Deck 5: Title Documents, Share Certificates, and Transfers

Question 1

__________ is a document showing title

A)Share certificate
B)Share warrant
C)Both (a) & (b)
D)None of the above

Answer 1

Both (a) & (b)

Question 2

A share certificate is required to be signed by ___________.

A)managing director
B)shareholders
C)board of directors
D)company secretary

Answer 2

company secretary

Question 3

Which of the following can issue the share warrant

A)Public
B)Private
C)Both (a) & (b)
D)None of the above

Answer 3

Public

Question 4

_________ are attached to the share warrant

A)Dividend coupon
B)Warrant
C)Certificates
D)None of the above

Question 5

C.G. approval is necessary in case of issue of __________

A)Share certificate
B)Share warrant
C)Both (a) & (b)
D)None of the above

Question 6

In case of __________ duplicate can be obtained if it lost

A)Share warrant
B)Share certificate
C)Dividend coupon
D)None of the above

Question 7

Duplicate certificate obtained if original certificate lost in case of.

A)Share Certificate
B)Share warrant
C)Dividend warrant
D)None of these

Question 8

Transfer deed should in Form No.

A)6 B
B)5 B
C)7 B
D)None of these

Question 9

_________ is voluntary passage of the rights and duties of member from a share holder.

A)Transfer
B)Transmission
C)Both (a) & (b)
D)None of the above

Question 10

The person who transfer his rights and duties is called __________

A)Transferee
B)Transferor
C)Promisor
D)Promisee

Question 11

_______ is an instrument of transfer signed by the transferor in which the name & date are not filled.

A)Forged transfer
B)Blank transfer
C)Both (a) & (b)
D)None of the above

Question 12

_______ transfer is null and void

A)Forged
B)Blank
C)Both (a) & (b)
D)None of the above

Question 13

If the ownership of shares goes to another by operation of law is called as _______

A)Transfer
B)Transmission
C)Both (a) & (b)
D)None of the above

Question 14

Transfer is effected by _______

A)Sales
B)Death
C)Insolvency
D)None of the above

Question 15

Transmission is effected by ______

A)Sale
B)Death
C)Insolvency
D)Both (b) & (c)

Question 16

In which of the following stamp duty & consideration not necessary ________

A)Transfer
B)Transmission
C)Both a & b
D)None of the above

Question 17

A share warrant is transferable by _________

A)By Execution of transfer deed
B)By delivery
C)both a and b
D)None of the above

Question 18

Company to accept calls in advance from shareholders they should have permission in

A)MOA
B)AOA
C)BOD
D)None of these

Question 19

Forfeiture can be made only if it is authorized by ________

A)AOA
B)MOA
C)ROC
D)C.G

Question 20

Name of the member is struck off from the register in case of ________

A)Issue of share certificate
B)Share warrant
C)Forfeiture
D)None of the above

Question 21

_________Days be given for payment of call money from the date of service of notice

A)14
B)13
C)12
D)11

Question 22

_________ arises in respect of debt due on shares as well as on other transactions.

A)Forfeiture
B)Lien
C)Both (a) & (b)
D)None of the above

Question 23

Return of partly paid shares by the shareholders to the company is _______

A)Surrender
B)Forfeiture
C)Lien
D)None of the above