Formation and Organization – Fill In the Blanks

True Tamplin

Written by True Tamplin, BSc, CEPF®
Updated on August 15, 2021

1. is not required to issue prospectus.

2. The minimum number of members in private limited company is and the maximum is .

3. A public limited company must have at least directors.

4. The documents which are issued to the public with a view to invite applications for the sale of shares are .

5. The are the owners of the company.

6. The memorandum of association must contain the following five clauses a. b. c. d. e .

7. The private limited company must have the word of as a part of its name.

8. The amount called but not paid by the share-holders is called as .

9. The corporation business is governed by .

10. The shares of public limited company are .

True Tamplin, BSc, CEPF®

About the Author
True Tamplin, BSc, CEPF®

True Tamplin is a published author, public speaker, CEO of UpDigital, and founder of Finance Strategists.

True contributes to his own finance dictionary, Finance Strategists, and has spoken to various financial communities such as the CFA Institute, as well as university students like his Alma mater, Biola University, where he received a bachelor of science in business and data analytics.

To learn more about True, visit his personal website, view his author profile on Amazon, his interview on CBS, or check out his speaker profile on the CFA Institute website.

2 thoughts on “Formation and Organization – Fill In the Blanks”

    • Thanks! Let us know what other kinds of information you’d like to see and we’ll try to add it in the future. Best of luck!


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