Formation of a Company Class 12 MCQs Questions with Answers

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

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

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

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

5. The certificate of capital will be issued by

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

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

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

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

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

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

12. A prospectus is issued by

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

14. 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

15. Preliminary Contracts are signed

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

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

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

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

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