300+ TOP Companies Act 2013 MCQs and Answers 2021

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7/15/2021 300+ TOP Companies Act 2013 MCQs and answers 2021

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Companies Act 2013 MCQs and answers
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300+ TOP Companies Act 2013 Male

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Companies Act 2013 Multiple Choice Questions


1. Abridged prospectus means__________

(a) The standards of accounting or any addendum thereto for


companies or class of companies referred to in section 133

(b) The articles of association of a company as originally framed or


as altered from time to time or applied in pursuance of any previous
company law or of this Act

(c) A memorandum containing such salient features of a


prospectus as may be specified by the Securities and Exchange
Board by making regulations in this behalf

(d) The standards of auditing or any addendum thereto for


companies or class of companies referred to in sub-section (10) of
section 143

2. ________________means a company having the


liability of its members limited by the memorandum to
the amount, if any, unpaid on the shares respectively held
by them.

(a) Company limited by guarantee

(b) Company limited by shares

(c) Both (a) and (b)

(d) None of these

3. Company Liquidator, in so far as it relates to the


winding up of a company, means a person appointed by—

(a) The Tribunal in case of winding up by the Tribunal;

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7/15/2021 300+ TOP Companies Act 2013 MCQs and answers 2021

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(b) The company or creditors in case of voluntary winding up,

(c) Both (a) and (b)

(d) None of these

4. The minimum number of members that required while


you are registering a public company is___

(a) 2

(b) 6

(c) 7

(d) 5

5. The minimum number of members that required while


you are registering a private company is___

(a) 5

(b) 7

(c) 4

(d) 2

6. where the company to be formed is to be One Person


Company that is to say, a _

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7/15/2021 300+ TOP Companies Act 2013 MCQs and answers 2021

(a) Public Company

(b) Private company

(c) Both (a) and (b)

(d) None of the above

7. The memorandum of a company is dealt under ?

(a) section 12

(b) section 15

(c) section 6

(d) section 4

8. A company may adopt all or any of the regulations


contained in the model articles applicable to such a
company.

(a) True

(b) False

(c)Partly True

(d) Partly False

9. All monies payable by any member to the company


under the memorandum or articles shall be a debt due
from him to_______

(a) Member

(b)The company

(c)Both (a) and (b)

(d) None of the above

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7/15/2021 300+ TOP Companies Act 2013 MCQs and answers 2021

10. The company shall furnish to the Registrar


verification of its registered office within a period of
________ of its incorporation in such manner as may be
prescribed.

(a)60 days

(b)45 days

(c) 30 days

(d)15 days

11. Section 203 of the Companies Act 2013 deals with___?

a) Managing director,

b) Company secretary

c) Chief Financial Officer

d) All of the above

12. Section 123 of the Companies Act 2013 deals with___?

a) Unpaid Dividend Account

b) Declaration of dividend

c) Remuneration of auditors

d) Auditors to attend general meeting

13.What is the punishment for the company If any of the


provisions of sections 139 to 146 is contravened?

a. Fine of Rs. 25000 up to 3 lakh rupees.

b.Fine of Rs. 20000 up to 2 lakh rupees.

c.Fine of Rs. 25000 up to 5 lakh rupees.

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7/15/2021 300+ TOP Companies Act 2013 MCQs and answers 2021

d.Fine of Rs. 10000 up to 5 lakh rupees.

14.What is the punishment for an individual or director


of a company If any of the provisions of sections 139 to
146 is contravened?

a. Imprisonment for a term which may extend to six months and


Fine up to Rs. 50000 rupees.

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b. Imprisonment for a term which may extend to one year and Fine
up to Rs. 50000 rupees.

c.Imprisonment for a term which may extend to two months and


Fine up to Rs. 50000 rupees.

d.Imprisonment for a term which may extend to six months and


Fine up to Rs. one lakh rupees.

15. Section 270 of the Companies Act 2013 deals with___?


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7/15/2021 300+ TOP Companies Act 2013 MCQs and answers 2021

a) Rehabilitation and insolvency fund

b) Declaration of dividend

c) Remuneration of auditors

d) Modes of winding up

16. When did The Companies act 2013, come into force?

A) 01 April 2013

B) 01 March 2014

C) 01 May 2013

D) 30th August 2013

17. Which section of The Companies act 2013 deals with


the Effect of registration?

A. Section 12 of The Companies act 2013

B. Section 9 of The Companies act 2013

C. Section 14 of The Companies act 2013

D. Section 20 of The Companies act 2013

18. Which section of The Companies act 2013 deals with


Rectification of the name of the company_ ?

A. Section 16 of The Companies act 2013

B. Section 14 of The Companies act 2013

C. Section 13 of The Companies act 2013

D. Section 18 of The Companies act 2013

19. Section 25 of The Companies act 2013 deals


with_______?

A. Alteration of memorandum

B. Document containing offer of securities for sale to be deemed


prospectus.

C..Advertisement of prospectus

D.Service of documents

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7/15/2021 300+ TOP Companies Act 2013 MCQs and answers 2021

20. Authentication of documents, proceedings and


contracts, is provided in section____ of The Companies
act 2013

A. Section 24 of The Companies act 2013

B. Section 22 of The Companies act 2013

C. Section 21 of The Companies act 2013

D. Section 23 of The Companies act 2013

21. Section 29 of The Companies act 2013 provides _?

A.Public offer of securities to be in dematerialized form

B.Alteration of articles

C.Registered office of the company

D.Red herring prospectus

22. Which section of The Companies act 2013 deals with


Company to accept unpaid share capital, although not
called up?

A. Section 47 of The Companies act 2013

B. Section 44 of The Companies act 2013

C. Section 50 of The Companies act 2013

D. Section 49 of The Companies act 2013

23. Section 12 of The Companies act 2013 deals


with_______?

A.Registered office of the company

B.Formation of company

C.Service of documents

D. Articles

24. Which section of The Companies act 2013 deals with


the Prohibition on acceptance of deposits from public?

A. Section 73 of The Companies act 2013

B. Section 79 of The Companies act 2013

C. Section 74 of The Companies act 2013

D. Section 75 of The Companies act 2013

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7/15/2021 300+ TOP Companies Act 2013 MCQs and answers 2021

25. Section 10 of The Companies act 2013 deals


with_______?

A. Incorporation of company

B. Execution of bills of exchange

C. Effect of memorandum and articles

D. . Shelf prospectus

Companies Act 2013 Objective Questions with Answers Pdf


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