Top 150+ Solved Company Law MCQ Questions Answer

From 76 to 90 of 121

Q. Company registered under Sec. 8 as per 2013 amendment can _________

a. Manufacturing

b. give services

c. not earn profits

d. Limit Shares

  • c. not earn profits

Q. Company act 2013 have __________ number of sections

a. 236

b. 56

c. 470

d. 536

  • c. 470

Q. Theory which gives explanation to ‘lifting the corporate Veil” is _______

a. Concession theory

b. Bracket Theory

c. Fiction theory

d. Feminist theory

  • b. Bracket Theory

Q. Corporate is person ficta ‘fictitious person’ _______________

a. Concession theory

b. Bracket Theory

c. Fiction theory

d. Feminist theory

  • c. Fiction theory

Q. Public limited company paid up capital share is Rupees ______________

a. 50,000

b. 5,00,000

c. 1,00,000

d. 1,50,000

  • b. 5,00,000

Q. Memorandum of Association has ________ clause

a. 7

b. 10

c. 12

d. 14

Q. Retrospective correction can be done, even after execution of action in

a. Article of Association,

b. Memorandum of Association

c. Prospectus,

d. Interpretation of Statue

  • a. Article of Association,

Q. Company is defined under ____________

a. S.3 (1) (i)

b. S.4

c. S.5

d. S.6

  • a. S.3 (1) (i)

Q. Company registered under Company Law is _________

a. Legal Company

b. Registered Company

c. Chartered Company

d. LLP

  • b. Registered Company

Q. Private Company is defined under __________

a. S.3 (1) (iii)

b. S.3 (1) (iv)

c. S.4

d. S.4 (2)

  • a. S.3 (1) (iii)

Q. Which one of the following statements is true __________

a. Any person can become the member of the company.

b. Incorporated Company is a legal person and a citizen also.

c. Debenture holders do not have the right to vote.

d. All are false.

  • d. All are false.

Q. Government Company is defined under ________

a. S.571

b. S.617

c. S.619

d. S.620

  • b. S.617

Q. Which one of these cases, it was decided that a company incorporated by asingle person can also have a separate legal entity ________

a. Solomon v/s. Solomon & Co.

b. Ashbury Railway carriage Co. v/s. Riche.

c. Foster v/s. Foster.

d. Carriage and Iron Co. Ltd v/s. Rich.

  • b. Ashbury Railway carriage Co. v/s. Riche.
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