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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. - Secretarial Practice

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Question

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.

One Word/Term Answer
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Solution

Promoters

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Formation of a Company
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Chapter 3: Formation of a company - Exercise Q.1 [Page 44]

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Balbharati Secretarial Practice [English] 11 Standard Maharashtra State Board
Chapter 3 Formation of a company
Exercise Q.1 | Q 3.2 | Page 44

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:

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


True/False Answer Question:

Every company must file Articles of Association


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.


Match the pairs.

Group ‘A’ Group ‘B’
a) Minimum 7 members 1. Persons who conceive the idea of setting up a company.
b) DIN 2. Public company
c) Preliminary contracts 3. Promoters
d) Fiduciary duties towards the company. 4. Eight Digit alphanumeric number.
e) CIN 5. Private company
  6. Unique number assigned to each Director.
  7. ROC.
  8. A 21 digit alphanumeric code number.
  9. One-Person Company
  10. Contracts entered by Promoters with third parties.

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 is an artificial person.


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.

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


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 Commencement of business.


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

Promoters

________


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.

 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.


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