A. 1
B. 2
C. 3
D. 4
✅ The correct answer is option B.
88. Maximum no .of members in case of public company is
A. 0
B. unlimited
C. 50
D. 100
✅ The correct answer is option B.
85. Ques. The liability of members if company is limited by guarantee.
A. unpaid value of shares
B. guarantee amount
C. unlimited liability
D. none of the above
✅ The correct answer is option B.
82. Which one of the following has a right to claim compensation for any loss due to mis-statement in prospectus
A. purchasing shares in primary market
B. secondary market
C. subscribers to memo
D. all the above
✅ The correct answer is option A.
79. ______ years of imprisonment will be imposed in case of issue of prospectus with untrue statements
A. 1
B. 2
C. 3
D. 4
✅ The correct answer is option B.
76. Forfeiture can be made only if it is authorized by ______
A. aoa
B. moa
C. roc
D. c.g
✅ The correct answer is option B.
73. Name of the member is struck off from the register in case of____________
A. issue of share certificate
B. share warrant
C. forfeiture
D. none of the above
✅ The correct answer is option B.
71. A company can become a members of another company if it is so authorized by______
A. moa
B. aoa
C. both (a) & (b)
D. none of the above
✅ The correct answer is option A.
69. Validity period of information memorandum is___________
A. 1 year
B. 2 years
C. 3 years
D. 4 years
✅ The correct answer is option A.
67. Central Government permission is required in case of_____ conversion____
A. private to public
B. public to private
C. both (a) or (b)
D. none of the above
✅ The correct answer is option B.