Top 150+ Solved Company Law MCQ Questions Answer
Q. In case of red-herring prospectus the refund is made with an interest@_____
a. 12
b. 13
c. 15
d. 16
Q. If the guarantee Co. having no share capital the liability ofshareholders will be
a. to the extent of guarantee
b. unpaid value of shares
c. unlimited
d. none of the above
Q. First AGM must be held within_____________ from theincorporation of the company
a. 15 months
b. 18 months
c. 12 months
d. none of these
Q. The doctrine of__________ does not apply to acts void ab initio.
a. ultra virus
b. intra virus
c. constructive notice
d. indoor management
Q. In case of Partly Convertible Debentures non-convertible portion isclassified as_____
a. debt
b. equity
c. both (a) & (b)
d. none of the above
Q. Which of the following can be used for buy back of shares
a. free reserves
b. securities premium
c. proceeds of fresh issue of shares
d. all of the above
Q. Information memorandum + shelf prospectus together constitutes_____
a. memorandum
b. articles
c. prospectus
d. none of the above
Q. In the event of appointing a proxy joint holders shall sign the proxy form
a. singularly
b. jointly
c. none of the above
d. both (a) & (b)
Q. Ques. The liability of members if company is limited by guarantee.
a. unpaid value of shares
b. guarantee amount
c. unlimited liability
d. none of the above