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Find the odd one. CIN, DIN, PAN

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Question

Find the odd one.

Options

  • CIN

  • DIN

  • PAN

MCQ
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Solution

PAN

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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] Standard 11 Maharashtra State Board
Chapter 3 Formation of a company
Exercise Q.1 | Q 5.1 | Page 45

RELATED QUESTIONS

Multiple Choice Question:

A proposed name of the Company is considered undesirable if


Discuss the stages of 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:
A director must have a ________ to be appointed as a director 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.


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


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

The Birth Certificate of a 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.

Promoters are persons who take the necessary steps to set up a company.


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.

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 Commencement of business.


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

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Select the correct option form the given option:

Group A

Group B

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Certificate of incorporation


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

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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.

  1. Can Mr. Ram, Mr. Sam, and Mr. Tom convert their partnership firm into a company?
  2. Name 2 most important documents needed to incorporate a company.
  3. Will Mr. Shah be considered as a Promoter of the Company? Why?

Study the following case/situation and express your opinion.

Sagar company limited got its Certificate of Incorporation on 1st Sept. 2018. The application for Incorporation was submitted on 16th Aug. 2018. There were 10 promoters who took the steps to incorporate the company.
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  2. On which date will the company get its Corporate Identity Number?
  3. How many minimum promoters are needed for incorporating a public company?

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