English

Find the odd one: Death or insolvency of member, Application and allotment of shares, surrender of shares.

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Question

Complete the sentence:

A person whose name is entered in the Register of Members of a company is called __________

Fill in the Blanks
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Solution

A person whose name is entered in the Register of Members of a company is called Member.

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Members of a Company
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Chapter 5: Members of a company - Exercise Q.1 [Page 75]

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Balbharati Secretarial Practice [English] Standard 11 Maharashtra State Board
Chapter 5 Members of a company
Exercise Q.1 | Q 6.1 | Page 75

RELATED QUESTIONS

Select the correct answer from the options given below and rewrite the statement:

A person can be called as a Member when the name is entered in ________


Match the pairs:

Group ‘A’ Group ‘B’
a) Insane person 1) Transfer of shares by operation of law
b) Foreigner 2) Cannot be a member
c) Transmission of shares 3) Cessation of membership
d) Surrender of shares 4) To get copies of Auditor’s, Directors’ Report, etc.
e) Right of Members 5) Can be a Member
  6) To attend a board meeting
  7) Duties of member
  8) Surrendering all assets to the company
  9) Demand or claim money from the company
  10) Transfer of shares by order of Secretary

Write a word or a term or a phrase which can substitute the following statement:
End of membership of a person.


Write a word or a term or a phrase which can substitute the following statement:
A person whose name is entered in Register of Members.


Write a word or a term or a phrase which can substitute the following statement:
Becoming a member of a company.


Write a word or a term or a phrase which can substitute the following statement:
The subscribers of this document are considered as Members of the company.


State whether the following statement is True or False:

Minor can be the member of the company


State whether the following statement is True or False:

Member of the company is conferred with several rights.


State whether the following statement is True or False:

Member is entitled to profits of the company when a dividend is declared.


Find the odd one:


Select the correct option form the bracket.

Group A Group B
Minor ___________

Select the correct option form the bracket.

Group A Group B
Co-operative ___________

Correct the underlined word and rewrite the following sentence:

Partnership Firm can be a member of a company.


Justify the following statement.

Nominee of the member of OPC becomes its member of the death of the member.


Justify the following statement.

Members of company are entitled to several rights.


Answer the following question:

Explain the circumstances when Member is not a shareholder and vice-versa.


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