CLSP - MCQ

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CLSP - MCQ

ARTICLES OF ASSOCIATION

1. public company must have at least————- directors whereas a private company must have at
least ——————-directors.

(a) 3;2
(b) 2;3  
(C)2;5
(d)8;10

Answer: A

2.Which of the following company is incorporated in a country outside India?

(a) Private Company


(b) Foreign Companies
(c) Government Company
(d) None of the above

Answer: B

3. Which documents contains the constitution of a company?

(a) Memorandum of Association

(b) Articles of Association

(c) Both (a) and (b)

(d) None of these

Answer: A

4. Mark out the type of alteration that is permitted in the articles of association____.

a) that may not be in the company’s interest .


b) that is contrary to the provisions of the companies act.
c) that increases a members liability without his written consent .
d) that is consistent with the memorandum of association .

ANSWER: D

5. _________ companies must have their own Articles.

a) Government companies.
b) Unlimited companies.
c) Companies limited by shares.
d) Registered companies.

ANSWER: B

6. The rules and regulations for the internal management of a company are contained in its___.

a) prospectus .
b) annual report .
c) memorandum of association .
d) articles of association .

ANSWER: D

7. Mark out the document that need not be prepared and registered with the registrar of companies
in public limited companies.

a) statutory declaration
b) memorandum of association .
c) articles of association .
d) d. directors undertakings to take up and pay for qualification shares.

ANSWER: C

8. 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

ANSWER: C

9. The articles of association can be altered by____________.

a) a resolution of the board of directors .


b) an ordinary resolution in general meeting .
c) a special resolution in general meeting .
d) obtaining permission from the company law board .
ANSWER: C

10. If public company limited by shares does not have its own Articles, it may adopt ______.

a) table a in schedule i to the act.


b) table b in schedule i to the act .
c) table c in schedule i to the act .
d) table d in schedule i to the act .

ANSWER: A

11. Which one of the following includes content of articles of association

a) Directors, their appointment, powers and duties


b) Meeting and Minutes, Notices
c) Accounts and Audit
d) All of them

ANSWER: D

12. ‘Articles of Association’ is the main document of the company. (True/False)

ANSWER: False

13. Every company must file Articles of Association. (True/False)

ANSWER: False
14. A subordinate document to the Memorandum of Association is the Articles of Association.
(True/False).

ANSWER: True

15. Table F of schedule 1 to the Companies Act, 2013 contains the formats of _______ .

a) AOA of company limited by shares


b) MOA of company limited by shares
c) AOA and MOA company limited by shares
d) Company limited by shares

ANSWER: A

16. Table A is a model of ______ given in Companies Act.

ANSWER: Articles of Association

17. The article of association of a company available under ______ document section on ministry of
corporate affairs portal

a) Public
b) Private
c) Registered
d) Unregistered

ANSWER: A

18. A general meetings need to be held with the shareholders and they need to pass a special
resolution. This requires at least _____ of the vote share agreeing to the proposed changes.

a) 76%
b) 74%
c) 75%
d) 73%

ANSWER: C

19. The new articles must then be sent to Companies House, along with proof of the special
resolution, and any required forms within _____ days.

a) 16
b) 14
c) 15
d) 13

ANSWER: C

20. The Court does not have any power to order alteration of the _________

a) AOA
b) MOA
c) Statutory declaration
d) Prospectus

ANSWER: A

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