Tag: government companies
Questions Related to government companies
The Registrar of Companies is appointed by the Central Government.
-
True
-
False
NCLT was established in year ______________.
-
2010
-
2011
-
2012
-
2016
The National Company Law Tribunal (NCLT) is a quasi-judical body in India that adjudicates issues relating to Indian companies.The NCLT was established under the Companies act 2013 and was constituted on 1 June 2016 by the government of India and is based on the recommendation of the justice eradi committee on law relating to insolvency and winding up of companies.
The court having jurisdiction to deal with the matters advising under the Act is the High Court.
-
True
-
False
Supreme Court to hear matters directly without the matter having been heard previously by any lower court. Advisory Jurisdiction is when a lower court or any constitutional body seeks the advise of the Supreme Court in a matter of law.
For the administration of the Companies Act, the main body set up by the central government is the Company Law Board.
-
True
-
False
An Act to consolidate and amend the law relating to companies. The Companies Act 2013 is an Act of the Parliament of India on Indian company law which regulates incorporation of a company, responsibilities of a company, directors, dissolution of a company.
NCLAT was constituted on _______.
-
1 June 2016
-
1 July 2015
-
1August 2016
-
15 March 2016
The National Company Law Tribunal has been constituted w.e.f. 1st June,2016 and by virtue of Section 408 of Companies Act,2013.
The full time officer appointed by the Central Government for the administration of the company law in each state is the Registrar of companies.
-
True
-
False
It is true that Registrar of companies is a full time officer appointed by the Central Government for the administration of the company law in each state. There are 22 registrar of companies operating from offices in all major states of India.
Official Liquidator is appointed by the Central Government under section 448 of the Companies Act, 1956.
-
True
-
False
For the purposes of this Act, so far as it relates to the winding up of companies by the Tribunal, the Central Government may appoint as many Official Liquidators, Joint, Deputy or Assistant Official Liquidators as it may consider necessary to discharge the functions of the Official Liquidator. The liquidators so appointed under this section shall be whole-time officers of the Central Government. The salary and other allowances of the Official Liquidator, Joint Official Liquidator, Deputy Official Liquidator and Assistant Official Liquidator shall be paid by the Central Government.
Registrar of companies is a full time officer appointed by the Central Government for the administration of the company law in each state.
-
True
-
False
It is true that Registrar of companies is a full time officer appointed by the Central Government for the administration of the company law in each state. There are 22 registrar of companies operating from offices in all major states of India.
The Company Law Board deals only with the legal matters of companies.
-
True
-
False
This statements is False because of the following reasons :
The Companies Act, 1956 is of no use to companies registered under it in India.
-
True
-
False
This statements is False because of the following reasons: