A. 5
B. 30
C. 100
D. 365
✅ The correct answer is option B.
Company Law
42. Ques. Companies are now allotted a_________ in addition to their name
A. PAN
B. SIN
C. PIN
D. CIN
✅ The correct answer is option D.
43. The rule of constructive notice seeks to protect_____________
A. The company against the outsiders.
B. Shareholders against the company.
C. Outsiders against the company.
D. Directors against the outsiders.
✅ The correct answer is option A.
44. Memorandum of Association has ________ clause
A. 7
B. 10
C. 12
D. 14
✅ The correct answer is option A.
45. The doctrine of Indoor Management seeks to protect _____________
A. Outsiders against the company.
B. Sanctioned by the Registrar of the companies.
C. Authorised by Board of Directors.
D. Allowed by Memorandum of Association.
✅ The correct answer is option A.
46. Public limited company paid up capital share is Rupees ______________
A. 50,000
B. 5,00,000
C. 1,00,000
D. 1,50,000
✅ The correct answer is option B.
47. Which of the firm must not have Articles of Association? _______________
A. Unlimited Companies,
B. Companies limited by guarantee
C. Private companies limited by shares must have Articles of Association.
D. LLP
✅ The correct answer is option D.
48. Corporate is person ficta ‘fictitious person’ _______________
A. Concession theory
B. Bracket Theory
C. Fiction theory
D. Feminist theory
✅ The correct answer is option C.
49. If direction to change the name of the company is given by the Central Government, the Company must change its name within ______________
A. One month
B. Two months
C. Three months
D. Six months
✅ The correct answer is option C.
50. Theory which gives explanation to ‘lifting the corporate Veil” is _______
A. Concession theory
B. Bracket Theory
C. Fiction theory
D. Feminist theory
✅ The correct answer is option B.