Question

Match the correct pairs:
Group A
a. Private company
b. Public company
e. Common seal
d. Registration of a company
e. Government company

Group B
1. Compulsory
2. Minimum 7 members
3. Maximum 50 members
4. 61% share capital
5. 51% share capital
6. Symbol of a company
7. Optional
8. Simple formation
9. Easy dissolution
10. Hindu succession Act 1956.

Answer 1

a. Private company - 3. Maximum 50 members

b. Public company - 2. Minimum 7 members

c. Common seal - 6. Symbol of a company

d. Registration of a company - 1. Compulsory

e. Government company - 5. 51% share capita

Answer 2

Answer:

(a) Private company - (3) Maximum 50 members

(b) Public company - (2) Minimum 7 members

(c) Common Seal - (6) Symbol of a company

(d) Registration of a company - (1) Compulsory

(e) Government company - (5) 51% share capital

Explanation:

(a) A privately-owned business can have at least two individuals and the most extreme 50 individuals.  

(b) An open organization can have at least seven individuals. However, there is no restriction on the most extreme number of individuals.  

(c) An organization is a counterfeit individual; consequently, it can't sign its records.  

(d) As indicated by the Indian Companies Act 1956, each organization must be enrolled with the Registrar .  

(e) In an administration organization, at least 51% of offer capital is claimed by the legislature and the rest 49% can be possessed by the private players of the market