Advertisements
Advertisements
Question
True/False Answer Question:
'Articles of association' is the main document of a company.
Options
True
False
Advertisements
Solution
The statement is FALSE.
‘Articles of association’ is not the main document of the company. Rather, the most important document of a company is the memorandum of association.
APPEARS IN
RELATED QUESTIONS
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.
Name the stages in the formation of a company.
Discuss the stages of the formation of a company.
Select the correct answer from the options given below and rewrite the statement:
A company is __________.
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.
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.
To form a Public company, there must be minimum 2 persons/promoters.
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.
DSC is needed by Directors when they have to sign documents for e-filing.
State whether the following statement is True or False.
ROC issues CIN only to certain companies.
State whether the following statement is True or False.
All companies need Certificate of Incorporation.
Complete the sentence.
Promoters are the persons who undertake the process of _______.
Complete the sentence.
The document issued by the Registrar of companies when a company is incorporated is called as _______.
On behalf of a proposed company, preliminary contracts with third parties are entered by ______.
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.
- Can Mr. Ram, Mr. Sam, and Mr. Tom convert their partnership firm into a company?
- Name 2 most important documents needed to incorporate a company.
- Will Mr. Shah be considered as a Promoter of the Company? Why?
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.
c) Name the two most important documents that must be submitted at the time of the Incorporation of a company.
