CAF-7 | Ch-1 | Company: introduction, types and registration

CAF-7 Ch-1 Company: introduction, types and registration

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CAF-7 Company Law Quiz offered for the ICAP CA students.

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  1. Question 1 of 20
    1. Question
    1 points
    Category: CAF7

    Which type of business structure is created by a process of incorporation

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  2. Question 2 of 20
    2. Question
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    Category: CAF7

    Body corporate or corporation includes

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  3. Question 3 of 20
    3. Question
    1 points
    Category: CAF7

    “Men may come and men may go but the company exist”. This explain which characteristics of the company as per the Companies Act, 2017.

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  4. Question 4 of 20
    4. Question
    1 points
    Category: CAF7

    What is separate legal personality

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  5. Question 5 of 20
    5. Question
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    Category: CAF7

    The effects of separate legal personality are

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  6. Question 6 of 20
    6. Question
    1 points
    Category: CAF7

    The concept of limited liability applies to

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  7. Question 7 of 20
    7. Question
    1 points
    Category: CAF7

    If a limited company is unable to pay its debts, it may be forced into liquidations. The assets of the company will then be used to pay some of its unpaid liabilities and

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  8. Question 8 of 20
    8. Question
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    Category: CAF7

    Limited liability applies to

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  9. Question 9 of 20
    9. Question
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    Category: CAF7

    The directors and other officers of the company act on behalf of the company, and provided that they act within their powers,

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  10. Question 10 of 20
    10. Question
    1 points
    Category: CAF7

    Company law includes

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  11. Question 11 of 20
    11. Question
    1 points
    Category: CAF7

    Public listed company means

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  12. Question 12 of 20
    12. Question
    1 points
    Category: CAF7

    Private company other than single member company can be registered by

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  13. Question 13 of 20
    13. Question
    1 points
    Category: CAF7

    A company or body corporate which exercises or controls more than one-half of the voting securities of any other company or controls the composition of the board of such other company is known as

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  14. Question 14 of 20
    14. Question
    1 points
    Category: CAF7

    License to the association not for profit shall be granted by the commission on the fulfillment of certain conditions. Choose the incorrect one.

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  15. Question 15 of 20
    15. Question
    1 points
    Category: CAF7

    SECP has been vested with lot of powers under the Companies Act, 2017 and it has got powers to regulate the affairs of

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  16. Question 16 of 20
    16. Question
    1 points
    Category: CAF7

    Registration of a company is actually the registration of its constitution i.e.

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  17. Question 17 of 20
    17. Question
    1 points
    Category: CAF7

    Registration of memorandum and articles means the registration of the company. The registrar after registering the company shall issue a certificate of incorporation, which shall state.

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  18. Question 18 of 20
    18. Question
    1 points
    Category: CAF7

    Which of the following is obligated to be registered under Companies Act, 2017:

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  19. Question 19 of 20
    19. Question
    1 points
    Category: CAF7

    Any _______________ persons associated for any lawful purpose may, by subscribing their names to a memorandum of association and complying with the requirements of the Act in respect of registration, form a public company.

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  20. Question 20 of 20
    20. Question
    1 points
    Category: CAF7

    Under the provisions of the Companies Act, 2017, the composition of a company’s board shall be deemed to be controlled by another company if that other company by exercise of power exercisable by it at its discretion can:

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