Formation of a Company Class 12 MCQs Questions with Answers

1. Private company prohibits any invitation or acceptance of deposits from persons other than its ___________

2. Minimum number of members to form a private company is

3. Which of the following clause of Memorandum of Association cannot be altered

4. Minimum number of members required to apply for incorporation certificate in a public ltd company is

5. The shares of a _______________ company can be freely transferable

6. The certificate of capital will be issued by

7. A prospectus is issued by

8. Preliminary Contracts are signed

9. A statement of nominal capital must be given at the time of incorporation by the company when the share capital is less than

10. The Prospectus must be issued to the public within ______________ days of its date

11. 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 incorporation

12. The application for registration of a company should be presented to the _______________ of the state appointed under Companies Act 1956

13. A company is known as the _______company of another company if it has control over that other company.

14. The company will be considered as separate person and different from its members from the date (when the) _____________

15. Which of the following is not a clause of memorandum of association

16. A copy of the ________________ must accompany each from of application for shares offered to the public.

17. Men may come and men may go but the company exist”- this explains which characteristics of the company as per companies Act 1956

18. A private company means a company which has a minimum paid up capital of Rs.————-

19. Application for approval of name of a company is to be made to

20. ___________ cannot give invitation to the public to subscribe for any shares in or debentures of the company