Q158. If a public company limited by shares does not register its own articles, then the articles given in _________ of Schedule I automatically becomes applicable.
a. Stamp Act
b. Table A
c. Special
Answer
b. Table A
Q159. A company by _________resolution can alter or add to its articles.
a. Table A
b. Special
c. bona fide
Answer
b. Special
Q160. The alteration in articles must be _________for the benefit of the company as a whole.
a. bona fide
b. Centre
c. inter se
Answer
a. bona fide
Q161. An alteration of articles to effect a conversion of a public company into a private company cannot be made without the approval of the _________
a. Central Government
b. State Government
c. None of these
Answer
a. Central Government
Q162. The articles bind the members_________, i.e., one to another so far as rights and duties arising from the articles are concerned.
a. inter se
b. contractual
c. outsiders
Answer
a. inter se
Q163. The memorandum or articles do not confer any _________rights to outsiders against the company or its members
a. contractual
b. outsiders
c. public
Answer
a. contractual
Q164. Where the directors contravene the provisions of the articles it may affect _________ interest also.
a. outsiders
b. public
c. true perspective
Answer
a. outsiders
Q165. The memorandum and articles, when registered, become _________documents.
a. public
b. true perspective
c. nominal fee
Answer
a. public
Q166. Every person dealing with the company is presumed to have read its articles & memorandum and, understood them in their_________; this is known as ‘Doctrine of Constructive notice.
a. true perspective
b. nominal fee
c. doctrine of constructive notice
Answer
a. true perspective
Q167. After registration Articles and memorandum can be inspected by anyone on payment of a_________
a. nominal fee
b. doctrine of constructive notice
c. doctrine of indoor management
Answer
a. nominal fee
Q168. The _________throws a burden on people entering into contracts with the company that they are presumed to have read the documents.
a. doctrine of constructive notice
b. doctrine of indoor management
c. None of these
Answer
a. doctrine of constructive notice
Q169. The _________allows all those who deal with the company to assume that the provisions of the articles have been observed by the officers of the company.
a. directors
b. doctrine of indoor management
c. prospectus
Answer
b. doctrine of indoor management
Q170. The _________rule does not protect any person, who has actual or constructive notice of the want of authority of the person acting on behalf of the company.
a. doctrine of indoor management
b. prospectus
c. Registrar
Answer
a. doctrine of indoor management
Q171. A document shall be called a _________if it satisfies two things which includes It invites subscriptions to share or debentures or invites deposits and the aforesaid invitation is made to the public.
a. prospectus
b. Registrar
c. directors
Answer
a. prospectus
Q172. A copy of the prospectus duly signed by every director or proposed director must be delivered to the _________before its publication.
a. Registrar
b. directors
c. two
Answer
a. Registrar
Q173. For purposes of registration of a prospectus under s.60, the persons making the offer of sale to the public are to be deemed as _________of the company.
a. Registrar
b. directors
c. Manager
Answer
b. directors
Q174. Where a prospectus contains an untrue statement, every person authorizing its issue is punishable with imprisonment for a term up to _________years.
a. two
b. one
c. three
Answer
a. two
Q175. The ‘Golden Rule’ for framing of a prospectus is that the _________nature of the company’s venture should be disclosed.
a. true
b. omit
c. stock
Answer
a. true
Q176. The persons issuing the prospectus are bound to state everything accurately and not_________material facts
a. omit
b. stock
c. addition
Answer
a. omit
Q177. The term _________ may be defined as the aggregate of fully paid-up shares of a member merged into one fund of equal value.
a. stock
b. SEBI
c. premium
Answer
a. stock