1001. ___ is issued in acknowledgement of any indebtedness October 4, 2025 by Admin A. debenture certificate B. share certificate C. share warrant D. none of the above ✅ The correct answer is option A.
1002. Debentures payable to person whose name appears both on Debenture Certificate and company’s register is called October 4, 2025 by Admin A. bearer B. unregistered C. registered D. none of the above ✅ The correct answer is option C.
1003. Which of the following is not a member of a company? October 4, 2025 by Admin A. partnership firm B. foreigner C. government D. huf ✅ The correct answer is option A.
1004. Minimum no. of Directors in case of a public company is ___ October 4, 2025 by Admin A. 1 B. 2 C. 3 D. 4 ✅ The correct answer is option C.
1005. Share warrants can be issued with the prior approval of the____ October 4, 2025 by Admin A. company law board B. dept of company affairs C. registrar D. none ✅ The correct answer is option C.
1006. The lending of funds ultra vires, the company has no rights October 4, 2025 by Admin A. under the company’s act B. contract act C. under equity D. none of the above ✅ The correct answer is option A.
1007. A share warrant is transferable by ____________ October 4, 2025 by Admin A. by execution of transfer deed B. by delivery C. both (a) and (b) D. none of the above ✅ The correct answer is option B.
1008. The company must deliver share certificate within______ if the shares applied for transfer. October 4, 2025 by Admin A. 3 months B. 2 months C. 5 months D. none of these ✅ The correct answer is option B.
1009. Where the registrar strikes off the register the name of a company as a defunct one, the court has the power to order restoration of name with in: October 4, 2025 by Admin A. 5 years B. 7 years C. 10 years D. 20 years ✅ The correct answer is option C.
1010. Minimum paid up share capital in case of a public company is _____ October 4, 2025 by Admin A. 1 lakh B. 3 lakhs C. 5 lakhs D. 7 lakhs ✅ The correct answer is option C.