Exam 12: Company Registration and Management: Understanding Articles and Memorandum of Association, Directorship, and Liability

Offers may be invited from the public by issuing a document known as _____

The directors may be held _______ liable on their failure to fulfill the formalities imposed upon them by the Act.

The procedure for change of registered office from one city to another within the same state is by passing ______

Doctrine of constructive notice means _____

The office of a director becomes vacant if he fails to obtain his qualification shares within _____

The maximum remuneration paid to a manager cannot exceed _________ percent of the annual net profit.

________ is subordinate to and controlled by the memorandum of association.

A person cannot hold directorship of more than _______ companies at a time.

Directors are _________ of the Powers conferred on then and they must exercise those powers bonafide and for the benefit of the company.

A elected director can be terminated by the

______ lays down the objects and powers of the company.

The capital with which the company is registered is called the ______

__________ vacancy is caused by resignation, death, insolvency or insanity.

_________ member of directors need to retire every year

_______ lays down the modes in which the objects of the company are to be carried out by the members.

A _______may be defined as a person having control over the affairs, conduct and management of a company.

Articles of Association are not required to be registered in case of ____

The managing directors hold the _______ shares of the company.

The doctrine of indoor Management has its origin in

____________ is the Supreme policy framing and decision making organ of a company.