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MCQ Problems / Explanations



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

Last updated: Sun, 13 Jul

Official liquidators are appointed from the panel of _______

Last updated: Sun, 13 Jul

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

Last updated: Sun, 13 Jul

An official liquidator is appointed by the _____

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Voting in a company meeting can be through

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For declaration of dividend no ______ resolution is required

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

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

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The doctrine of indoor management provides protection to ______

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Shelf prospects relates under Sec. _________

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RBI is an example of _______ company.

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The common seal of the company should have

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Legal position of a promoter of a company is _______

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

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

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

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The charter of a company is its __________

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

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

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Shelf Prospectus means a prospectus issued by ______

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

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A proxy can vote only in case of _______

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

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

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Converting the physical shares into electronic shares is called ______

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Expand CEO

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The listing Agreement was first introduced in India is _______

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4 meeting may be adjourned by _______ circumstances

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

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

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Mention one right that the proxy enjoys during a meeting?

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Extra ordinary meeting is a meeting of the ________

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

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

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The code on corporate Governance published in the year ______

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The audit committee should meet at least _______ in a year

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IPOS stands for _______

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

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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...

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

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

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

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

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

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

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

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Winding up by special resolution passed by the company is _______

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Winding up by the order of Tribunal is ____________

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__________ is a decision on the proposal

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_________ is a proposal put before a meeting.

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

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

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

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

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

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

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The Chairman of a company has _________ votes

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

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

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

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

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

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Statutory meeting must be held with in a period of _____

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

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_________ director act during the absence of the original director.

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

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

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

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

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

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

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

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Minimum number of directors in private company is _________

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Minimum number of directors in public company is ______

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

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

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__________ is the executive authority of the company.

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

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

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_________ member of directors need to retire every year

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

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The managing directors hold the _______ shares of the company.

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

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

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A elected director can be terminated by the

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

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

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

Last updated: Sun, 13 Jul

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

Last updated: Sun, 13 Jul

Doctrine of constructive notice means _____

Last updated: Sun, 13 Jul

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

Last updated: Sun, 13 Jul

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

Last updated: Sun, 13 Jul