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MCQs for Formation of a Company
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MCQs for Formation of a Company
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25 Questions

1. Stages in the formation of a public company are in the following orde
2. The Prospectus must be issued to the public within ______________ days of its dat
3. Minimum number of members to form a private company
4. A Government Company means any company in which not less than 51% of the paid-up share capital is held b
5. A proposed name of Company is considered undesirable i
6. Minimum number of members to form a public company i
7. Number of documents to be submitted, by a public ltd company, to the registrar while applying for incorporation of the company i
8. A private company means a company which has a minimum paid up capital of Rs.————
9. A person cannot hold directorship in more than ____ public companie
10. For example Par value is Rs10 and it is issued at Rs15 then Rs5 is the ___________ amoun
11. The certificate of capital will be issued b
12. The articles of association needs to be signed b
13. The application for registration of a company should be presented to the _______________ of the state appointed under Companies Act 195
14. The application for registration of a company should be presented to the registrar of the state in which the _______________ of the company is to be situate
15. Preliminary Contracts ar
16. _________ are the company created by special act of the legislatur
17. A copy of the ________________ must accompany each from of application for shares offered to the public
18. The company will be considered as separate person and different from its members from the date (when the) ____________
19. _____________ share capital has priority both in repayment of dividend as well as capital
20. Number of clauses in Memorandum of Association i
21. A prospectus is issued b
22. ___________ cannot give invitation to the public to subscribe for any shares in or debentures of the compan
23. Par value of shares means the __________ value of the share
24. _______________ capital means the sum mentioned in the capital clause of Memorandum of Associatio
25. The address of the registered office of the company must be notified to the registrar within _________ days of registration, if it is not done at the time of incorporatio

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