Select the correct answer from the options given below and rewrite the statements.
1) ………….. is a person whose name is entered in the Register of Members.
a) Member b) Creditors c) Registrar
Ans:- a) Member
2) A person can be called as a Member when the name is entered in ………………… .
a) Register of charges b) Register of Members c) List of Members
Ans:- b) Register of Members
3) A …………………. cannot be a member of a company.
a) Foreigner b) Woman c) Minor
Ans:- c) Minor
4) When a person buys shares of a company by filling up an application form, person becomes
a member by ………………… .
a) Application and allotment of shares
b) Subscribing to Memorandum
c) Transmission of Shares
Ans:- a) Application and allotment of shares
5) ……………………. means a person ceases being a member of the company.
a) Termination of Membership
b) Acquisition of membership
c) Subscription to Membership
Ans:- a) Termination of Membership
6) A member has right to participate in General Meetings means, he has a right to …………. .
a) receive dividends
b) receive notice and agenda of a meeting
c) to transfer his shares
Ans:- b) receive notice and agenda of a meeting