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Corporate Regulations And Governance
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Corporate Regulations And Governance
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25 Questions

1. On which of the following dates the Companies Act, 1956 come into force?
2. _______ is the first state in which assists realised liabilities are paid off and surplus is distributed.
3. Articles of Association adopt the rules and regulations contained in _______ of schedule 1 of the Companies Act.
4. If a public company limited by shares does not register its own articles ________apply automatically to a company.
5. Registered office clause of memorandum of association contain ___
6. Minimum _________ persons to constitute a public limited company
7. If the company's Act go beyond the provisions of the memorandum, its act will be _______
8. ________ company are those which are incorporated by a Royal Charter.
9. Directors are _________ of the Powers conferred on then and they must exercise those powers bonafide and for the benefit of the company.
10. Statutory companies are those incorporated under a special act passed by __________
11. _________ are subordinate to and controlled by the memorandum.
12. A Company may change its name by passing ______ with the approval of central govt.
13. The _________ issues the certificate of incorporation.
14. On a share of Rs. 200 of a company a shares holder has already paid Rs. 150. His liabilitye is now limited to:-
15. __________ is compulsory for unlimited companies, private companies, companies limited by guarantee.
16. In case of members voluntary winding up, the liquidation for conducting the winding up proceedings is appointed by ______
17. ________ is subordinate to and controlled by the memorandum of association.
18. The term whole time director is defined in Sec.__________ of the Companies Act 1956
19. A public company may issue a prospectus called _________
20. A ___________ is a document but invites the public to subscribe for share and debentures.
21. The office of a director becomes vacant if he fails to obtain his qualification shares within _____
22. The articles of Association and the memorandum of Association are drafted by __________
23. The auditor of government company is appointed by the ___________of India.
24. When one company controls the management of another company, the former is called a ____________ company.
25. The idea of carrying on a business is conceived by a person or by a group of persons called ____________

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