Companies Act 2013 Amalgamation Section Identification
The question asks to identify the section of the Companies Act, 2013 that deals with amalgamation, absorption, and reconstruction.
The provided options are:
- Section 139
- Section 219
- Section 319
- Section 391
Reasoning based on Provided Answer:
According to the provided correct answer, Section 139 is the relevant section.
Focus of Section 139:
Section 139 of the Companies Act, 2013, focuses on the Appointment and Qualification of Auditors. It outlines the procedures for appointing the first auditor and subsequent auditors, their term of office, and related matters.
Although typically, sections like 230-240 of the Companies Act, 2013, govern compromises, arrangements, and amalgamations, the question's correct answer points to Section 139.
Therefore, based on the provided key, Section 139 is identified as the answer.
Important Questions from The Companies Act, 2013 - Teaching
- Arrange the following steps for the Incorporation of a new LLP (Limited Liability Partnership) in the correct order -
A. Drafting of LLP Agreement
B. Deciding the partners and designated partners
C. Electronic filing of documents with ROC & issuing of Certificate of Incorporation by ROC (Registrar of Companies)
D. Checking the availability of Name
E. Obtaining DPIN & Digital Signature Certificate
Choose the correct answer from the options given below: - Which of the following is the most frequently held meeting of a company?
- Arrange the following process of incorporation of a new LLP in proper sequence.
A. Reserve LLP name
B. Procure Digital Signature Certificate
C. Prepare documents for incorporation of LLP
D. LLP incorporation and DIN Application
E. Drafting and Filling LLP Agreement
F. Apply for PAN and TAN
Choose the correct answer from the options given below: - The liquidator after realizing the assets of the company should distribute the proceeds among below mentioned claimants in which order?
A. Liquidator's remuneration and cost of expenses of winding up.
B. Legal charges
C. Claims of secured creditors
D. Preferential creditors and creditors secured by floating charges
E. Unsecured creditors
Choose the correct answer from the options given below: - Arrange the online registration process of a new private limited company in proper sequence.
A. Select and Reserve Company Name
B. Acquire DIN & DSC of promoters
C. Draft Memorandum and Articles of Association
D. Get Company Registration Certificate
E. File SPICE+ Applicaiton
Choose the correct answer from the options given below:
