Page 47 - DCOM106_COMPANY_LAW

Company Law

Notes (ii) Holding and subsidiary companies
(iii) Foreign Company
(iv) Non-profit company/section 25 company
(v) Guarantee Company

(vi) Investment Company
11. Explain the consequences and remedy, if any, in respect of the following situations:
(i) A private company has contravened the provisions of s.3(i)(iii) (i.e. definition of a
private company) of the Companies Act, 1956;
(ii) The number of members of a company registered as a public company is reduced to
five.

Answers: Self Assessment

1. Chartered Company 2. Statutory

3. Guarantee Company 4. Share Capital
5. (a) 6. (b)
7. (d) 8. (b)

9. (a) 10. (b)
11. True 12. True
13. False 14. True
15. True

3.12 Further Readings

Books Aggarwal, Rohini (2003), “Student’s Guide to Mercantile and Commercial Laws,”
Taxmann’s, New Delhi.
Avtar Singh, Company Law, Eastern Publishers.
Begrail, Ashok K, Company Law, Vikas Publishing House, Delhi.

Kapoor, N.D, Company Law, Sultan Chand & Sons, New Delhi.
M.C. Kucchal ( 2002), Business Law, Vikas Publishing House Pvt. Ltd, Delhi.
P.C. Tulsian (2002), Business Law, Tata Mc. Graw Hill Pvt. Ltd, Delhi.
S S. Gulshan, Business Law, Excel Books, New Delhi, 2006.

Online links http://www.indialawinfo.com/bareacts/soga.html
www.en.wikipedia.org
www.webopedia.com

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