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McqMate
101. |
A ‐‐‐‐‐‐‐‐‐‐‐‐‐‐ may be defined as a person having aontrol over the affairs, conduct and management of a company. |
A. | Share holders |
B. | Director |
C. | Body Corporate |
D. | Member |
Answer» B. Director |
102. |
‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ is the supreme policy framing and decision making organ of a company. |
A. | Board of directors |
B. | Share holders |
C. | Auditor |
D. | Body corporate |
Answer» A. Board of directors |
103. |
According to sec.225, the directors should be appointed in he ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ |
A. | Office of the Registrar |
B. | General Meeting |
C. | Company |
D. | Share holders |
Answer» B. General Meeting |
104. |
The office of a director becomes vacant if he fails to obtain his qualification shares within ‐‐‐‐‐‐‐‐‐‐‐‐‐ |
A. | 30 days |
B. | 1 month |
C. | 2 months |
D. | 3 month |
Answer» C. 2 months |
105. |
A elected director can be terminated by the |
A. | Company |
B. | High Court |
C. | State Government |
D. | Central Government |
Answer» D. Central Government |
106. |
‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ vacancy is caused by resignation, death, insolvency or insanity |
A. | Casual |
B. | General |
C. | Special |
D. | None of the above |
Answer» A. Casual |
107. |
The maximum remuneration paid to a manager cannot exceed ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ percent of the annual net profit |
A. | 10% |
B. | 5% |
C. | 15% |
D. | 25% |
Answer» B. 5% |
108. |
The managing directors hold the ‐‐‐‐‐‐‐‐‐‐‐‐‐ shares of the company. |
A. | Deemed |
B. | Equity |
C. | Qualification |
D. | Preference |
Answer» C. Qualification |
109. |
Directors are ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ of he powers conferred on then and they must exercise those powers bonafide and for the benefit of the company. |
A. | Trustee |
B. | Management |
C. | Representative |
D. | None of the above |
Answer» A. Trustee |
110. |
‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ Member of directors need to retire every year |
A. | 2/3 |
B. | 2 |
C. | ¼ |
D. | 1/3 |
Answer» D. 1/3 |
111. |
The directors may be held ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ liable on their failure to fulfill the formalities imposed upon them by the Act |
A. | General law |
B. | Criminal |
C. | Civil |
D. | All of the above |
Answer» B. Criminal |
112. |
A person cannot hold directorship of more than ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐companies at a time |
A. | 15 |
B. | 50 |
C. | 25 |
D. | 10 |
Answer» A. 15 |
113. |
‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐is the executive authority of the company |
A. | Partners |
B. | Shareholders |
C. | Board of Directors |
D. | Expert |
Answer» C. Board of Directors |
114. |
A meeting of Board of Directors shall be held at least ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ |
A. | One month |
B. | Once in every 3 months and at least 4 such meetings shall be held every year. |
C. | Two month |
D. | 4 months and at least 3 such meetings must be held in every year. |
Answer» B. Once in every 3 months and at least 4 such meetings shall be held every year. |
115. |
The quorum for a meeting of the board of directors shall be ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ of its total strength or 2 directors whichever is higher. |
A. | 3 |
B. | ½ |
C. | ¼ |
D. | 1/3 |
Answer» D. 1/3 |
116. |
Minimum number of directors in public company is ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ |
A. | 3 |
B. | 2 |
C. | 4 |
D. | 1 |
Answer» A. 3 |
117. |
Minimum number of directors in private company is ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ |
A. | 3 |
B. | 2 |
C. | 4 |
D. | 1 |
Answer» B. 2 |
118. |
‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ is a group of people who are acting on behalf of the company |
A. | Managing Director |
B. | Partnership |
C. | Board of Directors |
D. | All of the above |
Answer» C. Board of Directors |
119. |
A managing Director can be appointed for a maximum period of ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ |
A. | 2 years |
B. | 10 years |
C. | 3 years |
D. | 5 years |
Answer» D. 5 years |
120. |
‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ can be imposed on directors for non compliance of requirements’of companies Act |
A. | Penalty |
B. | Fine |
C. | Statutory penalty |
D. | Criminal liability |
Answer» B. Fine |
121. |
When a director voluntarily remains absent from the three consecutive meetings of the Board of Directors, and |
A. | He become liable to be punished with @Rs.500 for every default |
B. | He is disqualified for becoming a director of any company |
C. | His office falls vacant |
D. | None of the above |
Answer» C. His office falls vacant |
122. |
‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ is a manufacturing process |
A. | Railway running shed |
B. | Existing films |
C. | Making of Bidi |
D. | Mere‐storage of salable articles in refrigerator. |
Answer» C. Making of Bidi |
123. |
The term whole time director is defined in sec.‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ of the Companies Act 1956 |
A. | 2(25) |
B. | 2(24) |
C. | 3(25) |
D. | 3(24) |
Answer» B. 2(24) |
124. |
‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ director act during the absence of the original director. |
A. | First director |
B. | Additional director |
C. | Alternative director |
D. | Representative director |
Answer» C. Alternative director |
125. |
‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ is the first general meeting of the share holders odf a public company |
A. | Extra ordinary meeting |
B. | Class meeting |
C. | General meeting |
D. | Statutory meeting. |
Answer» D. Statutory meeting. |
126. |
Statutory meeting held within a period of ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ |
A. | 90 days from the date at which the company is entitled to start its business |
B. | 6 months from the date of incorporation |
C. | Not less one month & not more than 6 month which the company is entitled to start its business |
D. | 18 months from the date of incorporation |
Answer» C. Not less one month & not more than 6 month which the company is entitled to start its business |
127. |
The first annual general meeting of the company must be held within ‐‐‐‐‐‐‐‐‐‐‐‐‐‐ |
A. | 6 months of incorporation |
B. | 6 months from the date at which the company’s entitled to start its business |
C. | 18 months from the date at which the company is entitled to start its business |
D. | 18 months of incorporation. |
Answer» D. 18 months of incorporation. |
128. |
‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ called for dealing with some urgent special business which cannot e postponed till the next annual general meeting. |
A. | Extra ordinary general meeting |
B. | Ordinary general meeting |
C. | Class meeting |
D. | None of the above. |
Answer» A. Extra ordinary general meeting |
129. |
‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ is the minimum number that should be present at the meeting as per the articles of the company before any business can be validly transacted. |
A. | Minutes |
B. | Quorum |
C. | Register |
D. | Proxies |
Answer» B. Quorum |
130. |
For the proper conduct of business in a meeting a ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ is necessary |
A. | Director |
B. | Managing director |
C. | Chairman |
D. | Shareholders |
Answer» C. Chairman |
131. |
‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ is the official records of the meeting of the company |
A. | Quorum |
B. | Register |
C. | Report |
D. | Minute |
Answer» D. Minute |
132. |
The chairman of the company has ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ vote |
A. | 1 |
B. | 3 |
C. | 2 |
D. | None of these. |
Answer» C. 2 |
133. |
‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ means the list of business or thing to be done at the meeting |
A. | Quorum |
B. | Register |
C. | Minutes |
D. | Agenda |
Answer» D. Agenda |
134. |
‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ refers to the instrument by which a person is appointed to act for another at a meeting of the company. |
A. | Proxy |
B. | Quorum |
C. | Motion |
D. | None of the above |
Answer» A. Proxy |
135. |
Decisions of a company are made by ‐‐‐‐‐‐‐‐‐ of its members passed at meeting of members |
A. | Notice |
B. | Resolution |
C. | Quorum |
D. | Circular |
Answer» B. Resolution |
136. |
‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ is the resolution which is passed at validly called general meeting, by simple majority of the members. |
A. | Special resolution |
B. | Resolution by postal ballot |
C. | Ordinary resolution |
D. | Resolution requiring special notice. |
Answer» C. Ordinary resolution |
137. |
‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ is the resolution which is passed , at valid called general meeting, by special majority of the meeting. |
A. | Ordinary resolution |
B. | Special resolution |
C. | Resolution by postal ballot |
D. | Resolution requiring special notice. |
Answer» B. Special resolution |
138. |
Special resolution is passed by majority ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ of the members voting by show of hands or on poll either in person or by proxy. |
A. | 1/3 |
B. | ½ |
C. | 3 |
D. | ¾ |
Answer» D. ¾ |
139. |
‐‐‐‐‐‐‐‐‐‐‐‐ is a proposal put before a meeting. |
A. | Motion |
B. | Resolution |
C. | Quorum |
D. | Proxy |
Answer» A. Motion |
140. |
‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ is a decision on the proposal |
A. | Quorum |
B. | Proxy |
C. | Motion |
D. | Resolution |
Answer» D. Resolution |
141. |
winding up by the order of Tribunal is ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ |
A. | Voluntary winding up |
B. | Compulsory winding up |
C. | Winding up |
D. | All the above. |
Answer» B. Compulsory winding up |
142. |
Winding up by special resolution passed by the company |
A. | Compulsory winding up |
B. | Winding up |
C. | Voluntary winding up |
D. | All of the above |
Answer» C. Voluntary winding up |
143. |
In case of members voluntary winding up , the liquidation for conducting the winding up proceedings is appointed by ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐. |
A. | Central government |
B. | Company in its general meeting |
C. | Company law board |
D. | Register |
Answer» B. Company in its general meeting |
144. |
The company is dissolved when the tribunal passes in order of dissolution and the Tribunal shelf pass such order ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐. |
A. | When the affairs of the company have been completely wound up |
B. | Immediately after the winding up order |
C. | At the instance of Central government |
D. | At the distance of company law Board. |
Answer» A. When the affairs of the company have been completely wound up |
145. |
A past member can also be placed on the list of contributories of he has ceased to be a member within ‐‐‐‐‐‐‐‐‐‐‐‐‐ |
A. | 3 years before the commencement of the winding up |
B. | 2 years before the commencement of the winding up |
C. | 18 months before the commencement of the winding up |
D. | 12 months before the commencement of the winding up |
Answer» D. 12 months before the commencement of the winding up |
146. |
The name of a defunct company can be resorted to register on an application made to the Tribunal by the company, or any member or a creditor within ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐. |
A. | 3 years from the dissolution |
B. | 6 years from the dissolution |
C. | 20 years from the dissolution |
D. | 12 years from the dissolution. |
Answer» C. 20 years from the dissolution |
147. |
‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐is the first state in which assists realized liabilities are paid off and surplus is distributed |
A. | Dissolution |
B. | Winding up |
C. | Acquisitions |
D. | All of the above |
Answer» B. Winding up |
148. |
The order of dissolution can be issued only by the company |
A. | Tribunal |
B. | Company Law Board |
C. | Both A and B |
D. | None of these. |
Answer» A. Tribunal |
149. |
In members voluntary winding up control of winding up in the hands of the ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ |
A. | Creditors |
B. | Members |
C. | Company |
D. | Directors |
Answer» C. Company |
150. |
A person who completed 15th year and below 18 year |
A. | Audit |
B. | Adolescent |
C. | Minor |
D. | Young person |
Answer» B. Adolescent |
151. |
‐‐‐‐‐‐‐‐‐‐‐‐‐‐ mean a person who is either child or Adolescent |
A. | Child |
B. | Young person |
C. | Adolescent |
D. | Adult |
Answer» B. Young person |
152. |
‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ is a person who has ultimate control over the affairs of factory |
A. | Young person |
B. | Adult |
C. | Occupier |
D. | Adolescent |
Answer» C. Occupier |
153. |
Section 10 provides for the appointment of ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ |
A. | Inspector |
B. | Adult |
C. | Certifying surgeon |
D. | Adolescent |
Answer» C. Certifying surgeon |
154. |
Every worker who worked for ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ days entitled to Annual Wages |
A. | 200 |
B. | 240 |
C. | 500 |
D. | 440 |
Answer» B. 240 |
155. |
Factories Act came in to existence in ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ |
A. | 1948 |
B. | 1881 |
C. | 1781 |
D. | 1757 |
Answer» A. 1948 |
156. |
Corporal property is ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ |
A. | Equable |
B. | Visible |
C. | Tangible |
D. | Flexible |
Answer» C. Tangible |
157. |
‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ are the true owners of the company. |
A. | Members |
B. | Investors |
C. | Directors |
D. | Share holders |
Answer» D. Share holders |
158. |
Corporal refer to ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ |
A. | Possession |
B. | Ownership |
C. | Building |
D. | Computer |
Answer» B. Ownership |
159. |
‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ auditors of the company are appointed by the share holders in annual General Meeting. |
A. | General |
B. | Statutory |
C. | Special |
D. | None of these |
Answer» B. Statutory |
160. |
In corporal properties are not ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ |
A. | Flexible |
B. | Apparent |
C. | Corporal |
D. | Reachable |
Answer» B. Apparent |
161. |
The board shall meet at least four time a year, with a maximum times gap of ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ between any two meetings |
A. | 6 months |
B. | 3 months |
C. | 2 months |
D. | 4 months |
Answer» B. 3 months |
162. |
A ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ is a visual symbol attached to goods |
A. | Patent |
B. | A trade mark |
C. | Corporal goods |
D. | Sealed goods |
Answer» B. A trade mark |
163. |
A registered trade mark is called ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ |
A. | Patent |
B. | Sealed good |
C. | Common Law Mark |
D. | ISI mark |
Answer» C. Common Law Mark |
164. |
Which of the following documents is submitted by the board of directors at every AGM‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐? |
A. | Balance sheet |
B. | Profit and Loss Account |
C. | Both A and B |
D. | None of the above |
Answer» C. Both A and B |
165. |
The time gap between two Annual Meeting should not exceed‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ |
A. | 6 months |
B. | 12 months |
C. | 8 months |
D. | 15 months. |
Answer» D. 15 months. |
166. |
Extra ordinary meeting of the ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ |
A. | Member |
B. | Share holders |
C. | Directors |
D. | Both A and B |
Answer» B. Share holders |
167. |
East India Company is an example of ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ company |
A. | Chartered |
B. | Statutory |
C. | Registered |
D. | Foreign. |
Answer» A. Chartered |
168. |
Mention one right that the proxy enjoys during a meeting? |
A. | Right to attend the meeting |
B. | Right to poll |
C. | Right to vote |
D. | None of these |
Answer» C. Right to vote |
169. |
The minutes of the company in case of a Board Meeting shall be signed by ‐‐‐‐‐‐‐‐‐‐‐‐‐‐ |
A. | Director |
B. | Chairman |
C. | Managing director |
D. | Both A and B. |
Answer» B. Chairman |
170. |
The winding up in which a solvency declaration is not made is known as ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ |
A. | Creditors voluntary winding up |
B. | Members voluntary winding up |
C. | Compulsory winding up |
D. | None of the above |
Answer» A. Creditors voluntary winding up |
171. |
For meeting may be adjourned by ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ circumstances |
A. | Quorum is not present |
B. | Lack of information |
C. | Balance sheet is not present |
D. | None of the above |
Answer» B. Lack of information |
172. |
‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ guarantees its established quality |
A. | Patent |
B. | Goods |
C. | Trade mark |
D. | Safety |
Answer» C. Trade mark |
173. |
A unique feature of trade mark is its ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ |
A. | Corporality |
B. | Perpetual life |
C. | Degeneration |
D. | Industrialism |
Answer» B. Perpetual life |
174. |
‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ is a kind of industrial property which can be purchased |
A. | Trade mark |
B. | Collective mark |
C. | Patent |
D. | ISI mark |
Answer» C. Patent |
175. |
The company agrees that the remuneration of non‐ executive directors shall be decided by ‐‐‐‐‐‐‐‐‐‐ |
A. | Company |
B. | Share holders |
C. | Board of Directors |
D. | Central Government |
Answer» C. Board of Directors |
176. |
On a winding up order being made, the co9mpany’s property comes under the custody of ‐‐‐‐‐‐‐‐‐‐‐‐ |
A. | Central Government |
B. | Tribunal |
C. | Share holders |
D. | Liquidator |
Answer» D. Liquidator |
177. |
A proxy can vote only in case of ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ |
A. | Vote |
B. | Poll |
C. | Election |
D. | None of these. |
Answer» B. Poll |
178. |
Where a directors acts dishonestly to the interest of the company. He will be held liable for ‐‐‐‐‐‐‐‐‐‐ ‐‐‐‐‐‐ |
A. | Negligence |
B. | Malafide acts |
C. | Ultra virus acts |
D. | Breach of fiduciary duty |
Answer» D. Breach of fiduciary duty |
179. |
Shelf Prospectus means a prospectus issued by ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ |
A. | Any trading company |
B. | Any industrial company |
C. | Any financial institution of bank |
D. | None of the above. |
Answer» C. Any financial institution of bank |
180. |
The most clause in the memorandum of Association of a company is‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ |
A. | Name clause |
B. | Objects clause |
C. | Registered Office Clause. |
D. | Liability clause |
Answer» B. Objects clause |
181. |
The alteration of the memorandum has to be certified by the Registrar within |
A. | 30 days |
B. | 15 days |
C. | 45 days |
D. | 60 days |
Answer» A. 30 days |
182. |
The charter of a company is its ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ |
A. | Articles of Association |
B. | Prospectus |
C. | Memorandum of Association |
D. | Certificate of incorporation |
Answer» C. Memorandum of Association |
183. |
Notice of the registered office of the company shall be given to the registration of companies within ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ |
A. | 45 days |
B. | 30 days |
C. | 15 days |
D. | 60 days |
Answer» B. 30 days |
184. |
An act which is to be ultra virus a company is ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ |
A. | Void |
B. | Valid |
C. | Both A and B |
D. | None of these. |
Answer» A. Void |
185. |
The statement in lieu of prospectus must be filed with the Registrar at least ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ days before any allotment of shares is made. |
A. | 15 |
B. | 30 |
C. | 6 |
D. | 3 |
Answer» D. 3 |
186. |
Legal position of a promoter of a company is ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ |
A. | That of an agent |
B. | That of a Trustee |
C. | In a judiciary capacity |
D. | That of a solicitor |
Answer» C. In a judiciary capacity |
187. |
The common seal of the company should have |
A. | The company’s name |
B. | The word Corporate seal |
C. | The Place of the company |
D. | All of the above. |
Answer» D. All of the above. |
188. |
RBI is an example of ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ company |
A. | Charted |
B. | Statutory |
C. | Licenced |
D. | Registered |
Answer» B. Statutory |
189. |
Shelf prospects relates under Sec. ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ |
A. | 16 A |
B. | 14 A |
C. | 60 A |
D. | 40 A |
Answer» C. 60 A |
190. |
The doctrine of indoor management provides protection to ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ |
A. | The outsider |
B. | The Board of Directors |
C. | The Share holders |
D. | The managing directors |
Answer» A. The outsider |
191. |
The exception to the doctrine of constructive notice is provided in ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ |
A. | Lifting the corporate veil |
B. | Doctrine of indoor management |
C. | Doctrine of ultra virus |
D. | None of these |
Answer» B. Doctrine of indoor management |
192. |
The procedure to write facts about resolution and its decision is called |
A. | Quorum |
B. | Notice |
C. | Minutes of narration |
D. | None of the above |
Answer» C. Minutes of narration |
193. |
For declaration of dividend no ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ resolution is required |
A. | Ordinary |
B. | Special |
C. | Simple |
D. | None of the above |
Answer» B. Special |
194. |
Minutes of company meeting should e prepared with in ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ of the meeting |
A. | 21 days |
B. | 30 days |
C. | 40 days |
D. | 45 days |
Answer» B. 30 days |
195. |
Voting in a company meeting can be through |
A. | Ballot |
B. | Raising hands |
C. | Raising votes |
D. | All of these. |
Answer» D. All of these. |
196. |
An official liquidator is appointed by the ‐‐‐‐‐‐‐‐‐‐‐‐‐ |
A. | Central government |
B. | By Court |
C. | State Government |
D. | Company |
Answer» A. Central government |
197. |
In the event of company being wound up the Tribunal shall prepare list of contributories into ‐‐‐‐‐‐‐‐ ‐‐‐‐‐‐‐ |
A. | List A |
B. | List B |
C. | List A and B |
D. | List A or B |
Answer» C. List A and B |
198. |
Official liquidators are appointed from the panel of ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ |
A. | Professional firm of Chartered Accountant |
B. | Advocate |
C. | Company Secretaries |
D. | All of the above |
Answer» D. All of the above |
199. |
As per Sec. 439 who can file a petition to the Tribunal for winding up? |
A. | The Registrar |
B. | Company |
C. | Contributory |
D. | Any one of these. |
Answer» D. Any one of these. |
Done Reading?