Company Law MCQ PDF


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ELEMENTS OF COMPANY LAW

S.Y.B.COM

190 + Importance COMPANY LAW MCQ PDF

Part 2 Link Click Here

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S.Y.B.Com Company Law Most Important MCQ 
1) https://www.surajpateleducation.com/2021/02/company-law-mcq-questions-and-answers.html


Other Subject Most Important MCQ

1. Minimum Number of Members in case of public company______

A. 1

B. 2

C. 5

D. 7

ANS : D

 

2. Minimum Number of Members in case of  private company is

A. 1

B. 2

C. 3

D. 7

ANS : B

 

3. Maximum no of Members in case of Private Company is

A. 50

B. 100

C. 150

D. 200

ANS : D

 

4. Maximum no of Members in case of public company is

A. 0

B. unlimited

C. 50

D. 100

ANS : B

 

5. Transfer of Shares in the Company  is

A. Restricted

B. Freely transferable

C. Prohibited

D. None of these

ANS : B

 

6. A Company is Named as govt. Company if it is holds_____% of paid up share capital

A. more than 30

B. more than 40

C. more than 50

D. None

ANS : C

 

7. In case of Appointment of Directors ____ form is to be filed

A. 29

B. 32

C. 18

D. 1

ANS : A

 

8. ____ is the Conclusive Evidence in case of company that statutory requirements have

complied with

A. Certificate of Incorporation

B. Certificate of commencement of Business

C. Both

D. None of the above

ANS : A

 

9. Private Company can  start its Business Immediately after the issue of

A. Certificate of commencement of Business

B. Certificate of Incorporation

C. Both

D. None of the above

ANS : A

 

10. Public Company  Should start Business only after getting

A. Certificate of Incorporation

B. Commencement of business

C. None of these

ANS : B

 

11. Private Company can starts  Business only after Getting Certificate of

A. Incorporation

B. Commencement of business

C. None of these

ANS : A

 

12. Which of the following is not  a stage of the Development of Company

A. Promotion

B. Production

C. Incorporation

D. Commencement of Business

ANS : B

 

13. A is one who Performs the Preliminary duties Necessary to bring A Company into being and

float it.

A. Auditor

B. Promoter

C. Director

D. Financer

ANS : B

 

14.One who Undertakes to form a Company with reference to a given object and set it going And who takes the necessary  steps to accomplish that purpose

A. Promoter

B. Directors

C. C.E.O.

D. Board of Directors

ANS : A

 

15. The Companies which  are formed under Special Act. Those Companies are called as

A. Chartered companies

B. Statutory companies

C. Registered companies

D. None of these

ANS : B

 

16. The Companies which are formed under Companies Act. 1956 . They will be called as

A. Chartered companies

B. Statutory companies

C. Registered companies

D. None of these

ANS : C

17. Can Private Company go for  Public issue?

A. Yes

B. No.

ANS : B

 

18. Can Private Company Accept Deposits  from the public?

A. Yes

B. No

ANS : B

 

19. Minimum paid up Share Capital in case of A Private Company is _______

A. 1 Lakh

B. 2 Lakhs

C. 3 Lakhs

D. 4 Lakhs

ANS : A

 

20. Minimum Paid up share Capital in case of  a Public Company is ________

A. 1 Lakh

B. 3 Lakhs

C. 5 Lakhs

D. 7 Lakhs

ANS : C

 

21. Minimum no. of Directors in  case of a Public Company is __________

A. 1

B. 2

C. 3

D. 4

ANS : C

 

22. The Companies which are formed  under Special Charter granted by the king or queen of

England are called

A. Statutory companies

B. Registered companies

C. Chartered companies

D. None of these

ANS : C

 

23. The Companies which are formed under Special Act . Those Companies are called as

A. Chartered companies

B. Statutory companies

C. Registered companies

D. None of these

ANS : B

 

24. The Companies which are formed under Companies Act. 1956 . They will be called as

A. Chartered companies

B. Statutory companies

C. Registered companies

D. None of these

ANS : C

 

25. Under which sec  a Private Company can Voluntarily converted into public company

_______

A. 34

B. 44

C. 54

D. 64

ANS : B


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