Vidyalelo
Law · all questions

Indian Companies Act
practice.

Practice every MCQ with options. Use Show answers when you want the correct option and solution.

78

Questions

3/4

Page

Pick an option on a question to see the right answer and solution.

Which among the following remedies is available for a person who acted upon a false prospectus?

Select an option to see the answer and solution.

Under which provision of the Companies Act, 2013, will members be liable for a reduction of the statutory minimum number of members, in the Company?

Select an option to see the answer and solution.

A company shall be deemed to be unable to pay its debts:

Select an option to see the answer and solution.

In which of the following cases, the Court cannot order rectification of instrument-

Select an option to see the answer and solution.

Directors of a company are

Select an option to see the answer and solution.

Articles of a company can be altered by

Select an option to see the answer and solution.

Which section of the Companies Act, 2013 deals with corporate social responsibility?

Select an option to see the answer and solution.

Which one of the following is primary source of equity?

Select an option to see the answer and solution.

Starax Ltd. has the paid-up equity capital structure in the following proportion - Central Government: 38%; State Government: 10%; Subsidiary of a Government Company: 17.50%; and remaining shares by retail shareholders. Which of the following classes of companies would it belong to?

Select an option to see the answer and solution.

The statutory formulation of directors' duties under Companies Act, 2013 have been spelt out in

Select an option to see the answer and solution.

In which of the following cases corporate veil of the company has not been lifted by the court:

Select an option to see the answer and solution.

Match List-I with List-II and select the correct answer using the given below the Lists:
List-I (Decided Cases) List-II (Principle Stated)
a. Royal British Bank v. Turquand 1. Corporate personality
b. Salomon v. Salomon & Co. Ltd. 2. Rule of majority
c. Foss v. Harbottle 3. Doctrine of ultra vires
d. Ashbury Railway Carriage and Iron Co. Ltd. v. Riche 4. Indoor management

Select an option to see the answer and solution.

Which of the following statements is not correct?

Select an option to see the answer and solution.

Who is authorized to issue license to Section 8 company under Companies Act, 2013?

Select an option to see the answer and solution.

Which of the following case is about doctrine of ultra vires?

Select an option to see the answer and solution.

The Companies Act, 2013 has done a tremendous job by providing Company's Social Responsibility (CSR) as a mandatory activity. A company has to comply with mandatory CSR norms where

Select an option to see the answer and solution.

Producer company is based on the principles of . .

Select an option to see the answer and solution.

To safeguard the interest of the shareholders through class action suits, an application may be made to the Tribunal. Which one of the following is wrong?
An application

Select an option to see the answer and solution.

How much amount of the profits of a company can be distributed as dividend amongst its shareholders?

Select an option to see the answer and solution.

A public company can be converted into a private company only after the approval of the

Select an option to see the answer and solution.