Match the LIST-I with LIST-II (under the Companies Act, 2013) LIST-ILIST-II A. Section 2 (85) I.…
Matching the definitions and provisions under the Companies Act, 2013: Section 2(85) defines a 'Small Company' (A-IV); Section 455 governs a 'Dormant Company' formed for a…
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Match the LIST-I with LIST-II (under the Companies Act, 2013)
| LIST-I | LIST-II |
|---|---|
| A. Section 2 (85) | I. Associate Company |
| B. Section 455 | II. Producer Company |
| C. Section 378A | III. Dormant Company |
| D. Section 2 (6) | IV. Small Company |
Answer and explanation
Correct answer D
Matching the definitions and provisions under the Companies Act, 2013: Section 2(85) defines a 'Small Company' (A-IV); Section 455 governs a 'Dormant Company' formed for a future project or holding an asset with no significant accounting transactions (B-III); Section 378A (Chapter XXIA) governs a 'Producer Company' (C-II); and Section 2(6) defines an 'Associate Company' in which the other company has significant influence (D-I).
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UGC NET Commerce