic chairs and tables and any other activity in furtherance of achievement of its main activity. The Board of Directors wants to now also produce TV. Serials and feels that the shareholders may give their permission.
a) Can the company with immediate effect start producing TV? Serials? Why?
b) How can the object clause of the company be altered?
Study the following case/situation and express your opinion:
A public limited company has issued all the shares mentioned in its Memorandum as Authorized Capital. Now the Company wants to make a public issue of 10,000 shares at face value of Rs 100 per share, to raise more funds for its expansion activities :
(a) Which clause of Memorandum needs to be altered?
(b) In which meeting the alteration can be approved?
(c) Which document should the company issue to invite the public to buy its shares?
