5 Questions
Which type of company can have a maximum of 50 members?
Private company
What is the minimum number of days a person must be a resident in India to be considered eligible to become a member of a company?
120 days
How many layers of subsidiaries are allowed for a company?
2 layers
Within how many days should a duplicate share certificate be issued by an unlisted company?
30 days
What is the time limit for making an appeal against a variation to the National Company Law Tribunal (NCLT)?
21 days
Test your knowledge of Company Law limits with this comprehensive chart quiz. Covering sections 1 to 148 and focusing on topics such as illegal maximum membership, association with associate companies, significant influence, small private companies, and more. Perfect for those preparing for the November 2023 attempt.
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