6. _____ is the maximum limit of members in case of a Private Company.
a) 2 b) 7 c) 10 d) 50
CO2 K2 7. The _______constitute the top administrative organ of the company.
a) General manager b) Shareholders c) Board of directors d) Advisory panel
CO4 K4 8.
Which of the following companies must file a statement in lieu of prospectus?
a) A private limited company
b) A cooperative society
c) A company that has issued a prospectus
d) A public company that has not issued a prospectus
CO4 K4 9.
Which of the following documents may be changed with retrospective effect?
a) Memorandum of association b) Prospectus
c) Articles of association d) Statement in lieu of prospectus
CO5 K5 10.
Mark out the document that need not be prepared and registered with the registrar of
companies in publiclimited companies.
a) Statutory declaration
b) Memorandum of association
c) Articles of association
d) Directors undertakings to take up and pay for qualification shares
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