Company Accounts

Share Capital

Easy

Who from the following regularly attends the office of a company?

Shareholders

Board of Directors

Managing Director

All of the above

✅ Correct Option: 3

Shareholders are owners but do not attend office regularly. Directors meet only periodically in board meetings. The Managing Director is entrusted with substantial management powers and is responsible for day-to-day affairs, hence regularly attends the office of the company.

Note: The question relates to company management structure rather than accounting entries; we have placed it under Company Accounts as the closest available topic.

2022: 23 Aug Shift 2

Uncalled capital that can be called up only in event of winding up of the company is called :

2022: 23 Aug Shift 2

Forfeiture of shares results in the reduction of :

2025: 22 May Shift 1

Which company doesn't restricts the right to transfer its shares?

2026: 29 May Shift 1

X Limited forfeited a share of Rs. 10 on which Rs. 8 is called-up and Rs. 6 is paid and forfeited. By what amount, share capital account will be debited?

2023: 29 May Shift 2

Identify the number of shares with which A ltd is registered.

2026: 6 June Shift 1

From the following, which is not a feature of a company?

Who from the following regularly attends the office of a company?

Solution

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