Companies Act, 2013 Book Back Questions

12th Standard EM

    Reg.No. :
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Commerce

Time : 00:45:00 Hrs
Total Marks : 30
    5 x 1 = 5
  1. How does a person who envisages the idea to form a company called?

    (a)

    Director

    (b)

    Company Secretary

    (c)

    Registar

    (d)

    Promoter

  2. Specify the document which comes under the Negotiable Instrument Act.

    (a)

    Share Certificate

    (b)

    Share

    (c)

    Share Warrant

    (d)

    Stock

  3. The shares which are offered to the existing shareholder at free of cost is known as _______

    (a)

    Bonus Share

    (b)

    Equity Share

    (c)

    Right Share

    (d)

    Preference Share

  4. The shares which are offered first to the existing shareholder at reduced price is known as ______

    (a)

    Bonus Share

    (b)

    Equity Share

    (c)

    Right Share

    (d)

    Preference Share

  5. The Companies Act 2013 Prohibits the issue of shares at__________ to the public.

    (a)

    Premium

    (b)

    Par

    (c)

    Discount

    (d)

    Both at par and Premium

  6. 3 x 2 = 6
  7. What is Right Shares?

  8. Define Share Warrant.

  9. Whatis Debentures?

  10. 3 x 3 = 9
  11. What do you understand by Issue of Securities at Premium?

  12. What is issue of shares at discount? What conditions should be fulfilled?

  13. State condition stipulated for capital subscription at the time of promotion.

  14. 2 x 5 = 10
  15. What are the various kinds of Debentures?

  16. What formalities need to be fulfilled for a companies having share capital to commence business? 

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