CA Inter P2 · Chapter 1 · Question 1 of 9
Under section 2(20) of the Companies Act, 2013, the term 'company' means:
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: B) A company incorporated under the Companies Act, 2013 or under any previous company law
Explanation
Section 2(20) defines 'company' as a company incorporated under the Companies Act, 2013 or under any previous company law. A body corporate (section 2(11)) is a wider term and includes a company incorporated outside India. Companies registered under earlier Acts such as the Companies Act, 1956 are also 'companies'.
More Preliminary MCQs
- Q3Which of the following is NOT a restriction that the articles of a private company must contain under section 2(68)?
- Q4Megha Ltd is a subsidiary of Trident Ltd, a public company. The articles of Megha Ltd contain all the restrictions applicable to a private…
- Q5As per section 2(87), Company X will be a subsidiary of Company Y if Company Y:
- Q6Under the Explanation to section 2(6), 'significant influence' for identifying an associate company means control of at least ______ of…
- Q7Which of the following companies can be a 'small company' under section 2(85), provided it meets the capital and turnover criteria?