English

Select the correct answer from the options given below and rewrite the statement: ________ is a person whose name is entered in the Register of Members.

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Question

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

________ is a person whose name is entered in the Register of Members.

Options

  • Member

  • Creditors

  • Registrar

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Solution

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

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Members of a Company
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Chapter 5: Members of a company - Exercise Q.1 [Page 73]

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Balbharati Secretarial Practice [English] Standard 11 Maharashtra State Board
Chapter 5 Members of a company
Exercise Q.1 | Q 1.1 | Page 73

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 ________


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

A member has the right to participate in General Meetings means, he has a right to ________


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:
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.


State whether the following statement is True or False:

Legal competency to enter into contracts is one of the criteria to become a member of the company.


State whether the following statement is True or False:

Members of the company can attend general and Board meetings 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:


Complete the sentence:

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


Complete the sentence:

Members have a right to appoint and remove the __________


Answer in one sentence:
Which individuals cannot become a member of a company?


Correct the underlined word and rewrite the following sentence:

Partnership Firm can be a member of a company.


Justify the following statement.

Member and Shareholder are interchangeable terms.


Justify the following statement.

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


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