921. Memorandum of Association has ________ clause
A. 7
B. 10
C. 12
D. 14
✅ The correct answer is option A.
SSC
922. 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.
923. 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.
924. 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.
925. Corporate is person ficta ‘fictitious person’ _______________
A. Concession theory
B. Bracket Theory
C. Fiction theory
D. Feminist theory
✅ The correct answer is option C.
926. 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.
927. 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.
928. The doctrine which says company is collective will and has its real psychic existence is based on __________
A. Fiction Theory.
B. Realist Theory.
C. Bracket Theory.
D. Purpose Theory.
✅ The correct answer is option B.
929. Company act 2013 have __________ number of sections
A. 236
B. 56
C. 470
D. 536
✅ The correct answer is option C.
930. In which one of these cases, the doctrine of ultra vires was laid down ________
A. Ashbury Railway Carriage & Iron Co. Ltd. v/s. Riche.
B. Royal British Bank v/s. Turquand.
C. Derry v/s. Peek
D. Oax v/s. Turquand and Harding.
✅ The correct answer is option A.