Corporate veil ensures __________ of the company

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Question:
Corporate veil ensures __________ of the company

1.Protection

2.Legal Immunity

3.Both A and B

4.None of the above.

Posted Date:-2021-11-11 07:54:23

More MCQS Questions and answers

  1. ___ of schedule I of the companies Act, which gives the specimen of memorandum of a company limited by shares
  2. ____ called for dealing with some urgent special business which cannot e postponed till the next annual general meeting.
  3. _____ auditors of the company are appointed by the share holders in annual General Meeting.
  4. ______ can be imposed on directors for non compliance of requirements’ of companies Act
  5. ______ contain the rules and regulation of the company
  6. ______ document contains the rules, regulations and bye-laws for the internal management of the company
  7. ______ is a proposal put before a meeting.
  8. ______ is issued by any financial constitution or bank for on e or more of issues of securities or class of securities specified in the prospectus.
  9. ______ is the first stage in the formation of a company
  10. ______ refers to a voluntary association of individuals formed for the purpose of obtaining a particular social or economical goal.
  11. ______ refers to the instrument by which a person is appointed to act for another at a meeting of the company.
  12. ______ vacancy is caused by resignation, death, insolvency or insanity.
  13. _______ is a group of people who are acting on behalf of the company
  14. _______ is a shorter version of the prospectus and contains all the salient features of a prospectus that forms a part of the memorandum.
  15. _______ mean a person who is either child or Adolescent
  16. ________ director act during the absence of the original director.
  17. ________ is a person who has signed company’s memorandum of association
  18. _________ is the first general meeting of the share holders odf a public company
  19. A company is a ______________ of a person who have come together for a common object which generally is to earn profit
  20. A company may change its name by passing ______________ with the approval of central govt.
  21. A registered trade mark is called ______
  22. According to sec.225, the directors should be appointed in he _____
  23. Companies limited by ______________ are not formed for the purpose of profit but for the promotion of art, science, culture, charity, sports, commerce etc.
  24. Corporate veil ensures __________ of the company
  25. Directors are ______________ of he powers conferred on then and they must exercise those powers bonafide and for the benefit of the company.
  26. Doctrine of constructive notice means _____
  27. During which of the following circumstances can the veil be lifted by the court?
  28. Every worker who worked for _________ days entitled to Annual Wages
  29. Extra ordinary meeting of the _____
  30. For the proper conduct of business in a meeting a ______________ is necessary
  31. Golden rule was laid down by _______
  32. If at the registration, a company limited by shares does not file articles of association with the registrar, then
  33. In case of members voluntary winding up , the liquidation for conducting the winding up proceedings is appointed by ________
  34. In corporal properties are not _______
  35. Mean any premises including precincts thereof
  36. Minutes of company meeting should e prepared with in ______________ of the meeting
  37. Official liquidators are appointed from the panel of _______
  38. On a winding up order being made, the co9mpany’s property comes under the custody of ______
  39. On which of the following dates the companies Act,1956 come in to force?
  40. Sec. _______ of the companies Act deals with the meaning and provisions related to the shelf prospectus.
  41. Sec. ______________ of the companied Act defines foreign company
  42. Sec. ______________ of the companies act states that, a public company making an issue of securities shall circulate information memorandum to the public before filling of a prospectus.
  43. Shelf Prospectus means a prospectus issued by _________
  44. The _______ issues the certificate of incorporation
  45. The capital with which the company is registered is called the ________
  46. The charter of a company is its ______
  47. The common seal of the company is the ______
  48. The directors may be held ________ liable on their failure to fulfill the formalities imposed upon them by the Act
  49. The doctrine of indoor management provides protection to __________
  50. The first important document to be filed with the Registrar is ______
  51. The forms of articles of association are given in tables ______________ is schedule I of the companies Act 1956
  52. The forms of Memorandum of association are given in tables ___ in schedule I of the companies Act 1956
  53. The minutes of the company in case of a Board Meeting shall be signed by ______
  54. The name of a defunct company can be resorted to register on an application made to the Tribunal by the company, or any member or a creditor within ______
  55. The order of dissolution can be issued only by the company
  56. The privilege of limited liability was introduced in the Indian Company Law, in the year of
  57. The procedure for change of registered office from one city to another within the state is by passing ______
  58. The quorum for a meeting of the board of directors shall be _______ of its total strength or 2 directors whichever is higher.
  59. The winding up in which a solvency declaration is not made is known as _______
  60. winding up by the order of Tribunal is ________
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