Sectional Test on Companies Act, 2013 for CLAT PG
1. Under the Companies Act, 2013, the minimum number of members required to incorporate a private company is:
a. Three
b. One
c. Seven
d. Two
a. Three
b. One
c. Seven
d. Two
2. Alteration of the Memorandum’s Object Clause necessitates:
a. Special Resolution
b. Ordinary Resolution
c. Board Resolution
d. Tribunal Approval
a. Special Resolution
b. Ordinary Resolution
c. Board Resolution
d. Tribunal Approval
3. According to the Companies Act, shares are regarded as:
a. Actionable Claims
b. Immovable Property
c. Movable Property
d. Intellectual property
a. Actionable Claims
b. Immovable Property
c. Movable Property
d. Intellectual property

