Company Basic Concepts

Company Basic Concepts
Transfer of shares in the partnership firm is:
Restricted
Freely transferable
Prohibited
None of these
Author: rikazzz Comment
Company Basic Concepts
How many months did the company can continue its business u/s 45 ________
1
2
5
6
Author: rikazzz Comment
Company Basic Concepts
Liability of a member in case of a private company is:
Limited
Unlimited
Both A and B
None of these
Author: rikazzz Comment
Company Basic Concepts
Minimum number of members in case of public company:
1
2
5
7
Author: rikazzz Comment
Company Basic Concepts
Minimum paid up share capital in case of a private company is ________
1 lakh
2 lakhs
3 lakhs
4 lakhs
Author: rikazzz Comment
Company Basic Concepts
The liability of members if company is limited by guarantee:
Unpaid value of shares
Guarantee amount
Unlimited liability
None of these
Author: rikazzz Comment
Company Basic Concepts
Minimum number of members in case of private company is:
1
2
3
None of these
Author: rikazzz Comment
Company Basic Concepts
The term company is defined under which sec of the Act?
Sec 3(1)
Sec 4(2)
Sec 2(4)
Sec 1(3)
Author: rikazzz Comment
Company Basic Concepts
If minimum subscription is not received application money should be refunded within ________days.
20
25
30
10
Author: rikazzz Comment
Company Basic Concepts
In the case of Company Audit is:
Compulsory
Optional
None of these
A and b
Author: rikazzz Comment

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