English

Select the correct answer from the option given below and rewrite the sentence. _______is a primary document of the company which contains the aims and objectives of the company. - Secretarial Practice

Advertisements
Advertisements

Question

Select the correct answer from the option given below and rewrite the sentence.

_______is a primary document of the company which contains the aims and objectives of the company.

Options

  • Memorandum of Association

  • Articles of Association

  • Prospectus

MCQ
Fill in the Blanks
Advertisements

Solution

Memorandum of Association is a primary document of the company which contains the aims and objectives of the company.

shaalaa.com
Documents Related to Formation of a Company
  Is there an error in this question or solution?
Chapter 4: Documents related to formation of a company - Exercise Q.1 [Page 61]

APPEARS IN

Balbharati Secretarial Practice [English] 11 Standard Maharashtra State Board
Chapter 4 Documents related to formation of a company
Exercise Q.1 | Q 1.01 | Page 61

RELATED QUESTIONS

______ describes the relationship between company and outsiders.


Select the correct answer from the option given below and rewrite the sentence.

The ______ Clause describes the range of activities a company can undertake


Select the correct answer from the option given below and rewrite the sentence.

Any act done by the company beyond the powers of Memorandum is called as _______.


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

Primary document of a company which states aims and objectives of a company.


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

Document which contains rules and regulations for internal management.


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

Clause which describes the extent of liability of members.


State whether the following statement is True or False:

Any act done by the company beyond the powers of Memorandum is Ultra Vires.


State whether the following statement is True or False:

Prospectus can be issued by a private company.


State whether the following statement is True or False:

Actions can be taken against a company or its officers for misstatements in prospectus.


State whether the following statement is True or False:

Red Herring prospectus does not contain details of the price at which shares will be sold by the company.


Find the odd one.


Find the odd one.


Complete the sentence.

Any act done by the company which goes beyond the powers of Memorandum of Association will be calledas _________


Explain the following term/concept.

Name clause


Explain the following term/concept.

objective clause


Study the following case/situation and express your opinion:

A company stated in its prospectus that it has been making profits since the last 5 years. However, Mr. X. an investor found out that two years back the company had not made any profit. The prospectus was filed with the ROC on 1 st Jan 2017 and was issued to the public on 10th Feb 2018.

a) Can Mr. X state that there was a misstatement in the prospectus?

b) If found guilty which two types of liability will the company and its officers face?

c) Can the prospectus be valid for issue to the public on 10th Feb 2018?


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×