“IGNITE ACADEMY”

Company Law - Ch. 2 – Legal Status and Types of Registered Companies

Time: 45 Min. Total Marks - 19
1. Classify the companies on the basis of liability. [3]
2. Only a Natural Person who is an Indian Citizen can incorporate an OPC. Comment. Also clarify,
whether being resident in India is necessary or not? [4]
3. Difference between Private company and Public Company. [4]
4. A private company which is a subsidiary company of a public company is deemed to be a
public company. Comment. [4]
5. What do you mean by Dormant company. [4]