Top 150+ Solved Company Law MCQ Questions Answer

From 1 to 15 of 121

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

a. 15 months

b. 18 months

c. 16 months

d. none of these

  • a. 15 months

Q. Age limit of Directors in case of private company is ___________

a. 65

b. 70

c. 75

d. no limit

  • d. no limit

Q. Debentures payable to a holder of certificate is called_____

a. bearer

b. unregistered

c. secured

d. both ((a) & ((b)

  • a. bearer

Q. Minimum paid up share capital in case of a public company is _____

a. 1 lakh

b. 3 lakhs

c. 5 lakhs

d. 7 lakhs

  • c. 5 lakhs

Q. The company must deliver share certificate within______ if the sharesapplied for transfer.

a. 3 months

b. 2 months

c. 5 months

d. none of these

  • b. 2 months

Q. The lending of funds ultra vires, the company has no rights

a. under the company’s act

b. contract act

c. under equity

d. none of the above

  • a. under the company’s act

Q. Share warrants can be issued with the prior approval of the____

a. company law board

b. dept of company affairs

c. registrar

d. none

  • c. registrar

Q. Which of the following is not a member of a company?

a. partnership firm

b. foreigner

c. government

d. huf

  • a. partnership firm

Q. Debentures payable to person whose name appears both onDebenture Certificate and company’s register is called

a. bearer

b. unregistered

c. registered

d. none of the above

  • c. registered

Q. ___ is issued in acknowledgement of any indebtedness

a. debenture certificate

b. share certificate

c. share warrant

d. none of the above

  • a. debenture certificate
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