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).
A company reported net profit ratio of 5% and RoA of 9% on total assets of Rs.90 Lakh. What will be the Total Asset Turnover Ratio of the company?
As per the Companies Act and related Rules, every private company , other than _____, is required to issue securities only in a dematerialised form and ...
As per the Companies Act, NCLAT hear appeals against the orders of ________
What is the quorum required for a Board of Directors meeting according to Companies Act, 2013?
As per Companies Act, 2013, the maximum tenure of secured Debentures is ____
Which among the following acts lays down the law relating to payment of a customer's cheque by a banker and the protection available to a banker?
The capital that is specified in the Memorandum of association of a company is ___________
Which of the following is an example of contract costing?
A company foreited certain equity shares. These were re-issued later in the year. The profit on Forfeiture of these shares would be transferred to whic...
Avinash Ltd needs approves to raise capital through rights issue to its existing shareholders in the ratio of 1:2. If, the market value of the share is ...
