Formation of a Company Class 12 MCQs Questions with Answers

1. A prospectus is issued by

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

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

4. Preliminary Contracts are signed

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

6. The certificate of capital will be issued by

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

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

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

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

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

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

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

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

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

16. 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

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

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

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

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