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Question
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 ________
Options
Register of charges
Register of Members
List of Members
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Solution
A person can be called as a Member when the name is entered in Register of Members.
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RELATED QUESTIONS
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.
Select the correct answer from the options given below and rewrite the statement:
When a person buys shares of a company by filling up an application form, the person becomes a member by _________.
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 |
State whether the following statement is True or False:
Buying shares is the most common way 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.
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 __________
Justify the following statement.
Member and Shareholder are interchangeable terms.
Justify the following statement.
A Foreigner can invest in shares of an Indian company.
Justify the following statement.
Insolvent person ceases to be the Member of the 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 the company have some fundamental corporate decision-making rights.
Justify the following statement.
Transfer of shares results in termination of membership.
