List of top Commerce Questions on Company Law asked in CUET (PG)

As per Section 52 of Companies Act 2013, the securities premium account can be utilized for which of the following purpose? A. Issue of partly paid bonus share
B. Writing off preliminary expenses
C. Writing off issue expenses
D. Premium payable on redemption of preference share/debenture
E. Buy-back of its own shares or securities under Section 68
Which of the following are correct in respect of Quorum required to hold a valid General Meeting of a company? A. For a Public company, minimum 5 members personally present in case number of members is not more than 1000.
B. For a Public Company, minimum 20 members personally present, when number is more than 1,000 but up to 5,000.
C. For a Public Company, minimum 30 members personally present, when number of members is more than 5,000.
D. In case of Private Company, minimum 3 members personally present.
E. One member may constitute a valid Quorum in case Tribunal calls or directs the calling of a general meeting.
Match List - I with List - II:
Arrange the following steps of incorporation of a company in chronological order:
A. Obtain certificate of incorporation
B. Drafting and signing of MoA and AoA
C. Consent of person nominated as directors
D. Reservation of name by filling an application
E. Pay fees and amount of stamp duty
"Every person dealing with the company is presumed to have read the memorandum and articles of associations and understood them in their true perspective, irrespective of the fact whether one has actually read them or not." The underlying doctrine in this regard is known as
Which of the following lays down that the affairs of the company are conducted perfectly consistent with the articles of association of the company, consequently the persons dealing with them are not to be affected by any irregularity which might have taken place in the management of the company?
Which of the following lays down that the affairs of the company are conducted perfectly consistent with the articles of association of the company, consequently the persons dealing with them are not to be affected by any irregularity which might have taken place in the management of the company?
"Every person dealing with the company is presumed to have read the memorandum and articles of associations and understood them in their true perspective, irrespective of the fact whether one has actually read them or not." The underlying doctrine in this regard is known as