LEGAL QUIZ ON COMPANY LAW

NBAI organizes a Legal Quiz for all in-house counsels & lawyers in association with Ideas- Exchange. The 3 lucky winners will get 50% discounted passes to -


 THE LEGAL COUNSEL CONGRESS & AWARDS 2012, 

Date : 18th-19th Jan, 2012
Venue: Taj Lands End, Mumbai

For more details click on

Last date for submission: 8th Jan,2012
Declaration of results     : 12th Jan,2012


Number of Questions : 5


Que. 1. As per SEBI guidelines the application money should be minimum of
  1. 15      
  2. 20      
  3. 10      
  4. 25      

Que. 2. Under which sec. of Companies Act,1956 a private company can automatically converted into a public company ______
  1. 35      
  2. 43      
  3. 53      
  4. 34      

Que. 3. How many members should sign the MOA in case of public company
  1. 1      
  2. 5      
  3. 3      
  4. 7      

Que. 4. The proposed Companies Bill, 2011 will bar non-audit operations of auditors to companies.
  1. True      
  2. False      

Que. 5. Under Companies Act, 1956, fully paid shares that have been legally consolidated is known as
  1. Right Shares      
  2. Equity Shares      
  3. Preference Shares      
  4. Stock