Study Material

Commencement of Business

Commerce

Inter FIrst Year

English

Very Short Answer Questions

Q1. Memorandum of Association

Q2. Articles of Association

Q3. Minimum subscription

Q4. Statement in lieu of prospectus

Q5. Certificate of commencement of business

Q6. Criminal liability for mis-statements in prospectus

Short Answer Questions

Q1. What are the essentials of prospectus?

Q2. Write down any five legal requirements of prospectus

Q3. What is Red Herring prospectus?

Q4. What is shelf prospectus?

Long Answer Questions

Q1. What are the important documents to be submitted to the Registrar of Companies for incorporation of a company

Q2. What is Memorandum of Association? Explain its clauses?

Q3. What is Articles of Association? Explain its contents

Q4. What is prospectus? Explain the contents of prospectus

Q5. Discuss the differences between Memorandum of Association and Articles of Association