Companies limited by ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ are not formed for the purpose of profit but for the promotion of art, science, culture, charity, sports, commerce etc.

Related MCQs

• ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ Company may be companies limited by shares companies limited guarantee, unlimited companies.
• ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ is a voluntary association of persons formed to carry on some business for profit or to promote art, science, education or some charitable purpose.
• ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ is compulsory for unlimited companies, private companies limited by guarantee.
• ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ of schedule I of the companies Act, which gives the specimen of memorandum of a company limited by shares
• See ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ of the companies Act, 1956 states that a company means “ a company formed and registered under this Act, or an existing company”
• ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ refers to a voluntary association of individuals formed for the purpose of obtaining a particular social or economical goal.
• If a public company limited by shares does not register its own articles ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐apply
• If at the registration, a company limited by shares does not file articles of association with the registrar, then
• The association that are not registered under sec. II of the companies act is ‐‐‐‐‐‐‐‐‐‐‐‐‐
• Minimum ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ and maximum ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ constitute a private limited company