Legal Aspects Of Business - Study Mode
[#791] A company can invest money in another company only if it is so authorised by the following:
Correct Answer
(A) Memorandum of Association
[#792] Study the following statements and marks your answer: The duties of a company secretary at the incorporation stage, among the others, are: I. To file the application with the Registrar II. To secure the certificate of incorporation as early as possible III. To pay to the promoters their remuneration IV. To keep record
Correct Answer
(A) I and IV are correct
[#793] The actions of company will be "ultra vires" if they are not permitted by the following:
Correct Answer
(A) Memorandum of Association
[#794] The Minute Books of company's meetings can be examined by:
Correct Answer
(A) Shareholders without paying any fee
[#795] The quorum of general meeting in the case of a public limited company is:
Correct Answer
(D) 5 members