Question
Which of the following is not a characteristic of a
private limited company under Companies Act, 2013?Solution
As per Companies Act, 2013 a private company is one that: • Restricts the right to transfer shares freely • has minimum 2 members • can have a maximum of 200 members • has minimum 2 directors • uses words “Private limited” in its name To register under the Act, such a company should state a minimum authorised capital of Rs. 1 lakh (note – minimum paid up capital requirement was removed).
Under Section 11(4)(a) of the Environment (Protection) Act, 1986, if occupier wilfully absents himself when sample is taken:
According to the provisions of the Contract Act, what happens when a proposal is accepted?
An amendment to the constitution is__________.
According to the IBC if the operational creditor does not receive payment from the corporate debtor or notice of the dispute, the operational creditor m...
Which of the following is not true about lawful questions that can be asked in a cross-examination?
As per Regulation 8 of SEBI (Prohibition of Fraudulent and Unfair Trade Practices Relating to Securities Market) Regulations, 2003, what is the duty of ...
What constitutes the use of criminal force under the Bharatiya Nyaya Sanhita?
What is the composition of the Supreme Court Legal Services Committee as per the Legal Services Authority Act?
(PYQ) Under the Negotiable Instruments Act, 1881, a "Cheque" is defined as a Bill of Exchange drawn on a:
Section 13 Government Analysts under the Environment (Protection) Act, 1986 analyse samples sent to laboratories established under:
