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B.Com (General) Semester 6 (TYBcom) - University of Mumbai Question Bank Solutions

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State whether the following statements are True or False :
Preferential Creditors are in the nature of unsecured creditors.

[3] Liquidation of Companies
Chapter: [3] Liquidation of Companies
Concept: undefined >> undefined

State whether the following statements are True or False :
Liquidator's Final Statement of account is  prepared in the form of Cash Account.

[3] Liquidation of Companies
Chapter: [3] Liquidation of Companies
Concept: undefined >> undefined

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Multiple Choice Questions : 
........ creditors include bills payable unless secured otherwise.

[3] Liquidation of Companies
Chapter: [3] Liquidation of Companies
Concept: undefined >> undefined

Multiple Choice Questions :
.......... is one which can take place without the intervention of court.

[3] Liquidation of Companies
Chapter: [3] Liquidation of Companies
Concept: undefined >> undefined

Match the Pairs :

  Column A   Column B
1. Over-riding Preferential Payments a. In position to a all its creditors.
2. Preferential Payments b. Members of the company on the commencement of company's winding -up
3. Solvent Company c. Section 326 of Companies Act, 2013
4. Liquidation of Company d. Realisation of Assets of the company
5. Contributories e. Section 327 of Companies Act, 2013
[3] Liquidation of Companies
Chapter: [3] Liquidation of Companies
Concept: undefined >> undefined

Fill in the blanks
 . . . . . . . . . . is a kind of guarantee undertaken by an Institution or Firm of brokers ensuring the marketability of an issue. 

[4] Underwriting of Shares and Debentures
Chapter: [4] Underwriting of Shares and Debentures
Concept: undefined >> undefined

Fill in the blanks.

Under Partial  Underwriting, all ............ application are treated as marked applications as far as the company is concerned.

[4] Underwriting of Shares and Debentures
Chapter: [4] Underwriting of Shares and Debentures
Concept: undefined >> undefined

Fill in the blanks.
........ .. is a. person who helps in subscribing the shares.

[4] Underwriting of Shares and Debentures
Chapter: [4] Underwriting of Shares and Debentures
Concept: undefined >> undefined

State whether the following statements are True or False.

Under Full underwriting, the liability of the underwriter is to buy and pay for the entire unsubscribed portion of the issue.

[4] Underwriting of Shares and Debentures
Chapter: [4] Underwriting of Shares and Debentures
Concept: undefined >> undefined

State whether the following statements are True or False.
A broker does not assume any risk as that of underwriter.

[4] Underwriting of Shares and Debentures
Chapter: [4] Underwriting of Shares and Debentures
Concept: undefined >> undefined

State whether the following statements are True or False.
An underwriter has to subscribe within 6o days that. part of shares which remain unsubscribed by the public.

[4] Underwriting of Shares and Debentures
Chapter: [4] Underwriting of Shares and Debentures
Concept: undefined >> undefined

State whether the following statements are True or False.
Sub-underwriters are responsible only to the underwriter .

[4] Underwriting of Shares and Debentures
Chapter: [4] Underwriting of Shares and Debentures
Concept: undefined >> undefined

State whether the following statements are True or False.
Joint Underwriting is also known as Syndicate Underwriting.

[4] Underwriting of Shares and Debentures
Chapter: [4] Underwriting of Shares and Debentures
Concept: undefined >> undefined

............ is an issue of securities to the general public on a first come, first served basis. 

[4] Underwriting of Shares and Debentures
Chapter: [4] Underwriting of Shares and Debentures
Concept: undefined >> undefined

Under .............is underwriting, each underwriter underwrites for a specified amount and in a specified ratio.

 

[4] Underwriting of Shares and Debentures
Chapter: [4] Underwriting of Shares and Debentures
Concept: undefined >> undefined

......... is a person who helps in subscribing the shares.

[4] Underwriting of Shares and Debentures
Chapter: [4] Underwriting of Shares and Debentures
Concept: undefined >> undefined

Underwriting Commission is not generally paid in ..............

[4] Underwriting of Shares and Debentures
Chapter: [4] Underwriting of Shares and Debentures
Concept: undefined >> undefined

Match the Pairs :

  Column A   Column B
1. Underwriting Commission. (a) Syndicate Underwriting
2

Capitalisation of Collective

reputation of Underwriters

(b) Partial Underwriting
3

Provjsions for Underwriting
Commission

(c) Guaranteering
4 Type of Underwriting (d) 5% for shares
5 Underwriting (e) Rule 13 of the Companies Rules, 2014
[4] Underwriting of Shares and Debentures
Chapter: [4] Underwriting of Shares and Debentures
Concept: undefined >> undefined

In Limited Liability Partnership, there are minimum ..................... partners.

[5] Accounting for Limited Liability Partnership
Chapter: [5] Accounting for Limited Liability Partnership
Concept: undefined >> undefined

The Registration of LLP is ................. 

[5] Accounting for Limited Liability Partnership
Chapter: [5] Accounting for Limited Liability Partnership
Concept: undefined >> undefined
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