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MCQ Problems / Explanations



As per Sec. 439 who can file a petition to the Tribunal for winding up ? _____

Last updated: Tue, 29 Jul

Official liquidators are appointed from the panel of _______

Last updated: Tue, 29 Jul

In the event of company being wound up the Tribunal shall prepare list of contributories into _____

Last updated: Tue, 29 Jul

An official liquidator is appointed by the _____

Last updated: Tue, 29 Jul

Voting in a company meeting can be through

Last updated: Tue, 29 Jul

For declaration of dividend no ______ resolution is required

Last updated: Tue, 29 Jul

The procedure to write facts about resolution and its decision is called ______

Last updated: Tue, 29 Jul

The exception to the doctrine of constructive notice is provided in ______

Last updated: Tue, 29 Jul

The doctrine of indoor management provides protection to ______

Last updated: Tue, 29 Jul

Shelf prospects relates under Sec. _________

Last updated: Tue, 29 Jul

RBI is an example of _______ company.

Last updated: Tue, 29 Jul

The common seal of the company should have

Last updated: Tue, 29 Jul

Legal position of a promoter of a company is _______

Last updated: Tue, 29 Jul

The statement in lieu of prospectus must be filed with the Registrar at least _____ days beforeany allotment of sha...

Last updated: Tue, 29 Jul

An act which is to be ultra vires a company is _______

Last updated: Tue, 29 Jul

Notice of the registered office of the company shall be given to the Registrar of companieswith in ______

Last updated: Tue, 29 Jul

The charter of a company is its __________

Last updated: Tue, 29 Jul

The alteration of the memorandum has to be certified by the Registrar within

Last updated: Tue, 29 Jul

The most important clause in the Memorandum of Association of a company is __________

Last updated: Tue, 29 Jul

Shelf Prospectus means a prospectus issued by ______

Last updated: Tue, 29 Jul

Where a director acts dishonestly to the interest of the company. He will be held liable for________

Last updated: Tue, 29 Jul

A proxy can vote only in case of _______

Last updated: Tue, 29 Jul

On a winding up order being made, the company's property comes under the custody of______

Last updated: Tue, 29 Jul

The company agrees that the remuneration of non-executive directors shall be decided by_______

Last updated: Tue, 29 Jul

Converting the physical shares into electronic shares is called ______

Last updated: Tue, 29 Jul

Expand CEO

Last updated: Tue, 29 Jul

The listing Agreement was first introduced in India is _______

Last updated: Tue, 29 Jul

4 meeting may be adjourned by _______ circumstances

Last updated: Tue, 29 Jul

The winding up in which a solvency declaration is not made is known as ______-

Last updated: Tue, 29 Jul

The minutes of the company in case of a Board Meeting shall be signed by _______

Last updated: Tue, 29 Jul

Mention one right that the proxy enjoys during a meeting?

Last updated: Tue, 29 Jul

Extra ordinary meeting is a meeting of the ________

Last updated: Tue, 29 Jul

The time gab between two Annual General Meeting should not exceed ________

Last updated: Tue, 29 Jul

Which one of the following documents is submitted by the Board of Directors at every AGM____

Last updated: Tue, 29 Jul

The code on corporate Governance published in the year ______

Last updated: Tue, 29 Jul

The audit committee should meet at least _______ in a year

Last updated: Tue, 29 Jul

IPOS stands for _______

Last updated: Tue, 29 Jul

___________ auditors of the company are appointed by the share holders in Annual GeneralMeeting.

Last updated: Tue, 29 Jul

Audit committee shall act in accordance with the terms of reference to be specified by_________

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________ are the true owners of the company

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Audit committee shall meet at least ______ times in a year.

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An Audit committee may include______

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_________ committee suggests that the non-executive directors can play a crucial role incorporate Governance.`

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Which of the following reports included clauses 49 in the listing agreement

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The Whistle Blower policy was recommended by _______-

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OECD stands for _______

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__________ is a process or set of systems and processes to ensure that a company is managedto suit the best interes...

Last updated: Tue, 29 Jul

In members voluntary winding up control of winding up in the hands of the ________

Last updated: Tue, 29 Jul

The order of dissolution can be issued only by the company.

Last updated: Tue, 29 Jul

_______ is the first state in which assists realised liabilities are paid off and surplus isdistributed.

Last updated: Tue, 29 Jul

The name of a defunct company can be resorted to register on an application made to theTribunal by the company, or ...

Last updated: Tue, 29 Jul

A past member can also be placed on the list of contributories of he has ceased to be a memberwithin ____

Last updated: Tue, 29 Jul

The company is dissolved when the Tribunal passes an order of dissolution and the Tribunalshall pass such order ___...

Last updated: Tue, 29 Jul

In case of members voluntary winding up, the liquidation for conducting the winding upproceedings is appointed by _...

Last updated: Tue, 29 Jul

Winding up by special resolution passed by the company is _______

Last updated: Tue, 29 Jul

Winding up by the order of Tribunal is ____________

Last updated: Tue, 29 Jul

__________ is a decision on the proposal

Last updated: Tue, 29 Jul

_________ is a proposal put before a meeting.

Last updated: Tue, 29 Jul

Special resolution is passed by majority f _______ of the members voting by show of hands oron poll either in perso...

Last updated: Tue, 29 Jul

________ is the resolution which is passed , at valid called general meeting, by specialmajority of the meeting.

Last updated: Tue, 29 Jul

_______ is the resolution which is passed at validly called general meeting, by simple majorityof the members.

Last updated: Tue, 29 Jul

Decisions of a company are made by _______ of its members passed at meeting of members.

Last updated: Tue, 29 Jul

_________ refers to the instrument by which a person is appointed to act for another at ameeting of the company.

Last updated: Tue, 29 Jul

__________ means the list of business or thing to be done at the meeting

Last updated: Tue, 29 Jul

The Chairman of a company has _________ votes

Last updated: Tue, 29 Jul

___________ is the official records of the meeting of the company.

Last updated: Tue, 29 Jul

For the proper conduct of business in a meeting a _________ is necessary

Last updated: Tue, 29 Jul

________ is the minimum number of members that should be present at the meeting as per theArticles of the company b...

Last updated: Tue, 29 Jul

_________called for dealing with some urgent special business which cannot be postponed tillthe next annual general...

Last updated: Tue, 29 Jul

The first annual general meeting of the company must be held within ________

Last updated: Tue, 29 Jul

Statutory meeting must be held with in a period of _____

Last updated: Tue, 29 Jul

_________ is the first general meeting of the shareholders of a public company.

Last updated: Tue, 29 Jul

_________ director act during the absence of the original director.

Last updated: Tue, 29 Jul

The appointment of every director is to be made by an _______at the general meeting.

Last updated: Tue, 29 Jul

The term whole time director is defined in Sec.__________ of the Companies Act 1956

Last updated: Tue, 29 Jul

At one time the appointment of sole selling agent can be made for a period of ______

Last updated: Tue, 29 Jul

When a director voluntarily remains absent from the three consecutive meetings of the Boardof Directors, and

Last updated: Tue, 29 Jul

__________ can be imposed on directors for non compliance of requirements of companiesAct.

Last updated: Tue, 29 Jul

A Managing Director can be appointed for a maximum period of ___________

Last updated: Tue, 29 Jul

__________ is a group of people who are acting on behalf of the Company.

Last updated: Tue, 29 Jul

Minimum number of directors in private company is _________

Last updated: Tue, 29 Jul

Minimum number of directors in public company is ______

Last updated: Tue, 29 Jul

The quorum for a meeting of the board of directors shall be ________ of its total strength or 2directors, whichever...

Last updated: Tue, 29 Jul

A meeting of Board of directors shall be held at least ____________

Last updated: Tue, 29 Jul

__________ is the executive authority of the company.

Last updated: Tue, 29 Jul

A person cannot hold directorship of more than _______ companies at a time.

Last updated: Tue, 29 Jul

The directors may be held _______ liable on their failure to fulfill the formalities imposedupon them by the Act.

Last updated: Tue, 29 Jul

_________ member of directors need to retire every year

Last updated: Tue, 29 Jul

Directors are _________ of the Powers conferred on then and they must exercise those powersbonafide and for the ben...

Last updated: Tue, 29 Jul

The managing directors hold the _______ shares of the company.

Last updated: Tue, 29 Jul

The maximum remuneration paid to a manager cannot exceed _________ percent of theannual net profit.

Last updated: Tue, 29 Jul

__________ vacancy is caused by resignation, death, insolvency or insanity.

Last updated: Tue, 29 Jul

A elected director can be terminated by the

Last updated: Tue, 29 Jul

The office of a director becomes vacant if he fails to obtain his qualification shares within_____

Last updated: Tue, 29 Jul

According to Sec. 225, the Directors should be appointed in the ________-

Last updated: Tue, 29 Jul

____________ is the Supreme policy framing and decision making organ of a company.

Last updated: Tue, 29 Jul

A _______may be defined as a person having control over the affairs, conduct andmanagement of a company.

Last updated: Tue, 29 Jul

Doctrine of constructive notice means _____

Last updated: Tue, 29 Jul

Articles of Association are not required to be registered in case of ____

Last updated: Tue, 29 Jul

Offers may be invited from the public by issuing a document known as _____

Last updated: Tue, 29 Jul