When shares are issued at premium, the amount of premium shall be credited to separate account called
Capital account
Shareholders account
Securities premium account
Forfeiture account
In companies Act the meaning of shares is explaining in section
Sec 2 (35)
Sec 455
Sec 2 (46)
Sec 2 (28)
If Articles of Association of the company is silent, the gap between two calls are
90 days
180 days
30 days
15 days
The difference between called up capital and paid up capital is known as
Calls in advance
Calls for shares
Calls in arrears
Application call
Capital reserves represent
Capital profit
Nominal profit
Share profit
Debenture profit
When shares are issued to public for cash, it should satisfy the provision of
Companies Act
SEBI
Companies Act & SEBI
Partnership Act
Indian companies Act was passed in
1932
1975
1956
1923
Being an artificial person, company cannot sign the documents and can act only through natural persons called
Shareholders
Directors
Executives
Partners
In which way shares of a company may be issued
Issue of shares at par
Issue of shares at premium
Issue of shares at discount
All of the above
All companies are registered under the
Partnership Act, 1932
Companies Act, 1956
Securities contract regulation Act, 1956
Co-operative societies Act, 1904