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State whether the following statement is True or False: Member of the company is conferred with several rights. - Secretarial Practice

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Question

State whether the following statement is True or False:

Member of the company is conferred with several rights.

Options

  • True

  • False

MCQ
True or False
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Solution

True

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Members of a Company
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Chapter 5: Members of a company - Exercise Q.1 [Page 74]

APPEARS IN

Balbharati Secretarial Practice [English] 11 Standard Maharashtra State Board
Chapter 5 Members of a company
Exercise Q.1 | Q 4.06 | Page 74

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:

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 _______ cannot be a member of a company.


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

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The subscribers of this document are considered as Members of the company.


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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:

Minor can be the member of the company


State whether the following statement is True or False:

Karta of HUF can be a member of the company.


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 __________


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


Explain the following Term/Concept.

Member


Explain the following Term/Concept.

Transmission of Shares


Justify the following statement.

Members of company are entitled to several rights.


Answer the following question:

Explain the circumstances when Member is not a shareholder and vice-versa.


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