Friends,
Chennai West Study Circle of ICSI- SIRC conduct a quiz on every chapter of Companies Act 2013 in each of its Study Circle meeting since January 2014.
We share the questions that are being asked in the quiz here.
You can give answers to the questions that you know in the Comments section.
Correct answers and the name of the persons who gave the correct answer for most of the questions will be posted tomorrow
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20 Questions on Incorporation
1. As per Companies Act 2013, Every Company shall have Registered office within______ days.
2. If a Company registered with a name similar to a Registered trademark, trademark owner can file a case against them within ___________
3. Alteration of articles shall be filed with ROC within _____ days
4. Central Government shall dispose of applications filed for change of Memorandum within ____ days
5. —Before commencement of any business, a Co. shall file required documents with ROC within…...
6. If the nominee of OPC withdraws or dies, the new nominee to be appointed within
7. Form to be filed for Conversion of Public Company into Private Company & vice versa is _______
8. In a OPC the single member shall be
12. —When shifting the registered office from one state to another, a Director of the Company to give a declaration to protect employees’ interest. What is it?
15. —If a Company has completely changed its activities & if it is not reflecting in its name, it need to change the name within _____ days.
—
16. —A member may demand any particular mode of service to be used for sending documents to him; however he needs to pay the fees for it as fixed by ____
17. —At the time of incorporation, affidavit of each subscriber shall be filed in ______
18. —When a Sec. 8 Company is wound up, its assets shall be transferred to ______ fund.
Chennai West Study Circle of ICSI- SIRC conduct a quiz on every chapter of Companies Act 2013 in each of its Study Circle meeting since January 2014.
We share the questions that are being asked in the quiz here.
You can give answers to the questions that you know in the Comments section.
Correct answers and the name of the persons who gave the correct answer for most of the questions will be posted tomorrow
********************
20 Questions on Incorporation
1. As per Companies Act 2013, Every Company shall have Registered office within______ days.
2. If a Company registered with a name similar to a Registered trademark, trademark owner can file a case against them within ___________
3. Alteration of articles shall be filed with ROC within _____ days
4. Central Government shall dispose of applications filed for change of Memorandum within ____ days
5. —Before commencement of any business, a Co. shall file required documents with ROC within…...
6. If the nominee of OPC withdraws or dies, the new nominee to be appointed within
7. Form to be filed for Conversion of Public Company into Private Company & vice versa is _______
8. In a OPC the single member shall be
a. Natural person
b. Indian Citizen
c. Resident
d. All of the above
9. Which is the Form to be filed for Consent to act as Director?
10. What is meant by Retrenchment of articles?
11. When shall a OPC be compulsorily be converted into a Private Limited Company?
11. When shall a OPC be compulsorily be converted into a Private Limited Company?
12. —When shifting the registered office from one state to another, a Director of the Company to give a declaration to protect employees’ interest. What is it?
13. An individual can incorporate a maximum of _____ OPC.
14. Earlier Sec. 25 Company is now Section _____ Company.
15. —If a Company has completely changed its activities & if it is not reflecting in its name, it need to change the name within _____ days.
—
16. —A member may demand any particular mode of service to be used for sending documents to him; however he needs to pay the fees for it as fixed by ____
17. —At the time of incorporation, affidavit of each subscriber shall be filed in ______
18. —When a Sec. 8 Company is wound up, its assets shall be transferred to ______ fund.
19. —If a Company has changed its name, the old name to be mentioned in all correspondence for a period of _____
20. —As per Sec. 21, _____ is authorized to sign any Contract or document on behalf of the Company.
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Questions prepared by: CS. Mohan Kumar
20. —As per Sec. 21, _____ is authorized to sign any Contract or document on behalf of the Company.
*****
Questions prepared by: CS. Mohan Kumar
1. from 15th day of incorporation
ReplyDelete8. all the above
13.one
14. section 8
6.15 days
10. articles can be altered by majority . is it ?
9. DIR-2
11.when its paid up capital increases more than 50 lakhs
18. IEPF ?
20 KMP ?
1. 15 days
Delete2.
3. 30 days
4. 60 days
5. 180 days of Incorporation
6. 15 days
7.
8. D
9. Dir2
10. (Entrenchment) Restricting to alter provisions of AoA by stipulating higher consent than required by CA 2013
11. 50 lacs paid up capital or 2 chores turnover
12.
13. One
14. Sec 8
15.
16. AoA
17. INC 9
18.
19. 2y
20. KMP or person authorized by board
7.INC 27
Delete12. application an affidavit from the directors of the company that no employee shall be retrenched
1. 15 days of Incorporation sec12
Delete2. 3 years sec 16 (1)(b)
3. 15 days sec 14 (2)
4. 60 days sec 13 (5)
5. 180 days of Incorporation Inc 21 u/s 11 & u/r 24
6. 15 days u/r 4 (3)
7. Inc 27 u/r 33
8. D u/r 3 (1)
9. Dir2 in Dir 12
10. (Entrenchment) Restricting to alter provisions of AoA by stipulating higher consent than required by CA 2013
11. 50 lacs paid up capital or 2 crores turnover u/r 3 (7) & u/r 6
12. Declaration that no employee will be retrenched attached to Inc 23 u/r 30
13. One u/r 3 (2)
14. Sec 8
15. 6 month's u/r 8 (3) of Incorporation rules
16. AGM of Company u/s 20 (2)
17. INC 9 sec 7 (1)(c)
18. Sec 8 (9) Rehabilitation & insolvency fund created u/s 269
19. 2y
20. KMP or person authorized by board
By srikanthreddykolli
Srikanth Reddy Koli: All your answers given above are correct ! Congrats !
DeleteAshwin Venkat: Thanks for attempting as the first person. From the answers you have given 10 & 18 are incorrect. Some of the questions you missed to answer. Kindly see the correct answers given below.
DeleteAnswers:
ReplyDelete1. 15 days
2. Within 3 years from of incorporation or registration or change of name of the company.
3. 15 Days
4. 60 days.
5. 180 days.
6. 30 Days.
7. Form INC-27
8. d. AOTA
9. DIR-2
10. Retrenchment of articles – Specified provision of the articles may be altered only if conditions or procedures as that are more restrictive than those applicable in the case of special resolution are met or complied with.
11. paid up share capital is increased beyond fifty lakh rupees or the last day of the relevant period during which its average annual turnover exceeds two crore rupees as the case may be
12. an affidavit from the directors of the company that no employee shall be retrenched (i.e. giving declaration stating that no employee has lost their job on shifting of registered office) as a consequence of shifting of the registered office from one state to another state and also there shall be an application filed by the company to the Chief Secretary of the concerned State Government or the Union territory.
13. One
14. Section 8 company
15. 15 Days.
16. Fees as may be determined by the company in its AGM.
17. Form INC-9
18. Section 8 (9) may be transferred to another company registered under this section and having similar objects , subjects to such conditions as the tribunal may impose or may be sold and proceeds thereof credited to Rehabilitation and insolvency fund formed u/s 269. Section 8(9) IS NOT NOTIFIED ).
19. 2 years
20. Any KMP or any officer of the company authorised by the board.
---------CS M.KurthalaNathan
Nathan .. you have answered 18 questions right except 6 (15 days) and 15 ( 6 months).
DeleteGood attempt Nathan !
1.15th day of its incorporation
ReplyDelete2. three years from the date of incorporation or registration or change of name
3.15 days
4.30 days
5. 180 days from the date of incorporation
6. 15 days
7. Form INC 22
8. (b),Indian Citizen
9. DIR 2
10. Entrenchment means framing some conditions or additions in AOA other than those mentioned in model AOA of Companies Act 2013.ie., TABLE F
11. Paid up capital exceeds Rs.50 Lakhs or turnover exceeds Rs.2 Crores
12. No Objection letter
13.1
14. Section 8
15.6 Months
16. AGM
17. INC -9
18 .Rehabilitation and Insolvency fund under sec 269
19.2 years
20. KMP or an officer authorised by the board
Vidhya: 16 answers are correct.
DeleteThe wrong ones are :
4- 60 days
7. INC 27
8. All of the above
12. Affidavit that no employees will be retrenched.
Good show. Please participate in future also.
1. 15 days
ReplyDelete2. 3 years of incorporation
3. 15 days
4. 60 days
5. 180 days
6. 15 days
7. INC 27
8. All the above
9. DIR 12
10.
11. PUC exceeds Rs. 50 lakhs, turnover exceeds Rs. 2 crores
12.
13. One
14. Section 8
15. 90 days
16. Company in its AGM
17. INC 9
18. Rehabilitation and insolvency fund
19. 2 years
20. Key managerial personnel
Aishwarya - You have answered 18, all of them are correct.
DeleteKindly see my comment below for the 2 missed out answers.
Very good attempt. Thanks & Please participate in future "20 questions series" as well..
Thank you sir.
Delete1. 15 days
ReplyDelete2. 3 years from the registration or incorp
3. 15 days
4. 30 days not more than 60 days time
5. 180 days from the date of incorporation
6. 15 days
7. INC 27
8. D
9. Dir2 in Dir 12
10. (Entrenchment) Restricting to alter provisions of AoA by stipulating higher consent than required by CA 2013
11. 50 lacs paid up capital or 2 crores turnover u/r 3 (7) & u/r 6
12. Declaration that no employee will be retrenched attached to Inc 23 u/r 30
13. One u/r 3 (2)
14. Sec 8
15. 6 month's u/r 8 (3) of Incorporation rules
16. AGM of Company u/s 20 (2)
17. INC 9 sec 7 (1)(c)
18. Sec 8 (9) Rehabilitation & insolvency fund created u/s 269
19. 2 years
20. KMP or person authorized by board
Venkat : Question 4 alone you had answered with some doubt. The correct answer is 60 days. All others are correct. You are almost correct on all questions. Congrats ! Pl. participate in future also.
Delete1. 30 days section 12(2)
ReplyDelete2. 3 years 16(1)(b)
3. 30 days for special resolution section 117
15 days consequent to conversion 14(2)
4. 60 days for shifting of ro 13(5)
30 days for alteration of objects 13(9)
5. 180 days from date of incorporation 11(3)
6. 15 days
7. INC-27
8. (d) all of the above
9. Dir-12 with attachment of consent in Dir-2
10. Deletion/withdrawal of entrenchment provision u/s 5
11. Within 6 months of pc exceeds INR 50 Lacs or from end of relevant period for to exceeds INR 200 Lacs
12. No employee shall be retrenched consequent to shifting of ro
13. One OPC
14. Section 8
15. 6 months rule 8(3) of chapter 2 incorporation rules
16. Company in its AGM
17. INC-9
18. Rehabilitation and insolvency fund
19. Two years proviso to section 12(3)
20. Kmp or officer of the company authorised by board
Bindu Madhava: 18 answers are correct. Good show !
DeleteIncorrect answers are 3 (15 days) and 10 (Retrenchment explanation)
Friends,
ReplyDeleteThanks a ton for your active participation. This really motivates us to continue this further.
Correct answers to the questions are :
1. 15 days
2. 3 years from incorporation
3. 15 days
4. 60 days
5. 180 days from the date of incorporation
6. 15 days
7. INC 27
8. D. All of the above
9. DIR 12 (To get DIR 2 from Director)
10. Making a restriction that certain clauses of the articles can be amended only with conditions more restrictive than Special resolution.
11. When paid up capital exceeds 50 lakhs or Turnover exceeds 2 crores
12. —Declaration that none of the employees will be retrenched post shifting of Registered office
13. 1 (Including being a nominee)
14. Sec. 8 Company
15. 6 months from the change of activities.
16. AGM
17. INC 9
18. Rehabilitation & Insolvency Fund
19. 2 years
20. KMP