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Question
Select the correct option form the bracket.
| Group A | Group B |
| Minor | ___________ |
Options
Partnership firm
Cannot become a member of a company
Can become member of a company
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Solution
| Group A | Group B |
| Minor | Cannot become a member of a company |
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RELATED QUESTIONS
Select the correct answer from the options given below and rewrite the statement:
A _______ cannot be a member of a company.
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____________ means a person ceases being a member of the company of membership.
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End of membership of a person.
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Book in which names of all members are entered.
Write a word or a term or a phrase which can substitute the following statement:
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The subscribers of this document are considered as Members 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:
In case of death or insolvency of a member, he will cease to be a __________
Complete the sentence:
Members have a right to appoint and remove the __________
Select the correct option form the bracket.
| Group A | Group B |
| ___________ | Can hold shares in the name of partners |
Explain the following Term/Concept.
Member
Justify the following statement.
A Foreigner can invest in shares of an Indian 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 company are entitled to several rights.
Justify the following statement.
Transfer of shares results in termination of membership.
