Company Law MCQ's Series

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Practice Test 1

About Company Law

Company law in India is primarily governed by the Companies Act, 2013. It regulates the formation, management, and functioning of companies. The law mandates corporate governance standards, shareholder rights, and corporate social responsibility. It covers various corporate finance aspects, including the issuance of shares, capital structure, financial disclosures, and mergers and acquisitions. Law of corporate finance in India involves raising funds through equity and debt, capital market regulations, and ensuring financial transparency. The Securities and Exchange Board of India (SEBI) plays a crucial role in overseeing securities markets and protecting investor interests, creating a framework for corporate finance activities in the country.

Features of Company Law Multiple Choice Questions (MCQ):

Mixed multiple choice questions (MCQ) covering all important topics of Company Law.
Objective type questions covering important Case-Laws.
Company Law MCQ’s for Law Aspirants preparing for Judicial services, Public Prosecutor exam, UGC NET, AIBE, IBPS Law entry, RBI Grade B (Legal Officer), SEBI Grade ‘A’ Recruitment.
Free Company Law MCQ’s over 2200 objective choice questions.

FAQs

What is Company law in India?

Company law in India governs the formation, operation, and dissolution of companies. It primarily falls under the Companies Act, 2013, and other related regulations.

What are the types of companies in India?

The common types of companies include private limited, public limited, one-person company, and limited liability partnership (LLP).

What is the minimum number of directors and shareholders required to form a company?

A private limited company requires a minimum of two directors and two shareholders, while a public limited company needs at least three directors and seven shareholders.

What is the role of the Registrar of Companies (ROC)?

ROC is responsible for registering and regulating companies and ensuring compliance with company laws.

What are the financial reporting requirements for companies in India?

Companies are required to prepare and file annual financial statements, including balance sheets and profit and loss accounts.