CA Foundation The Companies Act, 2013 — practice questions
30 free MCQs with worked solutions. Tap any question for the answer + explanation, or practice them all in the app.
Practice CA Foundation The Companies Act, 2013 in the app →The Companies Act, 2013 consists of:Under Section 2(20), a 'company' means a company:The principle that a company is a legal person distinct and separate from its members was laid down in:In Macaura v. Northern Assurance Co., it was held that a member who insured the company's property in his own 'Perpetual succession' of a company means that:In a company limited by shares, the liability of a member is limited to:In a company limited by guarantee, the members' liability to contribute the guaranteed amount arises:Following the Companies (Amendment) Act, 2015, a common seal for a company is:Which of the following is a recognised ground for 'lifting the corporate veil'?Under Section 2(68), a private company by its articles restricts the right to transfer shares, prohibits publiThe minimum number of members is ___ for a private company and ___ for a public company.A public company's maximum number of members is:Under Section 2(62), a One Person Company (OPC):Which of the following is true of an OPC?Under Section 2(85) (with the 2022 Rules), a 'small company' is a private company whose paid-up capital does nUnder Section 2(92), an 'unlimited company' is one:Under Section 2(87), Company A is a 'subsidiary' of Company B if B:Under Section 2(6), an 'associate company' is one in which the other company has 'significant influence', meanUnder Section 2(45), a 'Government company' is one in which not less than ___ of the paid-up share capital is Under Section 2(42), a 'foreign company' is a company or body corporate:A Section 8 company (formed for charitable objects):Under Section 455, a company may obtain the status of a 'dormant company' where it:Under Section 2(52), a 'listed company' is one which:Under Section 7, upon registration the Registrar issues a certificate of incorporation and allots to the compaUnder Section 9, the effect of registration is that, from the date of incorporation, the company becomes:Under Section 2(8), 'authorised' (nominal) capital is:'Paid-up capital' is equal to:Under Section 43, the share capital of a company limited by shares is of two kinds:Under Section 44, shares (or debentures) of a member in a company are:A private company which is a subsidiary of a public company is, for the purposes of the Act: