Quiznetik

Corporate Regulations | Set 2

1. __________ is a document showing title

Correct : C. Both (a) & (b)

2. A share certificate is required to be signed by ___________.

Correct : D. company secretary

3. Which of the following can issue the share warrant

Correct : A. Public

4. _________ are attached to the share warrant

Correct : A. Dividend coupon

5. C.G. approval is necessary in case of issue of __________

Correct : B. Share warrant

6. In case of __________ duplicate can be obtained if it lost

Correct : B. Share certificate

7. Duplicate certificate obtained if original certificate lost in case of.

Correct : A. Share Certificate

8. Transfer deed should in Form No.

Correct : C. 7 B

9. _________ is voluntary passage of the rights and duties of member from a share holder.

Correct : A. Transfer

10. The person who transfer his rights and duties is called __________

Correct : B. Transferor

11. The person to whom the rights and duties are endorsed is called _________

Correct : A. Transferee

12. _______ is an instrument of transfer signed by the transferor in which the name & date are not filled.

Correct : B. Blank transfer

13. _______ transfer is null and void

Correct : A. Forged

14. If the ownership of shares goes to another by operation of law is called as _______

Correct : B. Transmission

15. Transfer is effected by _______

Correct : A. Sales

16. Transmission is effected by ______

Correct : D. Both (b) & (c)

17. In which of the following stamp duty & consideration not necessary ________

Correct : B. Transmission

18. _______ gets all liabilities of original owner

Correct : B. Transferee

19. A share warrant is transferable by _________

Correct : B. By delivery

20. Company to accept calls in advance from shareholders they should have permission in

Correct : B. AOA

21. Forfeiture can be made only if it is authorized by ________

Correct : B. MOA

22. Name of the member is struck off from the register in case of ________

Correct : B. Share warrant

23. _________Days be given for payment of call money from the date of service of notice

Correct : A. 14

24. _________ arises in respect of debt due on shares as well as on other transactions.

Correct : B. Lien

25. Return of partly paid shares by the shareholders to the company is _______

Correct : A. Surrender

26. ________ is a short cut to forfeiture

Correct : B. Surrender

27. No consideration shall be paid by the company in exchange of __________ shares

Correct : C. Surrender

28. Interest out of capital can be paid only if it is sanctioned by____

Correct : B. AOA

29. What is the time limit for conducting statutory meeting?

Correct : B. 1 to 6 months

30. Notice of statutory meeting should be given with a period not less than

Correct : A. 21 clear days

31. Notice of statutory meeting should be attested by at least.

Correct : B. 2 directors

32. The time gap between two AGM’s shall not exceed.

Correct : A. 15 months

33. First AGM must be held within __________ from the incorporation of the company

Correct : B. 18 months

34. Every AGM must be held with ___________ from the date of the Balance Sheet.

Correct : C. 9 months

35. First AGM must be held within ____________ from the date of the balance sheet

Correct : B. 9months

36. AGM should be held at

Correct : B. Registered office

37. Failure to convene AGM u/s 166 penalty will be

Correct : A. 50,000+250 per every day

38. In case of Public Company the quorum should be

Correct : A. 5 members

39. In case of private company the quorum should be

Correct : A. 2 members

40. _______ meeting given an opportunity to the member to know discuss on promotion & formation of the company.

Correct : C. Statutory

41. _________ report is send by the directors to its members.

Correct : C. Annual

42. In the given below who are not required to hold Statutory General Meeting

Correct : D. Both (a) & (b)

43. In case of Statutory General Meeting receipts & payments are prepared up to _______ days before the date of report

Correct : C. 7

44. Who should certify that company allotted the shares and cash received in respect there of ______

Correct : A. Auditor

45. In the given below who are required to hold A.G.M _______

Correct : A. Public company

46. The time period for conduction of AGM is extended by ROC for how many months

Correct : C. 3

47. _________ opined that ROC could grant extension only when application for extension is made before the expiry of period u/s 166 (1)

Correct : A. DCA

48. Which of the following company can held the AGM on public holiday__________

Correct : D. Association not for profits

49. _______ may grant exemption to any class of companies with regard to the time & place of AGM.

Correct : A. C.G

50. In case of failure to convene the AGM fine is upto Rs._________

Correct : B. 50,000

51. In case of continuing default to convene the AGM fine is Rs. _______ for every day.

Correct : A. 250

52. The resolution passed at AGM are _______

Correct : A. Valid

53. Every business transacted at an EGM is a _________ business

Correct : B. Special

54. Majority rule is not applicable when

Correct : D. all the above

55. A cost auditor makes his report to:

Correct : B. Directors of company

56. A company not declare dividend at.

Correct : A. Statutory meeting

57. If as a person is present in more than 1 capacity his presence will be counted as _____

Correct : B. 2

58. In the absence of a quorum the proceedings of the meeting will be _________

Correct : B. Void

59. If quorum is not present with in _________ time the meeting is stand dissolved.

Correct : A. ½ Hr.

60. _________ Order to call a EGM even though 1 member present in person or by proxy.

Correct : B. C.G.

61. ________ can vote at the meeting even though not a member.

Correct : D. All the above

62. Voting right can’t be exercised in case of _________

Correct : B. Calls in arrears

63. Proxy need not be a ____ of the company

Correct : C. Both a and b

64. ________ is the official recording of the proceedings of a meeting

Correct : B. Minutes

65. Minutes should be recorded within _________ days from the date of conclusion of every meeting

Correct : C. 30

66. Loose – leaf minutes to be bound into books at regular intervals of _________ months

Correct : A. 6

67. Within ______weeks requisition requiring circulation of a resolution may be deposited with ROC.

Correct : A. 3

68. Qualification shares for a director are provided in the ________

Correct : A. Company Act

69. Directors are __________ of the company

Correct : D. None of the above

70. A special resolution is passed with

Correct : C. 75%

71. Which of the following meeting can be held more than once in a calendar year?

Correct : A. E.G.M

72. In which one or more of the following company a member does not have a right to appoint proxy:

Correct : B. Public company not having share capital

73. A proxy must bear revenue stamp worth.

Correct : B. 15 paise

74. In which one of the following cases an ordinary resolution may be passed _________

Correct : C. Compulsory winding up of the company

75. Notice of Adjourn meeting is not required of a meeting is

Correct : A. Adjourn for want of quorum

76. An official liquidator is appointed by the _____

Correct : A. Central government

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

Correct : C. List A and List B

78. Official liquidators are appointed from the panel of _______

Correct : D. All of the above

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

Correct : D. Any one of these