Chapter 12 – Correspondence with Statutory Authorities.

Chapter 12, Correspondence with Statutory Authorities, fyjc, 11th std, sp, secretarial practice, maharashtra board,

Select the correct answer from the options given below and rewrite the statement.

1._________ is the main authority to regulate the administration of Companies Act, 2013 in India.

Options

• MCA
• Company Secretary
• Board of Directors

2.The headquarters of MCA is at __________.

Options

• Mumbai
• New Delhi
• Pune

3.To administer the provisions of the Companies Act, 2013 is the objective of ___________.

Options

• MCA
• ROC
• Directors

4.________ is responsible for registering companies.

Options

• ROC
• SEBI
• Auditors

5.The Certificate of Incorporation is issued by _________.

Options

• ROC
• MCA
• NCLT

6.___________ can strike off or remove the name of a company from the Register of Companies.

Options

• MCA
• ROC
• SEBI

7. Central Government exercises administrative control over ROCs through the __________

Options

• MCA
• SEBI
• Regional Director

8.________ is the Quasi judicial body set up by Central Government to grant certain approval and deicide disputes under the provisions of Companies Act.

Options

• MCA
• ROC 
• NCLT

9._________ can hear appeals against the orders issued by NCLT.

Options

• NCLAT
• SEBI
• MCA

10.An appeal against the order of NCLAT can be filed in the_____________.

Options

• MCA
• SEBI
• Supreme Court

11.________ was established as a statutory body to regulate the securities market in India.

Options

• NCLT
• MCA
• SEBI

12.________ regulates the functioning of Stock Exchange in India.

Options

• SEBI
• MCA
• ROC

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Match the pairs:

	Group ‘A’		Group ‘B’
a)	Administration of Companies Act, 2013	1)	SEBI
b)	ROC	2)	Hears appeals against orders of NCLT
c)	NCLAT	3)	NCLT
d)	Regulator of Securities Market	4)	Incorporation of companies
e)	Quasi-judicial body	5)	MCA
		6)	Board of directors
		7)	Companies Act 2013
		8)	Regional Director
		9)	Chennai
		10)	Liquidator

SOLUTION

	Group ‘A’		Group ‘B’
a)	Administration of Companies Act, 2013	5)	MCA
b)	ROC	4)	Incorporation of companies
c)	NCLAT	2)	Hears appeals against orders of NCLT
d)	Regulator of Securities Market	1)	SEBI
e)	Quasi-judicial body	3)	NCLT

Write a word or a term or a phase which can substitute for the following:

1.The main authority concerned with administration of Companies Act.

SOLUTION

Ministry of Corporate Affairs (MCA)

2.Organization responsible for administering Companies Act and regulating professional bodies like ICAI, ICSI, etc.

SOLUTION

Ministry of Corporate Affairs (MCA)

3.Authority which issues Certificate of Incorporation to company.

SOLUTION

Registrar of Companies (ROC)

4.Every company has to apply for incorporation to this authority situated in the state where its head office is to be located.

SOLUTION

Registrar of Companies (ROC)

5.Authority that handles corporate civil disputes in India.

SOLUTION

National Company Law Tribunal (NCLT)

6.An appeal against the orders of NCLT is heard by this authority.

SOLUTION

National Company Law Appellate Tribunal (NCLAT)

7.Regulator of securities market in India.

SOLUTION

Securities Exchange Board of India (SEBI)

8.Institution that regulates functioning of stock exchanges and intermediaries in the securities market.

SOLUTION

Securities Exchange Board of India (SEBI).

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State whether the statement is true or false:

1.MCA regulates the functioning of corporate sector as well as administers the Companies Act.

Options

• True
• False

2.MCA has no supervisory authority over professional bodies like ICSI, ICAI, etc.

Options

• True
• False

3.ROC is concerned with registration of companies.

Options

• True
• False

4.On payment of fees, ROC allows the public to inspect certain documents filed with it.

Options

• True
• False

5.NCLT has jurisdiction over proceedings on matters of disputes arising under Companies Act.

Options

• True
• False

6.NCLAT can hear appeals against order of NCLT.

Options

• True
• False

7.NCLAT may confirm, modify or reject the orders passed by the NCLT.

Options

• True
• False

8.SEBI protects the interest of investors in securities market.

Options

• True
• False

9.ROC is the regulator of securities market.

Options

• True
• False

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Complete the sentence.

1.Administration of Companies Act and other Laws related to corporate world is the responsibility of _______

SOLUTION

Administration of Companies Act and other Laws related to corporate world is the responsibility of Ministry of corporate affairs

2.Registration of companies is done by __________.

Fill in the Blank

SOLUTION

Registration of companies is done by Register of companies 

3.The authority which handles corporate civil disputes is called as ___________.

SOLUTION

The authority which handles corporate civil disputes is called as National company law Tribunal

4.The authority which handles corporate civil disputes is called as ___________.

SOLUTION

The authority which hears appeals against the orders of NCLT is called as National company law appellate tribunal

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1.Select the correct option form the bracket.

Group ‘A’	Group ‘B’
Regulator of Securities Market	______________

Options

• NCLAT
• Administers Companies
• SEBI

2.Select the correct option form the bracket.

Group ‘A’	Group ‘B’
MCA	______________

Options

• NCLAT
• Administers Companies Act
• SEBI

3.Select the correct option form the bracket.

Group ‘A’	Group ‘B’
________	Hears appeals against orders of NCLT

Options

• NCLAT
• Administers Companies Act
• SEBI

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Answer in one sentence.

1.Name the authority which administers Companies Act and Partnership Act.

SOLUTION

Ministry of Corporate Affairs (MCA) is the authority that administers Companies Act and Partnership Act.

2.Name the authority attached to High Court which helps in winding-up of companies

SOLUTION

Official Liquidator is the authority that is attached to High Court and helps in winding-up of companies.

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Correct the underline word and rewrite the following statement:

supervises and controls the operations of stock exchanges in India.

One line Answer

SOLUTION

SEBI supervises and controls the operations of stock exchanges in India.