CS exam query

A company is —
(a) A voluntary association for profit
(b) A compulsory association for profit
(c) A statutory association for profit
(d) None of the above.

 

anyone have idea?
 

Replies (4)

(c) A statutory association for profit............ I guess...

Originally posted by : Ganga

A company is —
(a) A voluntary association for profit
(b) A compulsory association for profit
(c) A statutory association for profit
(d) None of the above.

 

anyone have idea?
 

Voluntary association for profit. 

agreed to g.k.

thanks everyone for ue answer do you have idea of these qs?

Section 125 requires a company to file prescribed particulars of charge after the date of creation of a charge
with the Registrar of Companies within —
(a) 30 Days
(b) 60 Days
(c) 90 Days
(d) None of the above.

Change of registered office of a company from one city to another city in the same State but falling under the
jurisdiction of two Registrars of Companies is required to be approved by the —
(a) Central
(b) Registrar of Companies
(c) Regional director
(d) Company Law Board.

A public company can be converted into a private company only after the approval of the —
(a) High Court
(b) State Government
(c) Central Government
(d) Company Law Board.

As per the Companies Act, 1956, the types of resolutions to be passed by the shareholders are —
(a) 5
(b) 4
(c) 2
(d) 3.

(i) Without the consent of the general meeting, the Board of directors can borrow subject to a maximum
of __________.

(ii) A __________ though entitled to attend a general meeting and vote on a poll, but cannot participate in the
discussion.

(iii) Besides making and loans, a company can also provide __________ and security to another
company.

(iv) A sole buying agent who holds a beneficial interest of 5% or Rs.__________ or more in the shares in a
company can be appointed only by passing a special resolution and prior approval of the Central
Government.
(0)
(v) A promoter can earn profit out of sale of his own property to the company by making __________, otherwise
he has to for the profits to the company.

(vi) An issue of debentures by a listed public company needs to maintain postissue debt equity ratio of 2:1 as
per __________.

(vii) Allotment of shares in a public issue without receiving minimum subscriptttion amounts to __________.

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