What Do You Mean By Judgement

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Meaning of Judgement : Judgement means the observation and decision of court of law in respect of a particular case after conclusion of a trial. Content of Judgement : Every Judgement - Shall be written in the language of the court. Shall contain the point or points for determination, the decision there on and the reason for the decision. Shall specify the offence of which and section of The Indian Penal Code, 1860 or other law under which the accused is convicted and the punishment to which he is sentenced. If the Judgement is of acquittal, it shall state the offence, of which the accused is acquitted and direct that he be set at liberty section 354(1). Object : The object should be to protect the society and to deter the criminal in achieving the avowed object of law by imposing appropriate sentence. The social impact of the crime like where its relates to offences against woman, kidnapping and other offences involving moral delinquency which have great impact on s...
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Company Law Multiple Choice Question and Answer (MCQ)

1) What is known as a charter of a company?

     a) Memorandum of Association(MOA).
     b) Bye laws.
     c) Article of Association(AOA).
     d) Prospectus.

2) The minimum number of persons to form a private company is?
     a) 7.
     b) 2.
     c) 3.
     d) 4.

 3) The liability of a shareholder in a company limited by share is 
     a) Unlimited.
     b) Limited by guarantee.
     c) limited to the unpaid value of share subscribed by him.
     d) None of the above.

4) Share capital of a company means 
     a) Equity share capital.
     b) Preference share capital.
     c) Equity and preference share capital.
     d) Equity and preference share capital and debentures.

5) Which section deals with remuneration of directors?
     a) Section 200.
     b) Section 307.
     c) Section 305.
     d) Section 197.

6) The Articles of Association can be altered by?
     a) A resolution of the board of directors.
     b) An ordinary resolution in general meeting.
     c) A special resolution in general meeting.
     d) Obtaining permission from the company law board.

7) The amount of minimum subscription may be learnt from the -
     a) Prospectus.
     b) Memorandum of Association.
     c) Articles of Association.
     d) Record of general meetings.

8) A promoter is a person who  -
     a) Is a director.
     b) Is a relative of the company.
     c) Is a well-wisher of the company.
     d) Takes part in the company's association.


9) Holding company means a company 
     a) Which holds other company.
     b) A Government Company.
     c) A Chartered company.
     d) A subsidiary company.

10) A person ceases to be a Company,s member when -
     a) He loses his share certificate.
     b) He becomes insolvent.
     c) His shares certificate is converted into a share warrant.
     d) His shares are forfeited for non-payment of call monies.

11) Which one of the following companies deal with only its shareholders for their benefit?
     a) Private Limited Company.
     b) Chit Fund Company
     c) Nidhi Company.
     d) Banking Company.

 12) A company is a juristic person with a perpetual succession -
     a) As such it dies.
     b) Its life depends on the life of its members.
     c) It is created by a process of law and can be put to an end only by a process of law.
     d) None.

13) The Reserve Bank of India is an example of a -
     a) Registered Company.
     b) Statutory Company.
     c) Chartered Company.
     d)  Unlimited Company.

14) When can a private company commence business?
     a) At any time.
     b) After applying the certificate of incorporation.
     c) After obtaining the certificate of incorporation.
     d) After obtaining the certificate of commencement of business.

15) An exception to the doctrine of constructive notice is-
     a) The Doctrine of ultra virus.
     b) The doctrine of indoor management.
     c) Lifting the corporate veil.
     d) The doctrine of ultra virus in Articles of Association.


16) A prospectus is to be issued within how many days?
     a) 30.
     b) 60.
     c) 90.
     d) 180.

Answer Key -

1)    a.                                    2)    b.                                  3)     c.                                     4)     c.
5)    d.                                   6)    c.                                   7)     a.                                     8)    d.
9)    a.                                   10)  c.                                   11)   c.                                      12)   c.
13)  b.                                   14)  d.                                   15)   b.                                     16)   c.

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