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Question
On behalf of a proposed company, preliminary contracts with third parties are entered by ______.
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Solution
On behalf of a proposed company, preliminary contracts with third parties are entered by promoters.
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____________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.
Persons who undertake the necessary steps to set up a company.
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.
A company can be registered even without submitting Memorandum of Association and Articles of Association.
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.
Find the odd one.
Find the odd one.
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 |
Group B |
|
Promoters |
________ |
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?
- How many minimum promoters are needed for incorporating a public company?
Answer in brief.
State the contents of Certificate of Incorporation
