A company is called an artificial person because

Related MCQs

• Under section 269, every public company and a private company which is a subsidiary of a public company must have a managing director or a whole time director if its paid-up share capital is.
• When a large block of shares has been allotted to a single person, the company may at his request, divide the original allotment letter into a number of small allotment letters. This is called
• Any breach of duty in the conduct of the company’s affairs which causes loses to the company is called
• A company which has not commenced operation or which is not in operation or has no assets to dive is called……….company.
• A company comes into legal existence as a person on.
• A person is disqualified from being appointed as a director of a company if.
• A person liable to contribute towards the assets of the company on the event of its being wound up is a …………
• A registered company is the company which is incorporated.
• Converting a public company into a private company requires a special resolution.
• In which of the following conditions, a company will be reckoned a foreign company?