1. Maximum number of members under a private company as provided under the Companies Act, 2013.
A) 50
B) 150
C) 200 ✓
D) No limit
CA Foundation Paper 2
The Companies Act, 2013 MCQ
Chapter 6 • 12 Questions from ICAI Study Material
Questions
12
Est. Time
9 min
Source
ICAI Book
Question 1 of 12 0 correct | 0 wrong
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Sample Questions: The Companies Act, 2013
Preview 8 of 12 MCQs from Chapter 6
2. Document that regulates the management of internal affairs of a company are-
A) Memorandum of Association
B) Prospectus
C) Articles of Association ✓
D) Certificate of incorporation
3. Under the Companies Act, 2013, "Significant influence" constitutes how much % of total share capital or of business decisions under an agreement?
A) At least 2%
B) At least 2.5%
C) At least 10%
D) At least 20% ✓
4. A Private Company which is subsidiary of a Public Company is treated as-
A) Public Company ✓
B) Private Company
C) Holding Company
D) Dormant Company
5. Which one of the following is not the content of the Memorandum of Association?
A) Name clause
B) Registered office clause
C) Objects clause
D) Board of Directors clause. ✓
6. An Act is said to be ultra vires a company when it is beyond the powers.
A) Of the Company ✓
B) Of the Directors
C) Of the Directors but not the company
D) Conferred on the company by the Articles of Association.
7. Turquand Rule is related to:
A) Doctrine of ultra vires
B) Doctrine of constructive notice
C) Doctrine of indoor management ✓
D) Doctrine of subrogation
8. The minimum number of members in a private company and public company are
A) Three and Seven respectively
B) Two and seven respectively ✓
C) Two and nine respectively
D) None of the above