ELEMENTS OF COMPANY LAW – LEGAL APTITUDE

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ELEMENTS OF COMPANY LAW - LEGAL APTITUDE

1 / 20

A public company having a share capital can start its business on obtaining -

2 / 20

In case ‘memorandum’ and ‘articles’ are inconsistent, then which shall prevail over the
others?

3 / 20

Company’s ‘memorandum’ and ‘articles’ are public documents.

4 / 20

Which of the following statements is correct?

5 / 20

For which of the following companies it is not obligatory to have Articles of Association ?

6 / 20

A company comes into existence when -

7 / 20

A company formed for the promotion of commerce, art, science, religion, charity etc. may
not use the word ‘limited’ at the end of its name, even if it is a limited company.

8 / 20

The Registered office clause of Memorandum of Association contains -

9 / 20

The Object clause of Memorandum of Association must be divided into two SubClauses, namely (i) main objects clause, and (ii) object in furtherance of main object clause.

10 / 20

Which of the following statements is correct?

11 / 20

In case of a company limited by guarantee, the liability of the members can be enforced

12 / 20

A Government Company is one in which 51% or more of the paid up share capital is held
by -

13 / 20

At the time of registration the filing of Articles of Association with the Registrar of
Companies is compulsory for

14 / 20

If at the time of registration, a company limited by shares does not file Articles of
Association with the Registrar, then

15 / 20

On 14th July, the Registrar of Companies issued a Certificate of Incorporation, but it was
dated 10th July instead of 14th July. From which date the company will legally come into
existence?

16 / 20

Which of the following statements is not true?

17 / 20

Which of the following is not the characteristic of a public company?

18 / 20

A and B were the only members of a company who died in a road accident. In this case,
the company comes to end on the death of A and B.

19 / 20

A company being a legal person is also a citizen under the Constitution of India

20 / 20

A statutory company or corporation is one which is incorporated

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