Company Law Set 2
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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