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Company Law — AIBE Subject Practice

54 Company Law questions drawn from past AIBE papers. Review sample questions below, then practice the full subject set with answers and explanations.

Practice Company Law

Sample Questions

Q62. 'A' does not fall under the clause of Memorandum of Association 'A' here is:

  • A. Subscription
  • B. Director
  • C. Capital
  • D. Situation.

Topic: Company Law — Memorandum of Association, Companies Act, MOA clauses

Q85. Minimum number of members required to apply for Incorporation Certificate in a Public Ltd. Company is:

  • A. 7
  • B. 3
  • C. 2
  • D. 50.

Topic: Company Law — Public company, Incorporation, Minimum members

Q67. The Minimum number of persons required to incorporate a Public Company is

  • A. 5
  • B. 10
  • C. 7
  • D. 27

Topic: Company Law — Companies Act, Public company, Minimum members

Q68. A Private company can commence business as soon as it receives

  • A. Certification of incorporation
  • B. Letter of intent
  • C. Occupation certificate
  • D. None of the above

Topic: Company Law — Companies Act, Private company, Certificate of incorporation

Q71. What is the maximum number of partners in Banking business

  • A. 8
  • B. 10
  • C. 12
  • D. 16

Topic: Company Law — Maximum number of partners, Banking business, Companies Act, 1956 Section 11

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