MCQs on Memorandum of Association and Articles of Association//MCQs on Company Law

 Memorandum of Association and Articles of Association 

1. A company can change its name only after the approval of 

a) Central government 

b) Tribunal 

c) Supreme court 

d) Registrar 

2. For change in name by the addition or deletion of the word private requires the consent of 

a) Central government 

b) Tribunal 

c) Supreme court 

d) No consent of any of these authorities is required 

3. In case of change of office from one jurisdiction to another the consent of the RD must be filed with the registrar within 

a) 15 days 

b) 30 days 

c) 60 days 

d) 90 days 

4. In case company has unutilized money and the company wants to alter its object the company shall give an exit option to: 

a) All the shareholders 

b) To the dissenting shareholders 

c) To the agreeing shareholders 

d) To all the shareholders, debenture holders and creditors 

5. For change of registered office within the same state, the resolution must be a 

a) Ordinary resolution 

b) Special resolution 

c) Consent of all the members 

d) Consent of the shareholders and the creditors. 

6. In case the memorandum or articles specify anything against the Act, the _______________ shall override 

a) Memorandum 

b) Articles 

c) Act 

d) As decided by the tribunal 

7. A company shall have a registered office 

a) Within 15 days from the date of incorporation 

b) Within 30 days from the date of incorporation 

c) Within 15 days from the date of incorporation and every time thereafter 

d) Within 30 days from incorporation and every time thereafter. 

8. The company must give a verification of registered office to the ROC in form 

a) INC 32 

b) INC 29 

c) INC 22 

d) INC 23 

9. For rectification of name the application to the central government shall be made by the registered proprietor within 

a) 3 years of incorporation of the company 

b) 1 year of incorporation of the company 

c) Within 3 months from the date of incorporation of the company 

d) Within 6 months from the date of incorporation of the company. 

10. Any alteration to the articles must be in consistent with 

a) The memorandum 

b) The Act 

c) Both of these 

d) Any alteration can be made it need not be consistent 

11. Ravi and Ragini have formed a Section 8 company; date of incorporation being 18.02.2018 and they being the directors and also the shareholders. During June, 2018 it transpired that two unsuitable articles were required to be altered for smooth functioning of the company. Advise. 

a) Since articles regulate the internal management of the company, both Ravi and Ragini being directors and shareholders are themselves capable of altering the articles. 

b) In case of Section 8 company, articles can be altered only if the company shows profits consecutively for two years. 

c) In case of Section 8 company, prior approval of the Central Government is required to be obtained before its articles are altered. 

d) In case of Section 8 company, at least one year must elapse from the date of its incorporation before its articles are altered but there is no need to obtain prior permission of the Central Government. 

12. Which one of the following is not the content of the Memorandum of Association? 

a) Name clause 

b) Registered office clause 

c) Objects clause 

d) Board of Directors clause 

13. The Registrar shall register any alteration of the memorandum with respect to the objects of the company and certify the registration within a period of ______ from the date of filing of the special resolution. 

a) 30 days 

b) 60 days 

c) 90 days 

d) 6 months 

14. Do Good Ltd. wanted to change its name to Do Nothing Good Pvt. Ltd. and had applied to the ROC to check the availability of name. The ROC gave confirmation to this name. This name shall be available to the company for 

a) 20 days 

b) 30 days 

c) 60 days 

d) 90 days 

15. High Aim Pvt. Ltd. wants to change its object clause of the Memorandum of Association of the Company. The company needs:.

a) Shareholders approval by way of Ordinary Resolution 

b) Shareholders approval is not required for change of object clause of the company. 

c) Shareholders approval by way of Special Resolution 

d) The approval from Tribunal for changing object clause of the company. 

16. Priyank and Priyanka reserved a name and thereafter a private limited company was formed using the reserved name on 1st June, 2018. Later on, a registered proprietor of a trade mark noted that the name of this private limited company was identical to the trade mark he had earlier got registered under the Trade Marks Act, 1999. Advise as to latest by which date, the proprietor of the registered trade mark can move an application to the Central Government against this anomaly. 

a) Latest by 30th November, 2018, the registered proprietor of trade mark should move an application to the Central Government for rectification of this anomaly. 

b) Latest by 30th May, 2019, the registered proprietor of trade mark should move an application to the Central Government for rectification of this anomaly. 

c) Latest by 30th May, 2020, the registered proprietor of trade mark should move an application to the Central Government for rectification of this anomaly. 

d) Latest by 30th May, 2021, the registered proprietor of trade mark should move an application to the Central Government for rectification of this anomaly. 

17. The Registrar shall register any alteration of the memorandum with respect to the objects of the company and certify the registration within a period of ______ from the date of filing of the special resolution. 

a) 30 days 

b) 60 days 

c) 90 days 

d) 6 months 

18. SNDT Ltd decided to shift its registered office from jurisdiction of one Registrar to the jurisdiction of another Registrar. SNDT Ltd complied with the provisions of  Companies Act, 2013 and did all relevant filing within due period of time. Confirmation on such shifting was received by Regional Director on 26th June, 2017. By when SNDT Ltd has to file that confirmation with the Registrar? 

a) 11th July, 2017 

b) 25th July, 2017 

c) 11th August, 2017 

d) 25th August, 2017 

19. Seven Hospitality Limited (“Company”) was incorporated in 2013. The company runs resorts and hotels nearby Mumbai. In 2018, Central government received an application from Mr. X (“proprietor”) who has registered trademark for word “Seven”. In ideal situation, what will be the Central Government’s stand? 

a) Central Government will ask to take permission from Registrar, as he have approved this name in first place; 

b) Central Government will ask them to mutually agree to use the word “Seven”; 

c) Central Government will direct the Company to change its name; 

d) Central Government will deny his application; 

20. DEF Private Limited altered its Articles of Association on its conversion into public Company. A copy of order of the competent authority approving the alteration, is required to be filed with Registrar. How many days Company have to file such order? 

a) 15 days 

b) 30 days 

c) 45 days 

d) 60 days 

21. An Indian Company decided to shift its registered office within the jurisdiction of same Registrar in a Board meeting held on 25th May, 2017. Within how many days Company shall intimate such change to Registrar of Companies? 

a) Within 15days from the date of such change; 

b) Within 30days from the date of such change; 

c) Within 15days from the date of Board meeting; 

d) Within 30days from the date of Board meeting; 

22. Swastik Pvt Ltd passed a special resolution to change its name to Swastik Darshan Pvt Limited on 30th May, 2017. Relevant MCA filing was done on due time and then Company got its new stationery printed on 1st, July, 2017. However, there was a delay in issue of certificate and Company received new certificate on 20th August, 2017 which was issued on 10th August, 2017. Company wants to enter into a lease agreement for new premise. When they can do such agreement in new name of the Company? 

a) 30th may, 2017 

b) 1st, July, 2017 

c) 20th August, 2017 

d) 10th August, 2017 

23. Arun along with his wife Arunima is running successfully a trading business. His friend Akash has suggested him to form a ‘One Person Company (OPC)’ whose striking feature is ‘limited liability’. Arun is all convinced to get incorporate an OPC but he is in a dilemma as to how to depict the name of such OPC in the Memorandum. Select the best option for him. 

a) Aru-&-Aru (One Person Company) Trading Private Limited 

b) One Person Company - Aru-&-Aru Trading & Co. 

c) Aru-&-Aru Trading (One Person Company) 

d) Aru-&-Aru Trading Private Limited (One Person Company)