1. _________ Order to call a EGM even though 1 member present in person or by proxy.
a) ROC
b) C.G
c) NCLT
d) D.C.A
2. The time period for conduction of AGM is extended by ROC for how many months
a) 1
b) 2
c) 3
d) 4
3. Maximum rate of discount that can be allowed on issue of shares
a) 5%
b) 10%
c) 15%
d) 20%
4. Liability under_____ sec. may be imposed only if it is proved that the companies business has been carried on with a view to defraud the creditors
a) 540
b) 541
c) 542
d) 543
5. The time gap between two AGM’s shall not exceed.
a) 15 months
b) 18 months
c) 16 months
d) None of these
6. Debentures payable to a holder of certificate is called_____
a) Bearer
b) Unregistered
c) Secured
d) Both a & b
7. Age limit of Directors in case of private company is ___________
a) 65
b) 70
c) 75
d) No limit
8. Minimum paid up share capital in case of a public company is _____
a) 1 Lakh
b) 3 Lakhs
c) 5 Lakhs
d) 7 Lakhs
9. The company must deliver share certificate within______ if the shares applied for transfer.
a) 2 months
b) 3 months
c) 5 months
d) none of these
10. 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