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Free Download as PDF of Company Law Questions with Answers as per exam pattern, to help you in day to day learning. We provide all important questions and answers for all Exam.
37. A share certificate is required to be signed by_____________
- [A] company secretary.
- [B] two directors.
- [C] two directors and company secretary
- [D] all directors and company secretary
Answer: Option [C]
38. A secretary should have sound knowledge of_______________.
- [A] company law.
- [B] tax laws.
- [C] labour laws.
- [D] all of these.
Answer: Option [A]
39. Transmission of shares takes place in the following case_____________.
- [A] sale of shares.
- [B] theft of shares.
- [C] operation of any law.
- [D] all of these.
Answer: Option [C]
40. The dividend on preference capital is paid___________.
- [A] whenever there are profits
- [B] only if there are profits
- [C] even if there are no profits.
- [D] only when the directors recommend it
Answer: Option [D]
41. A private company ________issue deferred shares with disproportionatevoting rights
- [A] can ony
- [B] can
- [C] cannot
- [D] can with the prior approval of the government
Answer: Option [A]
42. When is a company said to have been registered?
- [A] when it files the memorandum of association with the registrar if companies
- [B] when it gets the certificate of incorporation
- [C] when it gets the certificate of commencement of business
- [D] when it actually starts its business
Answer: Option [A]
43. how many types of preference shares
Answer: Option [A]
44. The debenture holders of a company are companys____________.
- [A] owners
- [B] creditors
- [C] customers
- [D] all of these
Answer: Option [B]
45. A share certificate is required to be signed by__________.
- [A] company secretary
- [B] two directors
- [C] two directors and company secretary
- [D] all directors and company secretary.
Answer: Option [C]
46. Transmission of shares takes place in the following case
- [A] sale of shares.
- [B] theft of shares
- [C] operation of any law.
- [D] all of these
Answer: Option [C]
47. To enable a company to pay dividends, a special authority is ___________.
- [A] not needed either in the memorandum or in the articles
- [B] needed either in the memorandum or in the articles
- [C] needed only in the memorandum
- [D] needed only in the articles
Answer: Option [A]
48. According to the companies act, which one of the following companies can commence allotment
of shares even before the minimum subscription is subscribed or paid?
- [A] Charted company
- [B] Private company
- [C] Government company
- [D] Public limited company
Answer: Option [B]
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