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Question
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. |
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Solution
| Group ‘A’ | Group ‘B’ |
| a) Minimum 7 members | Public company |
| b) DIN | Unique number is assigned to each Director. |
| c) Preliminary contracts | Contracts entered by Promoters with third parties. |
| d) Fiduciary duties towards the company. | Promoters |
| e) CIN | 21-digit alphanumeric code number. |
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__________is a document which invites the public to buy the shares of a company.
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Persons who undertake the necessary steps to set up a company.
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The Birth Certificate of a company.
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.
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.
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Complete the sentence.
Promoters are the persons who undertake the process of _______.
Complete the sentence.
The document issued by the Registrar of companies when a company is incorporated is called as _______.
Complete the sentence.
On incorporation of a company, the ROC allots a unique identity number called as ______.
Select the correct option form the given option:
|
Group A |
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|
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.
| 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. |
- State the date on which Sagar company limited came into existence legally.
- On which date will the company get its Corporate Identity Number?
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