Exam 1: Understanding Company Law: Definitions, Regulations, and Operations

See ----------------- of the companies Act, 1956 states that a company means " a company formed and registered under this Act, or an existing company"

A company is a ------------------ of a person who have come together for a common object which generally is to earn profit

The shorter versions of a prospectus is also known as ---------------

Shares can be freely transferable in -----------------

Private company means a company which has a minimum paid up capital of -------------------

If the Articles of a company conflict with the memorandum.

The common seal of the company is the -----------------

The winding up of the company can only be done by the process of -----------------

A public company has been defined in sec.-------------------

Minimum ------------------- persons to constitute a public limited company.

-------------------- Company may be companies limited by shares companies limited guarantee, unlimited companies.

Companies limited by ----------------- are not formed for the purpose of profit but for the promotion of art, science, culture, charity, sports, commerce etc.

Public company means a company which has a minimum paid up capital of Rs.----------------

Accounts of a company must be audited by an ---------------------

The memorandum of Association is a ------------------- of the company.

Anything done under an agreement between the company and third party requires recognition of the company in the form of --------------------

A company is the creation of ---------------------

A company is a ------------------- person

Mean any premises including precincts thereof

During which of the following circumstances can the veil be lifted by the court-