Government Department Secretary Quiz
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Questions and Answers

What professionals do promoters seek help from to finalize the draft Memorandum and Articles of Association?

Company Secretary, legal experts, accountants

When a proposed public company wants to list itself with stock exchanges, what should the promoters do?

Send a copy of the draft Memorandum and Articles of Association to the stock exchanges for review and suggestions

Who should sign the Memorandum and Articles of Association?

Each subscriber to the Memorandum

What is required to be done after signing the Memorandum and Articles of Association?

<p>Stamping as per the Indian Stamp Act, 1899</p> Signup and view all the answers

What determines the stamp duty required for the Memorandum and Articles of Association?

<p>Authorized share capital of the company</p> Signup and view all the answers

When should the date be present on the Memorandum and Articles of Association?

<p>It may be the stamping date or any other date after stamping</p> Signup and view all the answers

What should be done at the time of Incorporation regarding stamp duty?

<p>Pay the due stamp duty</p> Signup and view all the answers

What document should be prepared to list the first directors of the company?

<p>Consent of Directors</p> Signup and view all the answers

What details of the first directors should be included in the list?

<p>Personal details, DIN, Proof of identity, interest in other firms or companies</p> Signup and view all the answers

In the process of incorporating a company, what is the importance of the written consent of the first directors?

<p>It is needed to confirm their agreement to be directors</p> Signup and view all the answers

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