MCQs On Companies Act 2013

In this article we are providing MCQs On Companies Act,2013. MCQ on Companies Act, MCQS on Company Law, Company act, company law mcq

MCQs On Companies Act,2013

1. Abridged prospectus means__________

(a) The standards of accounting or any addendum thereto for companies or class of companies referred to in section 133

(b) The articles of association of a company as originally framed or as altered from time to time or applied in pursuance of any previous company law or of this Act

(c) A memorandum containing such salient features of a prospectus as may be specified by the Securities and Exchange Board by making regulations in this behalf

(d) The standards of auditing or any addendum thereto for companies or class of companies referred to in sub-section (10) of section 143

Answer: A memorandum containing such salient features of a prospectus as may be specified by the Securities and Exchange Board by making regulations in this behalf

2. ________________means a company having the liability of its members limited by the memorandum to the amount, if any, unpaid on the shares respectively held by them.

(a) Company limited by guarantee

(b) Company limited by shares

(c) Both (a) and (b)

(d) None of these

Answer: Company limited by shares

3. Company Liquidator, in so far as it relates to the winding up of a company, means a person appointed by—

(a) The Tribunal in case of winding up by the Tribunal;

(b) The company or creditors in case of voluntary winding up,

(c) Both (a) and (b)

(d) None of these

Answer: Both (a) and (b)

4. The minimum number of members that required while you are registering a public company is___

(a) 2

(b) 6

(c) 7

(d) 5

Answer: 7

5. The minimum number of members that required while you are registering a private company is___

(a) 5

(b) 7

(c) 4

(d) 2

Answer:2

MCQs On Companies Act 2013

6. where the company to be formed is to be One Person Company that is to say, a _

(a) Public Company

(b) Private company

(c) Both (a) and (b)

(d) None of the above

Answer: Private company

7. The memorandum of a company is dealt under ?

(a) section 12

(b) section  15

(c) section 6

(d) section 4

Answer: section 4

8. A company may adopt all or any of the regulations contained in the model articles applicable to such a company.

(a) True

(b) False

(c)Partly True

(d) Partly False

Answer: True

9. All monies payable by any member to the company under the memorandum or articles shall be a debt due from him to_______

(a) Member

(b)The company

(c)Both (a) and (b)

(d) None of the above

Answer: The Company

10. The company shall furnish to the Registrar verification of its registered office within a period of ________ of its incorporation in such manner as may be prescribed.

(a)60 days

(b)45 days

(c) 30 days

(d)15 days

Answer: 30 days

MCQs On Companies Act 2013

  1. Section 203 of the Companies Act 2013 deals with___?
    a) Managing director,
    b) Company secretary
    c) Chief Financial Officer
    d) All of the above

Answer- d) All of the above

  1. Section 123 of the Companies Act 2013 deals with___?
    a) Unpaid Dividend Account
    b) Declaration of dividend
    c) Remuneration of auditors
    d) Auditors to attend general meeting

Answer- b) Declaration of dividend

13.What is the punishment for the company If any of the provisions of sections 139 to 146 is contravened?

a. Fine of Rs. 25000 up to 3 lakh rupees.
b.Fine of Rs. 20000 up to 2 lakh rupees.
c.Fine of Rs. 25000 up to 5 lakh rupees.
d.Fine of Rs. 10000 up to 5 lakh rupees.

Answer- c.Fine of Rs. 25000 up to 5 lakh rupees.

14.What is the punishment for an individual or director of a company If any of the provisions of sections 139 to 146 is contravened?
a. Imprisonment for a term which may extend to six months and Fine up to Rs. 50000 rupees.
b. Imprisonment for a term which may extend to one year and Fine up to Rs. 50000 rupees.
c.Imprisonment for a term which may extend to two months and Fine up to Rs. 50000 rupees.
d.Imprisonment for a term which may extend to six months and Fine up to Rs. one lakh rupees.
Answer- a.Imprisonment for a term which may extend to six months and Fine up to Rs. 50000 rupees.

15. Section 270 of the Companies Act 2013 deals with___?
a) Rehabilitation and insolvency fund
b) Declaration of dividend
c) Remuneration of auditors
d) Modes of winding up

Answer- d) Modes of winding up

In this article, we are providing you MCQs on The Companies act 2013 which will help you to understand The Companies act 2013MCQ pdf with Answers multiple choice questions


MCQs on The Companies act 2013

16) When did The Companies act 2013, come into force?

A) 01 April 2013
B) 01 March 2014
C) 01 May 2013
D) 30th August 2013

Answer –D) 30th August 2013

17) Which section of The Companies act 2013 deals with the Effect of registration?

A. Section 12 of The Companies act 2013
B. Section 9 of The Companies act 2013
C. Section 14 of The Companies act 2013
D. Section 20 of The Companies act 2013

Answer B. Section 9 of The Companies act 2013

18) Which section of The Companies act 2013 deals with Rectification of the name of the company_ ?

A. Section 16 of The Companies act 2013
B. Section 14 of The Companies act 2013
C. Section 13 of The Companies act 2013
D. Section 18 of The Companies act 2013

Answer – A. Section 16 of The Companies act 2013

19) Section 25 of The Companies act 2013 deals with_______?

A. Alteration of memorandum
B. Document containing offer of securities for sale to be deemed prospectus.
C..Advertisement of prospectus
D.Service of documents

Ans- B. Document containing offer of securities for sale to be deemed prospectus.

20) Authentication of documents, proceedings and contracts, is provided in section____ of The Companies act 2013

A. Section 24 of The Companies act 2013
B. Section 22 of The Companies act 2013
C. Section 21 of The Companies act 2013
D. Section 23 of The Companies act 2013

Ans- C. Section 21 of The Companies act 2013

21) Section 29 of The Companies act 2013 provides _?

A.Public offer of securities to be in dematerialized form
B.Alteration of articles
C.Registered office of the company
D.Red herring prospectus

Ans A.Public offer of securities to be in dematerialized form

MCQ on The Companies act 2013 with answers pdf

22) Which section of The Companies act 2013 deals with Company to accept unpaid share capital, although not called up?

A. Section 47 of The Companies act 2013
B. Section 44 of The Companies act 2013
C. Section 50 of The Companies act 2013
D. Section 49 of The Companies act 2013

Answer – C. Section 50 of The Companies act 2013

23) Section 12 of The Companies act 2013 deals with_______?

A.Registered office of the company
B.Formation of company
C.Service of documents
D. Articles

Ans- A.Registered office of the company

24) Which section of The Companies act 2013 deals with the Prohibition on acceptance of deposits from public?

A. Section 73 of The Companies act 2013
B. Section 79 of The Companies act 2013
C. Section 74 of The Companies act 2013
D. Section 75 of The Companies act 2013

Answer A. Section 73 of The Companies act 2013

25) Section 10 of The Companies act 2013 deals with_______?

A. Incorporation of company
B. Execution of bills of exchange
C. Effect of memorandum and articles
D. . Shelf prospectus

Answer- C. Effect of memorandum and articles

26) Which of the following section in the Companies Act, 2013 mentions about Red herring prospectus

A. 18 of the Companies Act, 2013
B. 25 of the Companies Act, 2013
C. 21 of the Companies Act, 2013
D. 32 of the Companies Act, 2013

Answer -D. 32 of the Companies Act, 2013

27) Which of the following section in the Companies Act, 2013 mentions about Option to adopt principle of proportional representation for appointment of directors

A. 118 of the Companies Act, 2013
B. 125 of the Companies Act, 2013
C. 121 of the Companies Act, 2013
D. 163 of the Companies Act, 2013

Answer -D. 163 of the Companies Act, 2013

28) Which of the following section in the Companies Act, 2013 mentions about Contract of employment with managing or whole-time directors

A. 118 of the Companies Act, 2013
B. 190 of the Companies Act, 2013
C. 121 of the Companies Act, 2013
D. 132 of the Companies Act, 2013

Answer – B. 190 of the Companies Act, 2013

29) Which of the following section in the Companies Act, 2013 mentions about Appointment of key managerial personnel

A. 128 of the Companies Act, 2013
B. 125 of the Companies Act, 2013
C. 221 of the Companies Act, 2013
D. 203 of the Companies Act, 2013

Answer -D. 203 of the Companies Act, 2013

30) Which of the following section in the Companies Act, 2013 mentions about Penalty for furnishing false statement, mutilation, destruction of documents ?

A. 229 of the Companies Act, 2013
B. 251 of the Companies Act, 2013
C. 216 of the Companies Act, 2013
D. 232 of the Companies Act, 2013

Answer -A. 229 of the Companies Act, 2013

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