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Which of the following statements are false? Indicate the correct code. (A) No company has to file any prescribed declaration before commencement of business. (B) A company can ratify the contract entered into by the promoters with third parties on behalf of the company before its formation. (C) The date mentioned in the certificate for commencement of business is taken as the date of birth of a public company. (D) A private company has to file a "Settlement in lieu of prospectus" with the registrar. Choose the correct answer from the options given below:

Which of the following statements are false? Indicate the correct code. (A) No company has to file any prescribed declaration before commencement of business. (B) A company can ratify the contract entered into by the promoters with third parties on behalf of the company before its formation. (C) The date mentioned in the certificate for commencement of business is taken as the date of birth of a public company. (D) A private company has to file a "Settlement in lieu of prospectus" with the registrar. Choose the correct answer from the options given below: Correct Answer B, C and D only

The incorrect statements are B, C and D only
Important Points

B) A company can ratify the contract entered into by the promoters with third parties on behalf of the company before its formation.

  • This statement is false because the company cannot ratify a pre-incorporation contract and hold the other party liable. The company, when it comes into existence, is not bound by any contract made on its behalf before its incorporation.
     

(C) The date mentioned in the certificate for commencement of business is taken as the date of birth of a public company.

  •  This statement is false as the filing date for the articles of incorporation is considered the company's incorporation date.
     

(D) A private company has to file a "Settlement in lieu of prospectus" with the registrar.

  • This statement is false as a private company is not required to file a prospectus or a settlement in lieu of prospectus with the Registrar of Companies.

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In the question given below, four sentences are given which may or may not be grammatically correct. From the given options, choose the grammatically correct sentence. A. The members-only zone on the top of the ship has its own luxurious accommodations including suite, private lounges and dining options. B. The members-only zone on the top of the ship has its own luxuries accommodations including suites, private lounges and dining options. C. The members-only zone along the top of the ship has its own luxuries accommodations including suites, private lounges and dining options. D. The members-only zone on the top of the ship has its own luxurious accommodations including suites, private lounges and dining options. 
Study the following information carefully and answer the following questions. Dhawan plans to buy a flat at Shyamla Society. Shyamala Society has placed the following conditions for allotment of flats in its society: Applicant: (I). State domicile certificate must be submitted. (II). Must have done a job of at least 5 years. (III). If needed, he will be ready to pay the entire amount in 5 years. (IV). Should not be the owner or co-owner (if spouse) of the residential facility in that city (V). Should not be below 35 years of age as on 31 December 2016.   In the case of the applicant who fulfils all other criteria except: A) (I) As mentioned above, should be referred to the chairman of the city council. B) (II) As mentioned above, prepared to provide Aadhaar card. To be referred to the vice-chairman of the committee C) (III) As mentioned above, but a freedom fighter or ex-soldier or the first relationship with these should be referred to a member of the committee. The last date for receipt of applications was 31 December 2016. The conditions of 31 December 2016 are to be met. Based on these criteria, decide whether you have to allot the flat in the following case given on 1 January 2017. Dhawan is an industrialist and from another state who established his factory in 2000 and has a state residence certificate. He is ready to pay the full amount in 4 years if necessary. He does not have a house in that city but his wife has a flat. His date of birth is 11 November 1970.
Reading the amended Section 89 of the Code of Civil Procedure and the insertions of O. 10, which of the following conditions should be satisfied before matter could be referred to an Alternate Dispute Redressal?
1. Existence of elements of settlement in the opinion of the Court
2. The parties must share the opinion of the court
3. Formulation of the terms of settlement by the court
4. The court should invite the observation of the parties on the terms of settlement
5. Observations of the parties must be received by the court
6. If need be, reformulate the terms of settlement and refer the same for Alternate Dispute Redressal contemplated un section 89 of the Code of Civil Procedure
Read the passage carefully and select the best answer to each question out of the given four alternatives.
Public opinion may be passive and false or active and real. It is claimed in theory that all governments are ultimately based on the opinion or sanction of the governed. But we find that in practice the people's rights are often trodden down and tyranny and oppression are allowed to continue. The government does it not because the people want it to do so but because they are too idle, too uneducated and too disunited or timid to oppose the govern ment. Such public opinion is passive and false and not an active verdict. But when we find people alert, intelligent and determined to let the government know their will, when they want to exercise actively their voice in the management of their country, we have an instance of true or active public opinion. True public opinion is formed by and expressed through the press, the platform, political parties and educational institutions. These have sacred duties to perform, duties on which depends the ultimate good of the entire community. The press today wields a tremendous influence, So it should support the causes and move ments and condemn the wrong one's and thus teach people to form correct opinion. A free and fair press ventilates the grievances of the public. Thus a healthy relationship develops between the people and the government through out an unbiased press. Political parties also help to create and regulate opinions. No less important part is played by the educational Institutions which train the minds of the young people who will be the citizens of tomorrow. It has been said that modern Germany and China have been made by their universities. It is necessary that the young and the growing minds should imbibe the spirit of fellow-feeling, the spirit of tolerance, the habit of compromise, and show due regard for the feelings and opinion of others without which a democratic society cannot function, let alone succeed. When there is true awakening of the people, we shall have the real and conscious public opinion. And justice will reign on earth and truly will the voice of the people be the voice of God.
Who among the following has tremendous influence in forming the true public opinion?
Which of the following distinction(s) is/are not correct between public issue and rights issue? (A) In public issue, applications for shares are invited from the general public and in rights issue, the shares are offered to existing shareholders. (B) In public issue there is no question of any over-subscription and in rights issue the shares may be under subscribed or over subscribed leading to prorata allotment. (C) The price of public issue is generally less than the market price and in rights issue, the price is deliberately made less than the market price. (D) In a public issue, the communication of the issue is through prospectus or advertisements and in a rights issue the communication is between the company and the existing members of the company. Choose the most appropriate answer from the options given below:
Read the passage carefully and select the best answer to each question out of the given four alternatives.
Public opinion may be passive and false or active and real. It is claimed in theory that all governments are ultimately based on the opinion or sanction of the governed. But we find that in practice the people's rights are often trodden down and tyranny and oppression are allowed to continue. The government does it not because the people want it to do so but because they are too idle, too uneducated and too disunited or timid to oppose the govern ment. Such public opinion is passive and false and not an active verdict. But when we find people alert, intelligent and determined to let the government know their will, when they want to exercise actively their voice in the management of their country, we have an instance of true or active public opinion. True public opinion is formed by and expressed through the press, the platform, political parties and educational institutions. These have sacred duties to perform, duties on which depends the ultimate good of the entire community. The press today wields a tremendous influence, So it should support the causes and move ments and condemn the wrong one's and thus teach people to form correct opinion. A free and fair press ventilates the grievances of the public. Thus a healthy relationship develops between the people and the government through out an unbiased press. Political parties also help to create and regulate opinions. No less important part is played by the educational Institutions which train the minds of the young people who will be the citizens of tomorrow. It has been said that modern Germany and China have been made by their universities. It is necessary that the young and the growing minds should imbibe the spirit of fellow-feeling, the spirit of tolerance, the habit of compromise, and show due regard for the feelings and opinion of others without which a democratic society cannot function, let alone succeed. When there is true awakening of the people, we shall have the real and conscious public opinion. And justice will reign on earth and truly will the voice of the people be the voice of God.
Which of the following is not the reason for the oppression caused to general public by the running government in the country?
Read the passage carefully and select the best answer to each question out of the given four alternatives.
Public opinion may be passive and false or active and real. It is claimed in theory that all governments are ultimately based on the opinion or sanction of the governed. But we find that in practice the people's rights are often trodden down and tyranny and oppression are allowed to continue. The government does it not because the people want it to do so but because they are too idle, too uneducated and too disunited or timid to oppose the govern ment. Such public opinion is passive and false and not an active verdict. But when we find people alert, intelligent and determined to let the government know their will, when they want to exercise actively their voice in the management of their country, we have an instance of true or active public opinion. True public opinion is formed by and expressed through the press, the platform, political parties and educational institutions. These have sacred duties to perform, duties on which depends the ultimate good of the entire community. The press today wields a tremendous influence, So it should support the causes and move ments and condemn the wrong one's and thus teach people to form correct opinion. A free and fair press ventilates the grievances of the public. Thus a healthy relationship develops between the people and the government through out an unbiased press. Political parties also help to create and regulate opinions. No less important part is played by the educational Institutions which train the minds of the young people who will be the citizens of tomorrow. It has been said that modern Germany and China have been made by their universities. It is necessary that the young and the growing minds should imbibe the spirit of fellow-feeling, the spirit of tolerance, the habit of compromise, and show due regard for the feelings and opinion of others without which a democratic society cannot function, let alone succeed. When there is true awakening of the people, we shall have the real and conscious public opinion. And justice will reign on earth and truly will the voice of the people be the voice of God.
According to the passage, which of the following is needed from the people to have true or active public opinion? 1. Alertness
2. Determination
3. Intelligence
4. Raising their voice
What is/are the following differences between private and public limited companies?
1. In a private limited company there is restriction on the number of members, where as no such restriction is applicable on a public limited company.
2. A private limited company can be listed on a stock exchange, where as a public limited company is always listed on a stock exchange.
3. A private limited company cannot issue debentures, whereas a public limited company can issue debentures.
Read the passage carefully and select the best answer to each question out of the given four alternatives.
Public opinion may be passive and false or active and real. It is claimed in theory that all governments are ultimately based on the opinion or sanction of the governed. But we find that in practice the people's rights are often trodden down and tyranny and oppression are allowed to continue. The government does it not because the people want it to do so but because they are too idle, too uneducated and too disunited or timid to oppose the govern ment. Such public opinion is passive and false and not an active verdict. But when we find people alert, intelligent and determined to let the government know their will, when they want to exercise actively their voice in the management of their country, we have an instance of true or active public opinion. True public opinion is formed by and expressed through the press, the platform, political parties and educational institutions. These have sacred duties to perform, duties on which depends the ultimate good of the entire community. The press today wields a tremendous influence, So it should support the causes and move ments and condemn the wrong one's and thus teach people to form correct opinion. A free and fair press ventilates the grievances of the public. Thus a healthy relationship develops between the people and the government through out an unbiased press. Political parties also help to create and regulate opinions. No less important part is played by the educational Institutions which train the minds of the young people who will be the citizens of tomorrow. It has been said that modern Germany and China have been made by their universities. It is necessary that the young and the growing minds should imbibe the spirit of fellow-feeling, the spirit of tolerance, the habit of compromise, and show due regard for the feelings and opinion of others without which a democratic society cannot function, let alone succeed. When there is true awakening of the people, we shall have the real and conscious public opinion. And justice will reign on earth and truly will the voice of the people be the voice of God.
What is important for the democratic society to function properly?