Incorporation Of Company

Question 1

Incorporation of company

Answer 1

2
7
1

Question 2

Members severally liable in certain cases

Answer 2

Below 7
Below 2
For more than 6 months
Aware
Severally liable

Question 3

Filing of documents and information with the registrar

Answer 3

Moa
Aoa
Declaration
Particulars
Address
Not guilty convicted
Directors interest and consent
All information are complete

Question 4

Order of Tribunal

Answer 4

Name removal
Winding up
Unlimited liability
Change MoA/AOA
Other orders

Question 5

180 days

Answer 5

OPC

Question 6

Revocation of licence of Section 8 company

Answer 6

LICENCE REVOKE
convert to pvt to private or public limited
winding up
surplus transferred to similar company insolvency and bankruptcy fund and
amalgamate with similar company

Question 7

Name clause

Answer 7

Be identical or resemble
Constitute an offence
Is undesirable

Question 8

Reserving of Name

Answer 8

20 days for company before incorporation
60 days for companies after incorporation

Question 9

Punishment in section 8

Answer 9

Company 10l to 1cr
Officer 25k to 25l

Question 10

Penalty for furnishing wrong information in reservation for name(BEFORE INCORPORATION)

Answer 10

Penalty may extend to 1lakhs

Question 11

Penalty for furnishing wrong information regarding reserving the name after incorporation

Answer 11

Either direct the company to change its name within a period of 3 months after passing and ordnance solution
take action for striking of name of company from the registrar of companies
or make make a petition for winding up of the company