CA Inter Companies Act - Preliminary — practice questions
26 free MCQs with worked solutions. Tap any question for the answer + explanation, or practice them all in the app.
Practice CA Inter Companies Act - Preliminary in the app →Under the Companies Act, 2013, a 'company' means a company incorporated under this Act or under any:A fundamental legal characteristic of an incorporated company is that it is a:The principle that a company is a legal person separate from its shareholders was established in the case of:A company in which there is only one person as a member is a/an:A private company, by definition, restricts the right to transfer its shares and limits its maximum number of The minimum number of members required to form a public company is:A company in which not less than 51% of the paid-up share capital is held by the Central or State Government iA company whose securities are listed on a recognised stock exchange is a:A company that controls the composition of the Board or more than half of the voting power of another company A company over which another company exercises significant influence (holding at least 20% of total voting powLiability of members of a company limited by shares is limited to the amount:In a company limited by guarantee, the liability of members is limited to the amount they undertake to contribWhere the corporate veil is lifted, the court looks behind the company to its:The feature by which a company continues to exist irrespective of changes in its membership is:A 'body corporate' includes a company incorporated outside India but generally excludes a:A company formed for promoting commerce, art, science, charity etc. and which applies its profits to its objecA 'small company' is a company, other than a public company, whose paid-up capital and turnover do not exceed:A company incorporated outside India which has a place of business in India is a:A One Person Company must indicate the name of a ___ in its memorandum, who becomes a member in case of the suThe maximum number of persons that an OPC can have as members is:Shares of a public company are freely:The concept that a company is an 'artificial person' implies it:Where a subsidiary company itself has a subsidiary, the latter is a subsidiary of the:A company limited by shares and a company limited by guarantee differ mainly in the basis of members':The document that becomes a public company's identity number on incorporation is the:Misuse of the corporate form to defraud creditors is a typical ground for: