Top 150+ Solved Company Law MCQ Questions Answer
Q. Which one of the following has a right to claim compensation for anyloss due to mis-statement in prospectus
a. purchasing shares in primary market
b. secondary market
c. subscribers to memo
d. all the above
Q. The liability of members if company is limited by shares
a. unpaid value of shares
b. guarantee amount
c. unlimited liability
d. none of the above
Q. Name of the member is struck off from the register in caseof____________
a. issue of share certificate
b. share warrant
c. forfeiture
d. none of the above
Q. A company can become a members of another company if it is soauthorized by______
a. moa
b. aoa
c. both (a) & (b)
d. none of the above
Q. Validity period of information memorandum is___________
a. 1 year
b. 2 years
c. 3 years
d. 4 years
Q. Central Government permission is required in caseof_____ conversion____
a. private to public
b. public to private
c. both (a) or (b)
d. none of the above
Q. A company is named as govt. company if it is holds_________ % of paidup share capital
a. more than 30
b. more than 40
c. more than 50
d. none
Q. _______ % of shares should be held by a company in another companyso as to become subsidiary
a. more than 50
b. more than 40
c. more than 30
d. more than 20