_____________ is a fundamental document of the company.
Memorandum of Association
Article of Association
Prospectus
None of these
______________ is one who conceives the idea of a new business unit to establish it and subsequently becomes a part of management.
Professional promoter
Entrepreneur promoter
Business promoter
___________ refers to the registration of the company on a body corporate under the Companies act, 1956.
Incorporation
Declaration
Promotion
Minimum number of persons to start a private limited company is _____________.
3
1
2
5
When a public company does not want to issue a Prospectus it files a ______________.
Table B Form
Table A Form
Table C Form
Table D Form
Preliminary contracts are signed ______________.
Before the incorporation.
After incorporation but before capital subscription
After incorporation but before commencement of business
After commencement of business
Procedure regarding transfer of shares, forfeiture and reissue of forfeited share are included in the _____________.
Articles of Association
Preliminary contracts are _______________.
Binding on the company
Binding on the company, if ratified after incorporation
Binding on the company, after incorporation
Not binding on the company.
In case of commencement of business a public company must raise the amount of minimum subscription within ___________ days of issue of Prospectus.
100
120
95
90
____________ clause can be regarded as the core of Memorandum of Association.
Situation
Liability
Capital
Objects
