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Question
Write a word or a term or a phrase which can substitute the following statement.
The Birth Certificate of a company.
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Solution
Certificate of Incorporation
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A prospectus is issued by
True/False Answer Question:
Every company must file Articles of Association
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.
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.
Promoters can make secret profits while setting 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.
A company can be registered even without submitting Memorandum of Association and Articles of Association.
State whether the following statement is True or False.
Every Director has to quote his DIN while giving his consent to be a Director of a company.
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.
State whether the following statement is True or False.
All companies need Certificate of Commencement of business.
Complete the sentence.
Promoters are the persons who undertake the process of _______.
Complete the sentence.
On incorporation of a company, the ROC allots a unique identity number called as ______.
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?
