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State whether the following statement is True or False. DSC is needed by Directors when they have to sign documents for e-filing.

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Question

State whether the following statement is True or False.

DSC is needed by Directors when they have to sign documents for e-filing.

Options

  • True

  • False

MCQ
True or False
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Solution

True

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Formation of a Company
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Chapter 3: Formation of a company - Exercise Q.1 [Page 45]

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Balbharati Secretarial Practice [English] Standard 11 Maharashtra State Board
Chapter 3 Formation of a company
Exercise Q.1 | Q 4.06 | Page 45

RELATED QUESTIONS

Choose the correct option for the following
Minimum number of members to form a public company is


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Statement in lieu of prospectus can be filed by a public company going for a public issue.


True/False Answer Question:

If a company suffers heavy issues and its assets are not enough to pay off its liabilities, the balance can be recovered from the private assets of its members.


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Select the correct answer from the options given below and rewrite the statement:
___________ are the persons who undertake the process of formation of a company.


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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.

Term which means registering a company as per provisions of Companies Act, 2013


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

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State whether the following statement is True or False.

Promoters are persons who take 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.

ROC issues CIN only to certain companies.


Complete the sentence.

Promoters are the persons who undertake the process of _______.


Complete the sentence.

On incorporation of a company, the ROC allots a unique identity number called as ______. 


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Study the following case/situation and express your opinion.

 Mr. Talong with his 5 friends have submitted all the necessary documents for incorporation of TRIM private limited company.

a) How many minimum promoters are needed to incorporate a private company?

b) When can TRIM Private limited company be said to have come into existence.

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Answer in brief.

State the contents of Certificate of Incorporation


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