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This set of Company Law Multiple Choice Questions & Answers (MCQs) focuses on Company Law Set 2

Q1 | Question: Every AGM must be held with ___ from the date of the BalanceSheet.
  • 4 months
  • 6 months
  • 9 months
  • none of these
Q2 | Question: After the expiry of how much time the company must think that thepermission was not granted
  • 11 weeks
  • 12 weeks
  • 10 weeks
  • none of these
Q3 | Question: The resolution passed at AGM are__________
  • valid
  • void
  • voidable
  • void ab-initio
Q4 | Question: Own funds are called
  • debenture capital
  • share capital
  • loan capital
  • none of the above
Q5 | Question: If a new company get registered with a name which resembles thename of existing company then it should apply to whom?
  • nclt
  • sebi
  • roc
  • none of the above
Q6 | Question: In case of red-herring prospectus the refund is made with an interest@_____
  • 12
  • 13
  • 15
  • 16
Q7 | Question: If the guarantee Co. having no share capital the liability ofshareholders will be
  • to the extent of guarantee
  • unpaid value of shares
  • unlimited
  • none of the above
Q8 | Question: First AGM must be held within_____________ from theincorporation of the company
  • 15 months
  • 18 months
  • 12 months
  • none of these
Q9 | Question: The doctrine of__________ does not apply to acts void ab initio.
  • ultra virus
  • intra virus
  • constructive notice
  • indoor management
Q10 | Question: Cumulative preference share holders have voting right if dividendare in arrears for years
  • 1
  • 2
  • 3
  • 4
Q11 | Question: In case of Partly Convertible Debentures non-convertible portion isclassified as_____
  • debt
  • equity
  • both (a) & (b)
  • none of the above
Q12 | Ques. Transmission is effected by
  • sale
  • death
  • insolvency
  • both (b) & (c)
Q13 | Ques. Which of the following can be used for buy back of shares
  • free reserves
  • securities premium
  • proceeds of fresh issue of shares
  • all of the above
Q14 | Ques. Deposits should issued with in__________ weeks from the date ofreceipt of money.
  • 2
  • 4
  • 6
  • 8
Q15 | Ques. If minimum subscription is not received application money should berefunded with in _____ days
  • 20
  • 25
  • 30
  • 10
Q16 | Ques. Information memorandum + shelf prospectus together constitutes_____
  • memorandum
  • articles
  • prospectus
  • none of the above
Q17 | Ques. In the event of appointing a proxy joint holders shall sign the proxy form
  • singularly
  • jointly
  • none of the above
  • both (a) & (b)
Q18 | Ques. Minimum number of members in case of private company is
  • 1
  • 2
  • 3
  • 4
Q19 | Ques. Maximum no .of members in case of public company is
  • 0
  • unlimited
  • 50
  • 100
Q20 | Ques. The liability of members if company is limited by guarantee.
  • unpaid value of shares
  • guarantee amount
  • unlimited liability
  • none of the above
Q21 | Ques. Which one of the following has a right to claim compensation for anyloss due to mis-statement in prospectus
  • purchasing shares in primary market
  • secondary market
  • subscribers to memo
  • all the above
Q22 | Ques. ______ years of imprisonment will be imposed in case of issue ofprospectus with untrue statements
  • 1
  • 2
  • 3
  • 4
Q23 | Ques. The liability of members if company is limited by shares
  • unpaid value of shares
  • guarantee amount
  • unlimited liability
  • none of the above
Q24 | Ques. Forfeiture can be made only if it is authorized by ______
  • aoa
  • moa
  • roc
  • c.g
Q25 | Ques. Name of the member is struck off from the register in caseof____________
  • issue of share certificate
  • share warrant
  • forfeiture
  • none of the above