Company Law Basics

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6 Questions

What is the primary document that contains the rules and regulations for the internal management of a company?

Articles of Association

What is the legal document that sets out the company's constitution and objectives?

Memorandum of Association

Which type of company is considered a separate legal entity from its owners and is liable for its own debts?

Public Limited Company

What is the primary legislation governing companies in India?

The Companies Act, 2013

Which document outlines the company's objectives and the extent of its powers?

Memorandum of Association

What is the legal term for ending the existence of a company?

Winding up

Test your knowledge of company law with this quiz covering the basic principles of The Companies Act, 2013, including nature and types of companies, formation, memorandum and articles of association, prospectus, directors' powers, duties, and liabilities, as well as winding up of companies and corporate governance.

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