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Registered Company Definition and Features Quiz

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Registered Company Definition and Features Quiz

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Questions and Answers

What is the definition of a company according to Prof. Haney?

An artificial person with limited liability and transferability of shares

A voluntary association with a common seal and capacity to sue and be sued

An incorporated association with a separate entity and perpetual succession (correct)

A separate legal entity with separate property and perpetual succession

According to Section 2(20) of the Companies Act, 2013, what does 'company' mean?

An artificial person with capacity to sue and be sued

An association with perpetual succession and limited liability

A company with separate property and a common seal

A company incorporated under the Companies Act, 2013 or any previous company law (correct)

What is a feature of a registered company as per the text?

Joint stock company

Separate legal entity (correct)

Voluntary association

Artificial person

What was the principle behind Indian company law according to the text?

<p>Adoption of English law relating to companies</p> Signup and view all the answers

What event paved the way for the formation of companies according to the text?

<p>Repeal of the Bubbles Act in 1825</p> Signup and view all the answers

Registered Company Definition and Features Quiz

Choose a study mode

Podcast

Questions and Answers

What is the definition of a company according to Prof. Haney?

According to Section 2(20) of the Companies Act, 2013, what does 'company' mean?

What is a feature of a registered company as per the text?

What was the principle behind Indian company law according to the text?

What event paved the way for the formation of companies according to the text?

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