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SANJAY JAIN
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SANJAY JAIN

Studied Accounting Technician Certified at ICAI
Director at Save Classes
Live in Meerut,India, Uttar Pradesh
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Wide Experience of teaching CA students at all streams Founder of IPC institute ...
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  • Studied Accounting Technician Certified at ICAI
  • Director at Save Classes
  • Lives in Meerut, Uttar Pradesh
SANJAY JAIN
27 Jul 2020 08:32 AM study24x7 study24x7

After incorporation of company, if it is found that false or incorrect particulars were submitted or material information was suppressed at the time of incorporation of company, NCLT may on application pass order:

A

To direct regularization

B

To remove name of company from register

C

Either (a) or (b)

D

Neither (a) nor (b)

Finance/CA Commerce Law
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SANJAY JAIN
27 Jul 2020 08:31 AM study24x7 study24x7

At the time of incorporation of company, a declaration is given by the ........................... is give

A

Subscriber of MOA

B

Subscriber of AOA

C

First directors

D

All of the above

Finance/CA Commerce Law
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SANJAY JAIN
27 Jul 2020 08:29 AM study24x7 study24x7

To convert section 8 company into company of any other kind as per Rules 21-22 of Companies (Incorporation) Rules, 2014, application shall be made by company to Regional Director (RD) in Form Inc 18. Within one week from submitting an application to RD, publish notice in Form INC...

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A

Central Government

B

Chief Secretary of State where registered office of company is situated

C

All members

D

Regional Director

Finance/CA Commerce Law
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SANJAY JAIN
27 Jul 2020 08:27 AM study24x7 study24x7

To convert section 8 company into company of any other kind as per Rule 21-22 of Companies (Incorporation) Rules, 2014, application shall be made by company to . ...........................

A

Registrar of Companies

B

Regional Director

C

Central Government

D

Chief Secretary of State where company is having registered office

Finance/CA Commerce Law
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SANJAY JAIN
27 Jul 2020 08:25 AM study24x7 study24x7

Certificate of Incorporation is issued by Registrar of Companies in ........................... .

A

Form INC 12

B

Form INC 7

C

Form INC 11

D

Form INC 8

Finance/CA Commerce Law
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SANJAY JAIN
27 Jul 2020 08:24 AM study24x7 study24x7

One Person Company is required to give intimation when it crosses threshold in terms of ........................... .

A

Share Capital of ? 50 lakhs

B

Average annual Turnover during three preceding financial years of ? 2 crores

C

Either (a) or (b)

D

Both (a) and (b)

Finance/CA Commerce Law
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SANJAY JAIN
27 Jul 2020 08:22 AM study24x7 study24x7

Which of the following is correct with reference to conversion of one type of company into other type of company?

A

Section 8 company into private company

B

Company limited by guarantee into company limited by shares

C

Both of the above

D

None of the above

Finance/CA Commerce Law
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SANJAY JAIN
27 Jul 2020 08:21 AM study24x7 study24x7

Which of the following is incorrect with reference to conversion of one type of company into other type of company?

A

Private company can be converted into OPC.

B

Section 8 company can be converted into OPC.

C

OPC can be converted into private company.

D

Both (b) and (c)

Finance/CA Commerce Law
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SANJAY JAIN
27 Jul 2020 08:19 AM study24x7 study24x7

Which of the following statement(s) is/are correct?

A

Persons acting in professional capacity are not regarded as promoters.

B

Person who provides loan to company to start its business cannot be regarded as promoter

C

Both of the above

D

None of the above

Finance/CA Commerce Law
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SANJAY JAIN
27 Jul 2020 08:18 AM study24x7 study24x7

Which of the following form shall be filed when there is change in nominee in case of OPC?

A

Form INC-1

B

Form INC-2

C

Form INC-3

D

Form INC-4

Finance/CA Commerce Law
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