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Question
Write a word or a term or a phrase which can substitute the following statement:
Document which establishes company’s relationship with outsiders.
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Solution
Memorandum of association
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RELATED QUESTIONS
Select the correct answer from the option given below and rewrite the sentence.
_________ clause states the amount of Authorised capital with which the company is registered.
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_________ contains rules and regulations for internal management of the company
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Document which contains, Name Clause, Registered Office Clause, Capital Clause, etc.
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The document is subordinate to the Memorandum of Association.
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Last clause of Memorandum which contains name, signature, and other details of all the subscribers to the Memorandum.
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Document which establishes relationship between a company and its members.
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Document issued by public company inviting public to subscribe to its shares.
State whether the following statement is True or False:
Any act done by the company beyond the powers of Memorandum is Ultra Vires.
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Memorandum need not have a Liability Clause.
State whether the following statement is True or False:
Articles of Association is subordinate to Memorandum.
State whether the following statement is True or False:
Memorandum contains rules and regulations for the internal management of a company.
State whether the following statement is True or False:
Entrenched Articles cannot be easily altered.
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Every company has to issue shelf prospectus every time it offers shares to the public.
State whether the following statement is True or False:
Letter of offer is issued at the time of Rights Issue.
Find the odd one.
Complete the sentence.
The documents which state the aims and objectives of a company is called as_________
Select the correct option from the given options:
| Group A | Group B |
| Liability clause | ___________ |
Select the correct option from the given options:
| Group A | Group B |
| ___________ | Establishes relation between company and its member |
Explain the following term/concept.
Liability clauses
