English

State whether the following statement is True or False. Promoters are persons who take the necessary steps to set up a company.

Advertisements
Advertisements

Question

State whether the following statement is True or False.

Promoters are persons who take the necessary steps to set up a company.

True or False
Advertisements

Solution

This statement is true.

shaalaa.com
Formation of a Company
  Is there an error in this question or solution?
Chapter 3: Formation of a company - Exercise Q.1 [Page 45]

APPEARS IN

Balbharati Secretarial Practice [English] Standard 11 Maharashtra State Board
Chapter 3 Formation of a company
Exercise Q.1 | Q 4.03 | Page 45

RELATED QUESTIONS

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


Multiple Choice Question:

A proposed name of the Company is considered undesirable if


True/False Answer Question:

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


True/False Answer Question:

'Articles of association' is the main document of a company.


True/False Answer Question:

Every company must file Articles of Association


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.


Discuss the stages of the formation of a company.


Select the correct answer from the options given below and rewrite the statement:
____________has a 21 digit alpha numeric code which is unique number assigned to every company at the time of incorporation.


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

Persons who undertake the necessary steps to set up a company.


State whether the following statement is True or False.

A company is an artificial person.


To form a Public company, there must be minimum 2 persons/promoters.


State whether the following statement is True or False.

In India, companies have to be incorporated as per the provisions of Companies Act, 2013.


State whether the following statement is True or False.

All companies need Certificate of Commencement of business.


Find the odd one.


Complete the sentence.

The document issued by the Registrar of companies when a company is incorporated is called as _______.


Select the correct option form the given option:

Group A

Group B

CIN

_______

Select the correct option form the given option:

Group A

Group B

RUN is used for

_______

Study the following case/situation and express your opinion.

Sagar company limited got its Certificate of Incorporation on 1st Sept. 2018. The application for Incorporation was submitted on 16th Aug. 2018. There were 10 promoters who took the steps to incorporate the company.
  1. State the date on which Sagar company limited came into existence legally.
  2. On which date will the company get its Corporate Identity Number?
  3. How many minimum promoters are needed for incorporating a public company?

Answer in brief.

State the contents of Certificate of Incorporation


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×