CUET Accountancy - Which of the following company, by its articles, restricts the right to transfer its shares ? | PYQs + Solutions

CUET Accountancy 2025 22 May Shift 1

Company Accounts

Easy

common

A non Private company

Public Company

Private Company

Subsidiary Company

✅ Correct Option: 3

Related questions:

31 May Shift 1

Match List-I with List-II

List-I	List-II
(A) Companies Limited by Shares	(I) A company which has only one person as a member.
(B) Companies Limited by Guarantee	(II) There is no limit on the liability of its members.
(C) Unlimited Companies	(III) The liability of its members is limited to the amount they undertake to contribute in the event of the company being wound up.
(D) One Person Company	(IV) The liability of its members is limited to the extent of the nominal value of shares held by them.

Choose the correct answer from the options given below:

27 May Shift 1

Cronic Limited issued 10,000 equity shares of Rs. 10 each payable as Rs. 2.50 on application, Rs. 3 on allotment, Rs. 2 on first call, and the balance of Rs. 2.50 on second and final call. All the shares were fully subscribed and paid except by a shareholder having 100 shares who could not pay for second and final call. Call in Arrears A/c will be debited with-

27 May Shift 1

Arrange the following in correct order for issue of shares-

(A) Share forfeiture

(B) Share Application

(D) Unpaid Call

Choose the correct answer from the options given below:

(B), (A), (C), (D)
(B), (C), (D), (A)
(B), (A), (D), (C)
(C), (B), (D), (A)

CUET Accountancy 2025 22 May Shift 1 PYQs

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