Top 150+ Solved Corporate Regulations MCQ Questions Answer

From 121 to 135 of 179

Q. Forfeiture can be made only if it is authorized by ________

a. AOA

b. MOA

c. ROC

d. C.G

  • b. MOA

Q. Name of the member is struck off from the register in case of ________

a. Issue of share certificate

b. Share warrant

c. Forfeiture

d. None of the above

  • b. Share warrant

Q. _________ arises in respect of debt due on shares as well as on other transactions.

a. Forfeiture

b. Lien

c. Both (a) & (b)

d. None of the above

  • b. Lien

Q. Return of partly paid shares by the shareholders to the company is _______

a. Surrender

b. Forfeiture

c. Lien

d. None of the above

  • a. Surrender

Q. ________ is a short cut to forfeiture

a. Lien

b. Surrender

c. Right issue

d. None of the above

  • b. Surrender

Q. No consideration shall be paid by the company in exchange of __________ shares

a. Lien

b. Forfeited

c. Surrender

d. None of the above

  • c. Surrender

Q. What is the time limit for conducting statutory meeting?

a. 1 to 5 months

b. 1 to 6 months

c. 1 to 9 months

d. None of these

  • b. 1 to 6 months

Q. Notice of statutory meeting should be given with a period not less than

a. 21 clear days

b. 14 clear days

c. 7 clear days

d. None of these

  • a. 21 clear days

Q. Notice of statutory meeting should be attested by at least.

a. 3 directors

b. 2 directors

c. 3 directors

d. None of these

  • b. 2 directors

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. First AGM must be held within __________ from the incorporation of the company

a. 15 months

b. 18 months

c. 12 months

d. None of these

  • b. 18 months

Q. Every AGM 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. 9 months

Q. First AGM must be held within ____________ from the date of the balance sheet

a. 6months

b. 9months

c. 5months

d. None of these

  • b. 9months
Subscribe Now

Get All Updates & News