Business Law

381. Shares can be freely transferable in ______________

1. Public company
2. Private company
3. Registered company
4. Government company

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382. If the Articles of a company conflict with the memorandum.

1. The articles shall prevail
2. The memorandum shall prevail
3. The directors will resolve the conflict
4. The court will resolve the conflict.

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383. Which Doctrine seeks to promote the company from the outsiders?

1. The doctrine of indoor management
2. The doctrine of Ultra virus
3. The doctrine of constructive notice
4. None of these.

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384. Sec.25 related to ______________ companies

1. Holding
2. Licensed
3. Subsidiary
4. Existing

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385. When one company controls the management of another company, the format is called a ______________ company

1. Existing
2. Holding
3. Subsidiary
4. Licensed

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386. A Public company May issue a prospectus called ______________

1. Red herring Prospectus
2. Shelf prospectus
3. A bridged prospectus
4. Deemed prospectus

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387. ______________ is a person who holds the shares for the benefit persons

1. Trustee
2. Member
3. Shareholder
4. Company

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388. The history of the Indian Company Law began in the year of

1. 1850
2. 1908
3. 1913
4. 1956

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389. ______________ is compulsory for unlimited companies, private companies limited by guarantee.

1. Memorandum of association
2. Articles of Association
3. Prospectus
4. Statement in lieu

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390. The annual return should be filed by a company with the Registrar within the date of the annual general meeting of the company.

1. 40
2. 60
3. 30
4. 50

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