English

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

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.

Options

  • True

  • False

MCQ
True or False
Advertisements

Solution

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] 11 Standard 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


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


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:

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.


Name the stages in the formation of a company.


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.


Select the correct answer from the options given below and rewrite the statement:
A director must have a ________ to be appointed as a director 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.


Select the correct answer from the options given below and rewrite the statement:
__________is a document which invites the public to buy the shares of a company. 


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.


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

The Birth Certificate of a company.


State whether the following statement is True or False.

A company can be registered even without submitting Memorandum of Association and Articles of Association.


State whether the following statement is True or False.

All companies need Certificate of Incorporation.


Find the odd one.


Complete the sentence.

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


On behalf of a proposed company, preliminary contracts with third parties are entered by ______.


Select the correct option form the given option:

Group A

Group B

___________

Certificate of incorporation


Study the following case/situation and express your opinion.

Mr. Ram, Mr. Sam, and Mr. Tom who are partners have come together to convert their business into a company. They have finalized all the details about the business they want to do, capital needed, etc. However, they do not know how to proceed with the legal formalities. Hence they appoint Mr. Shah who is a Practicing Company Secretary to help them prepare documents needed for incorporating the proposed company.

  1. Can Mr. Ram, Mr. Sam, and Mr. Tom convert their partnership firm into a company?
  2. Name 2 most important documents needed to incorporate a company.
  3. Will Mr. Shah be considered as a Promoter of the Company? Why?

Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×