1).Company is named as Government Company if it is holds--% of paid up
share capital. (c)
(a)more than 30 (b) more than 40 (c)
more than 50 (d) None
2).Which companies are exempted to add
“Ltd” or “Pvt Ltd” at the end of
their name? (d)
(a) Private (b) Government (c)
Defunct (d) Association not for profit
3).The term company is defined under which sec of the Act? (b)
(a) Sec4 (2) (b)
Sec 3(1) (c) Sec2 (4) (d)
Sec1 (3)
4).Property of the company belongs to .
(d)
(a)Promoters (b)
Shareholders (c) Members (d) Company
5).Minimum number of members in case of public company . (d)
(a)1 (b)2 (c)5 (d)7
6).Minimum subscription should be received within days (c)
(a) 130 (b) 125 (c) 120 (d) 135
7).If minimum subscription is not received application money should be refunded with in (a)
----------days
(a)10 (b)25 (c)30 (d)20
8).Minimum paid up share capital in case of a private company is . (a)
(a)1 Lakh (b) 2 Lakhs (c) 3 Lakhs (d) 4 Lakhs
9).Minimum paid up share capital in case
of a public company is (c)
(a)1 Lakh (b) 3 Lakhs (c) 5 Lakhs (d)
7 Lakhs
10).Minimum no. of Directors in case
of a public company is
(c)
(a)1 (b)2 (c)3 (d)4
11).Minimum no. of Directors in case
of private company is
? (b)
(a)1 (b)2 (c)3 (d)4
12).The liability of members if company is limited by guarantee. (b)
(a)Unpaid value of shares (b) Guarantee amount (c)
Unlimited liability
(d) None of the above
13).Minimum number of members in case
of public company (d)
(a)1 (b)2 (c)5 (d)7
14).Minimum number of members in case
of private company is (b)
(a)1 (b)2 (c)3 (d)8
15).Maximum no. of members in case
of private company is (d)
(a) 50 (b)100 (c)150 (d)200
16).Maximum number of members
in case of public company is (b)
(a)0 (b) unlimited (c) 50 (d) 100
17).How many months did the company can continue its business u/s 45 (d)
(a) 1 (b)2 (c)5 (d)6
18).If the company failed to refund
application money within 130 days
from the date of
issue
of prospectus on non receipt of minimum subscription who will be personally liable. (b)
(a)
Company (b) Directors (c)
Shareholders (d) None of these
19). In the case of Company, Audit is (a)
(a) Compulsory (b) Optional (c) None of the above
20).Generally rights and obligations of
the company are regulated in (b)
(a) ARTICLES OF ASSOCIATION (b) MEMORANDUM OF ASSOCIATION (c) Partnership deed. (d)
None of these
21).Generally rights and obligations of
the Partnership firm are regulated in (c)
(a)ARTICLES OF ASSOCIATION (b) MEMORANDUM OF ASSOCIATION (c) Partnership deed (d)
None of these
22). If the companies does not increase
their paid up capital by 1/5 lakhs within 2 years such companies are
known as ? (c)
(a)Private (b) Public (c) Defunct (d)
Govt Company
23).Under which section a private
company can voluntarily converted into public company (b)
(a) 34 (b)44 (c)54 (d)64
24).Under which section a private
company can automatically converted into a public company (b)
(a) 34 (b)43 (c)53 (d)35
25).Central Government permission is required in case of conversion (b)
(a)Private to public (b) Public to private (c) Both (a) or (b) (d)
None of the above
26).With in how many days prospectus or statement in lieu of prospectus
should file with REGISTRAR OF
COMPANIES (a)
(a) 30 (b)40 (c)20 (d)50
27).
% of
shares should be held by a company in another
company so as to become subsidiary (a) (a)more
than 50 (b) more than 40 (c) more than 30 (d)
more than 20
28).Liability under section
may be imposed only if it is proved that the companies business has
been carried on with a view to defraud the creditors (b)
(a) 540 (b) 542 (c) 541 (d) 543
29).In case of Non –Profit making
Companies notice of general meeting should be given within--------days (c)
(a) 21 (b)15 (c) 14 (d)22
30).In case of companies other than
Non –Profit making Companies notice of general meeting should be given within
days (c)
(a)14 (b)15 (c)21 (d)22
31).In case of Non –Profit making
Companies books of accounts are required to be preserved for ---years (b) a)2 (b)4 (c)6 (d)8
32).According to which section name of
the company should end with “Ltd” or “Pvt Ltd” (a)
(a) 13 (b)11 (c)12 (d) 10
33).The companies which are formed
under special charter granted by the king or queen of England are called (b)
(a)Statutory companies (b) Chartered companies (c) Registered companies (d) None of these
34).The companies which are formed under special Act. Those companies
are called as (b)
(a).Chartered
companies (b) Statutory companies (c) Registered companies(d) None of these
35).The companies which are formed under companies Act. 1956. They will
be called as (c)
(a).Chartered
companies (b) Statutory companies (c) Registered companies (d) None of these
36).If the guarantee Co. having no share capital the liability of
shareholders will be (a)
(a) To the extent of
guarantee (b) Unpaid value of shares (c)
Unlimited (d) None of the above
37).If the guarantee Co. having share capital the liability of
shareholders will be (a)
(a)Guarantee +unpaid
value of shares (b) Unpaid
value of shares (c) Unlimited
(d) None of the above
38).If a company which is formed with
unlimited liability wants to convert to limited liability then it should pass (b)
(a).Ordinary
resolution (b) Special resolution (c) No need (d)Extra resolution
39).Maximum capital of private company
is (d)
(a).50 Lakhs (b) 1 Crore (c) 1.5 Crore (d)
Unlimited.
40).Transfer of shares in case of
private company is (b)
(a).Prohibited (b) Restricted (c) Freely transferable (d) None of these
41).Maximum members in
case of private company (a)
(a)50 (b) 100 (c)
75 (d) None of these
42).While calculating maximum limit
in case of private company which of the following will not be included (b)
(a).Employee + Member (b) Member + Employee (c) Member (d) None of
these
43).Managing director will be
counted as while calculating
maximum limit in case of private company. (a)
(a)Member (b) Employee (c) Shareholder (d) None of
these
44).Where the registrar strikes off
the register the name of a company as a defunct one, the court has the power to
order restoration of name with in: (c)
(a).5 years (b) 7 years (c) 10 years (d)
20 years
45).Accepting of
deposits from public in case of private company is (a)
(a)Prohibited (b) Restricted (c) Acceptable (d) None of these
46).ABC Co, is having 10% share capital
held by another Public Company and 35% held by Central Government and 55% held
by people then that Company is (c)
(a)Government
Company (b) Private Company (c) Public Company (d)
None of these
47).BCD Co, is having 15% share
capital held by B Company and 50% held by Central Government and 10% held by
State Government and 25% held by other people then that company will be (a)
(a)Government
Company (b) Private Company (c) Public Company (d)
None of these
48).XYZ Company is a Government
Company and X Co. is a subsidiary of XYZ Co. Then X Co. will be (c) (a)Public Company (b) Private Company (c)
Government Company (d) None of these
49).For every special
resolution passed the form attached should be (c)
(a) Form no.32 (b) Form no.18 (c) Form no.23 (d) None of
these
50).NCLT came into force
instead of company Law Board from (a)
(a)June 1st
2016 (b)May 5th 2016 (c)July 5th 2017 (d)June1st 2017
51).In the pRegistrar Of Companiesess
of conversion of a private company into a public company which prospectus must be issued (c)
(a) Deemed prospectus (b) Shelf prospectus (c) Statement in lieu of prospectus
(d) None of the above
52).Company should file a prospectus in case of conversion of private
company into a public company with in from the date of resolution (a)
(a)30 days (b) 45 days (c) 60 days (d) none of these
53).How many members should sign the
MEMORANDUM OF ASSOCIATION in case of public company (d)
(a)1 (b)3 (c)5 (d)7
54).How many members should sign the
MEMORANDUM OF ASSOCIATION in case of private company (b)
(a)1 (b)2 (c)3 (d)4
55).In case of
appointment of Directors form is to be filed. (a)
(a) 29 (b)32 (c)18 (d)1
56). is the
conclusive evidence in case of
company that statutory requirements have complied with (a)
(a)Certificate of Incorporation (b)
Certificate of commencement of Business
(c) Both (d)
None of the above
57).Private company
can start its business immediately after the issue of (b)
(a) Certificate of
commencement of Business (b)
Certificate of Incorporation
(c) Both (d)
None of the above
58).Public company
Should start business only after getting certificate of (b)
(a)Incorporation (b) Commencement of business (c)None of these
59). Private company
can start business only after getting certificate of (a)
(a)Incorporation (b) Commencement of business (c)None of
these
60).The doctrine of
indoor management is an to
the doctrine of constructive
Notice (b)
(a)Exception (b) Extension (c) Alternative (d)
None of the above
61).The doctrine of does not apply to acts
void ab initio. (d)
(a)Ultra virus (b) Intra
virus (c)constructive notice (d)Indoor management
62).A company can
change its name at its own discretion by passing . (b)
(a)Ordinary
resolution (b) Special resolution (c) Boards resolution (d) None of the above
63).Any change in the address of the registered office
must be communicated to the
registrar with in: (c)
(a)15 days (b) 30 days (c)
1 Month (d) 12 months
64).An act ultra-vires
the directors can be rectified if it is not ultra vires (c)
(a)the articles association (b) the memorandum (c) Company Act (d)
None of the above
65).The lending of
funds ultra vires, the company has no rights (a)
(a)under the company’s Act (b) contract
Act (c) under equity (d) None of the above
66).If a new company get registered
with a name which resembles the name of existing
company then it should apply to whom? (a)
(a)NCLT (b) SEBI (c) REGISTRAR OF COMPANIES (d)
None of the above
67)Companies are now allotted a in addition to
their name (d)
(a)PAN (b) SIN (c) PIN (d) CIN
68).In how many days
did the company have its registered office after incorporation (c)
(a)10 (b)20 (c)30 (d)40
69).Under which section if company fails to commence its main
object the court may order winding up (d)
(a) 403 (f) (b) 413 (f) (c) 423
(f) (d) 433 (f)
70).In case of
forgeries acts done in the name of
the company are (c)
(a).Valid (b) Void (c)
Void ab initio (d) None of the above
71).Signature of
memorandum and articles
should be done by
number of persons in case of
public company (a)
(a)7 (b)5 (c)4 (d) None of these
72).Signature of
memorandum and articles
should be done by
number of persons in case of
private company (c)
(a)3 (b)4 (c)2 (d) None of these
73).MEMORANDUM OF ASSOCIATION should
be
in form in case of company limited by shares (b)
(a)Table A (b) Table B (c) Table C (d) Table D
74).MEMORANDUM OF ASSOCIATION should
be in form in case of company limited by guarantee
not having share capital (c)
(a)Table A (b) Table
B (c) Table C (d) Table D
75).MEMORANDUM OF ASSOCIATION
should be in form in case of
company limited by guarantee and having share capital (d)
(a)Table A (b) Table
B (c) Table C (d) Table D
76).MEMORANDUM OF
ASSOCIATION should be in form in case of a unlimited liability (c)
(a)Table A (b) Table
B (c) Table E (d)
None of these
77).Invitation to public offering shares or debentures in case of private company (a)
(a) Prohibited (b) Restricted (c) Acceptable (d) None
of these
78).Maximum paid up
capital in case of public company (d)
(a)50 lakhs (b) 100 lakhs (c) 125 lakhs (d) None of these
79).Y Pvt. Co is subsidiary of X Co. which is public
company? Mention Y is a (b)
(a) Private Co. (b) Public Co. (c) Government Co. (d) None of these
80).Transfer of shares
in the case of public company is (c)
(a)Prohibited (b) Restricted (c) Freely transferable (d) None of these
81). In the MEMORANDUM OF
ASSOCIATION there are 6 classes. We can
alter all clauses expect one clause. What
is that clause?
(a)Objects clause (b) Name clause (c)
Association clause (d)None of these (c)
82).If any body wants
to file a case against the company
they should file at what place (b)
(a)Company (b) Registered Office (c) BOD (d) Books of accounts
83).A company must
have a registered office from the day
on which it---------------- (a)
or 30th day after its incorporation
whichever is earlier.
(a) commences business (b)Issue of prospectus (c)allot shares (d)none of these
84).Address of the
registered office is situated in (b)
(a)Memorandum of Association (b) Articles
Of Association (c) Prospectus (d) None of these
85).Which of the
following need not have MEMORANDUM OF ASSOCIATION (D)
(a)Public company (b) Private company (c) Government company (d) Statutory Corporation.
86).A company can
change its name by passing (c)
(a)Ordinary resolution (b) Special resolution
(c) Either by special
resolution or by ordinary resolution (d)
None of the above
87).If the name of the company is identical with or similar to an
existing company then which resolution should be
passed to change name (a)
(a) Ordinary resolution (b) Special Resolution
(c) without resolution (d)extraordinary
resolution88).Alteration of articles must be done only by passing (a)
(a)Special resolution (b) Ordinary resolution (c) without resolution (d)extra resolution
89).Ultra vires means (a)
(a)Beyond the power (b)
with in the power (c)
Both (d) None of the above
90).Ultra vires loans
granted by the company are (a)
(a)Void (b) Voidable (c) Valid (d) None of the above
91). is
the charter of a company. (a)
(a)Memorandum of
association (b) Articles of association
(c) Both (a) and (b) (d) None
of the above
92).The granting of the certificate of incorporation renders
the illegal objects include in the
memorandum: (b)
(a)Legal (b) Void (c) Voidable (d) None of the above
93).Change in objects clauses can be effected (b)
(a)For any reason (b) For special reason only
(c) to comply with CENTRAL GOVERNMENT order (d) None of
the above
94).The capital clause
of a company can be changed with the
permission of (c)
(a)Company law board (b) Registrar (c) Court
(d) None of the above
95). conceives the idea of the business (a)
(a)Promoters (b) Directors (c) Auditors (d)
None of the above
96). stands in the fiduciary position of the company (b)
(a)Directors (b) Promoters (c) Auditors (d) None of the above
97). -----are the
contracts entered into by promoters on behalf of
a prospectus company. (d)
(a)Provisional contracts (b) Pre-Incorporation contracts
(c) Preliminary contracts (d) Both (a)
& (b)
98).Contracts made
after incorporation but before the grant of Certificate of commencement of
Business are? (c)
(a)Provisional contracts (b) Preincorporation contracts
(c) Preliminary contracts (d) Both (b)
& (c)
99).Preincorporation
contract is also known as ? (b)
(a)Provisional (b) Preliminary (c) illegal (d)legal
100).A public company
can borrow money _? (d)
(a) before incorporation (b) Soon after incorporation
(c) after issuing a proposal (d)after obtaining
certificate to commerce business.
101).A private company
can borrow funds (a)
(a)after incorporation (b) after
obtaining certificate to commerce business
(c) after holding first annual general meeting (d) None of the above
102).When there is a untrue statement in a prospectus who can sue (a)
(a)Subscribed in primary market (b) Subscribed in secondary market
(c) Rights issue (d) None of the above
103).Definition of prospectus was given under which section. (d)
(a)2 (30 ) (b)2 (32) (c)2 (34) (d)2(36)
104).Which of the
following are not required to issue prospectus? (d)
(a)Private company (b) Incase of right issue (c)
Sweat equity issue (d) All
the above
105). are the prospectus issued instead of full prospectus (a)
(a)Abridged (b)
Statement in lieu (c)
Shelf (d) Red herring
106).Which one of the following has
a right to claim compensation for any loss due to
misstatement in prospectus? (a)
(a)Purchasing shares
in Primary Market (b) Secondary Market
(c) Subscribers to memo (d) All the above
107). years of imprisonment will be imposed in case of issue of
prospectus with untrue statements (b)
(a)1 (b)2 (c)3 (d)4
108). includes an engineer, valuationer, accountant (a)
(a)Expert (b) Promoter (c) Auditor (d) Director
109).What is the liability of an expert for misstatement --------- (a) (a)Fine – 50,000 (b) Imprison
– 2
years (c) Both (a) &
(b) (d)
None of the above
110).What is the liability not delivering that can be imposed for statement in lieu of prospectus (a)
(a)Fine – 10,000 (b) Imprisonment – 2 years (c) Both (a) & (b) (d)
None of
the above
111). are the prospectus issued by the issuing house (b) (a) Shelf prospectus issued by the issuing house (b) Deemed prospectus
(c) Red herring (d) None of the
above
112). prospectus
were issued in case securities were issued
in stages (b)
(a)Deemed (b)
Shelf (c) Red herring (d) None of the above
113). are required to file prior to making second and subsequent issue
of securities in case shelf
prospectus are filed: (a)
(a)Information memorandum (b) Information articles (c) Form 13 (d)
None of the above
114).Information
memorandum + shelf prospectus together constitutes
? (c)
(a)Memorandum (b) Articles (c) Prospectus (d)None of the
above
115).Validity period
of information memorandum is ? (a)
(a)1 year (b) 2 years (c) 3 years (d)
4 years
116). prospectus were issued in
order to test the market before finalizing issue size/ price.(c)
(a)Deemed (b) Shelf (c) Red herring (d) None of the above
117).If there is any variation in case of Red
herring Prospectus days
should be given for withdrawal of application (d)
(a)1 (b)3 (c)5 (d)7
118).In case of red
herring prospectus the refund is made
with an interest @ (c)
(a)12 (b)13 (c)15 (d)16
119).What is punishment
for directors, promoters and other persons for Misrepresentation in prospectus (c)
(a)50,000 (b) 2 years imprisonment (c) Both of the above (d)None
120).When a private company is converted into public company. In which form it should
be (b)
(a)Schedule III (b) Schedule IV (c)
Schedule VI (d) None of
these
121).minimum application money should be of
nominal value. (a)
(a)5% (b) 3% (c) 2% (d) None of these
122)The minimum application money should be of
nominal value as per SEBI guidelines
(a)25% (b) 30% (c) 40% (d) None of
these (a)
123).The min subscription
amount is reckoned with amounts payable in (a)
(a)cash only (b) kind only (c)
cash as well as kind (d) None of the above
124).Allotment of shares or debentures must be
made after getting subscription against entire public issue as per SEBI guidelines. (b)
(a)80% (b) 90% (c) 100% (d)
None of these
125).If the refunds are delayed by more than 10 days after
this period. The directors become
liable to repay the money with how much interest as per SEBI Guidelines.
(a)10% (b) 15% (c) 20% (d)
None of these (b)
126).If the company has not received permission for listing
from stock exchange and repayment of amount delayed by more than 8 days the
minimum interest should be paid is
(a)4% (b) 3% (c) 2% (d)none of
these (a)
127).From the above how much will be maximum interest (c)
(a) 10% (b) 12% (c) 15% (d) None of
these
128).After the expiry of how much time the company must
think that the permission was not
granted (c)
(a)11 weeks (b) 12 weeks (c) 10
weeks (d) None of these
129).As per SEBI guidelines the application money should be minimum
of ? (d)
(a)10 (b)15 (c)20 (d)25
130).In case minimum subscription is not received and refund is delayed
% of interest to be paid
by the company. (b)
(a)5 (b)6 (c)7 (d)8
131).As per SEBI application money should be refunded from the end of
–day (a)
(a) 60 (b)70 (c)80 (d)90
132).An appeal is made
to whom against stock exchange for refusing the permission of listing. (a)
(a)Securities Appellate Tribunal (b) NCLT (c) MAT (d) REGISTRAR OF COMPANIES
133).If permission from stock exchange is not obtained amount should be refunded with in how many days. (d)
(a)2 (b)4 (c)6 (d)8
134).A company cannot pay under writing commission unless it is authorized by its
(a)Articles of association (b) Memorandum
of association (a)
(c) Both (a) & (b) (d)
None of the above
135).In case of shares under writing commission will be (c)
(a)2% (b) 3% (c) 5% (d) None of these
136).In case of debentures underwriting commission will be (c)
(a)3% (b) 4% (c) 2.5% (d)
None of these
137).If company wants to place shares to brokers they should give a
maximum of -------as brokerage commission. (c)
(a)3% (b) 2% (c) 1.5% (d)
None of these
138).-------------Order
to call a EGM even though 1 member present in person or by proxy. (B)
(a) Registrar Of Companies (b) CENTRAL GOVERNMENT (c) NCLT (d) DEPARTMENT OF COMPANY AFFAIRS
139).The time period for conduction
of ANNUAL GENERAL MEETING is extended by REGISTRAR OF COMPANIES for how many
months? (c)
(a) 1
(b) 2 (c) 3 (d) 4
140).Maximum rate of
discount that can be allowed on issue of shares
(b)
(a) 5%
(b) 10% (c) 15% (d) 20%
141).Liability under_____ section
may be imposed only if it is proved that the companies business has been
carried on with a view to defraud the creditors (c)
(a) 540 (b)
541 (c) 542 (d) 543
142).The time gap
between two ANNUAL GENERAL MEETING’s shall not exceed. (a)
(a) 15 months
(b) 18 months (c) 16 months (d) None of these
143).Age limit of
Directors in case of private company is ___________(d)
(a) 65 (b) 70 (c) 75 (d) No limit
144).Debentures
payable to a holder of certificate is called_____ (A)
(a) Bearer (b) Unregistered (c) Secured (d) Both (a) & (b)
145).Minimum paid up
share capital in case of a public company is _____ (C)
(a) 1 Lakh (b) 3 Lakhs (c) 5 Lakhs (d) 7 Lakhs
146).The company must
deliver share certificate within______ if the shares applied for transfer.
(a) 3 months (b) 2 months (c) 5 months (d) none of these (b)
147). The lending of
funds ultra vires, the company has no rights (a)
(a)
under the company’s Act (b) contract Act (c) under equity (d) None of the above
148).If the company failed to comply
with the order of NCLT they will be punishable with fine and imprisonment up to (B)
(a)
2 years (b) 3
years (c) 4
Years (d) None of these
149).Share warrants
can be issued with the prior approval of the____(C)
(a)
Company law board (b) Dept of company affairs (c) Registrar (d) None
150).Minimum number of
Directors in case of a public company is ___ (C)
(a) 1 (b) 2
(c) 3 (d) 4
151).Which of the
following is not a member of a company? (A)
(a) Partnership firm (b) Foreigner (c)
Government (d) HUF
152).The capital
clause of a company can be changed with the permission of __(C)
(a)
Company law board (b) Registrar (c) Court (d) None of the above
153).Debentures payable to person
whose name appears both on Debenture Certificate and company’s register is
called (C)
(a)
Bearer (b) Unregistered (c) Registered (d) None of the above
154). ___ is issued in
acknowledgement of any indebtedness (A)
(a)
Debenture certificate (b) Share certificate (c) Share warrant (d) None of the
above
155).Employer shall contribute
towards Insurance Fund ___ % of basic wages, dearness allowance, and
retaining allowance. (C)
(a)
2% (b) 3% (c) 1% (d) None of
these
156).In case of Non -Profit making
Companies notice of general meeting should be given with in _____ days (A)
(a) 14
(b) 15 (c) 21 (d) 22
157).To issue the shares at discount
company at least how many years should complete how many years ___ (A)
(a) 1
(b) 2 (c) 3 (d) 4
158). _____ can vote
at the meeting even though not a member. (D)
(a) Body corporate (b)
President (c) Governor (d) All the above
159).What is the
liability of an expert for misstatement _____ (A)
(a) Fine – 50,000 (b) Imprison – 2 years (c) Both (a) & (b) (d)
None of the above
160).Change in objects
clauses can be affected (B)
(a) For any reason (b) For special reason only
(c) to comply with CENTRAL
GOVERNMENT order (d) None of the above
161).Which of the
following is a right of the members of a company_____ (D)
(a) Right to have share (b) Right Appoint
Auditor (c) Right Appoint Director (d) All the above
162).Which of the
following can issue the share warrant? (A)
(a)
Public (b) Private (c) Both (a) & (b) (d) None of the above
163).In case of continuing default
to convene the ANNUAL GENERAL MEETING fine is Rs.__for every day. (A)
(a) 250 (b) 300 (c) 350 (d) 400
164).In the given
below who are required to hold ANNUAL GENERAL MEETING___________(A)
(a) Public company (b)
Private company (c) Government company (d) All the three
165).U/s 274 (f) (g)
directors are disqualified for how many________ years. (C)
(a) 1 (b) 3 (c)
5 (d) 7
166).ABC co,
incorporated on 1 st Jan 2018. The ANNUAL GENERAL MEETING should be held on 1
st July 2019. REGISTRAR OF COMPANIES extended that time to 1 st Sep.2019.Is the
ANNUAL GENERAL MEETING valid. (B)
(a) Valid (b) Invalid (c) Situation does not arise
167).In case of default with regards
to deposits intimation to NCLT should be made with how many days. (C)
(a) 10 (b) 20
(c) 30 (d) 40
168).The person to whom the rights
and duties are endorsed is called ______________(A)
(a) Transferee (b) Transferor (c) Endorser (d)
Endorsee
169).A share warrant
is transferable by ____________ (B)
(a) By Execution of
transfer deed (b) By delivery (c) both (a) and (b) (d) None of the above
170).Every ANNUAL
GENERAL MEETING must be held with ___ from the date of the Balance Sheet.
(a) 4 months (b) 6 months (c) 9 months (d)
None of these (c)
171).The person who
transfer his rights and duties is called ______________ (B)
(a) Transferee
(b) Transferor (c) Promisor (d) Promisee
172)._____ are
attached to the share warrant . (A)
(a) Dividend coupon (b) Warrant (c)options
(d)bonds
173).What is the
liability not delivering that can be imposed for statement in lieu of
prospectus
(a) Fine – 10,000 (b) Imprisonment – 2 years (c)
Both (a) & (b) (d) None of the above (a)
174).The resolution
passed at ANNUAL GENERAL MEETING are__________ (A)
(a) Valid
(b) Void (c) Voidable (d) Void ab-initio
175).Own funds are
called (A) (a)
Share capital (b) Debenture capital (c) Loan capital (d) None of the above
176).The company’s nationality is
decided by its (B)
(a) Shareholders (b) Registered
office (c) Place at books of accounts are kept (d) None of the above
177).First ANNUAL GENERAL MEETING must
be held within_____________ from the incorporation of the company (B)
(a) 15 months
(b) 18 months (c) 12 months (d) None of these
178).Cumulative
preference shareholders have voting right if dividend are in arrears for years
(a) 1 (b) 2
(c) 3 (d) 4 (b)
179).For the purpose
of debt equity ratio Fully Convertible Debentures are classified as____
(a) Debt (b) Equity (c) Both (a) & (b) (d) None of the above (b)
180).In case of Partly
Convertible Debentures non-convertible portion is classified as_____
(a) Debt (b) Equity (c)
Both (a) & (b) (d) None of the above
(a)
181)._____ form is to
be find in case of variation rights of shareholders (B)
(a) 23
(b) 19 (c) 18 (d) 20
182). The decision of Securities
Appellate Tribunal can be further appealed to----? (A)
a).Supreme court of
India b)SEBI c)ROC d)None of these
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