Company Law MCQS With Answers

 

11. Question: Share warrants can be issued with the prior approval of the____

A. company law board

B. dept of company affairs

C. registrar

D. none

Discussion

C. registrar

12. Question: Minimum no. of Directors in case of a public company is ___

A. 1

B. 2

C. 3

D. 4

Discussion

C. 3

13. Question: Which of the following is not a member of a company?

A. partnership firm

B. foreigner

C. government

D. huf

Discussion

A. partnership firm

14. Question: 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

Discussion

C. registered

15. Question: ___ is issued in acknowledgement of any indebtedness

A. debenture certificate

B. share certificate

C. share warrant

D. none of the above

Discussion

A. debenture certificate

16. Question: In case of Non -Profit making Companies notice of general meetingshould be given with in _____ days

A. 14

B. 15

C. 21

D. 22

Discussion

A. 14

17. Question: Change in objects clauses can be effected

A. for any reason

B. for special reason only

C. to comply with c.g order

D. none of the above

Discussion

B. for special reason only

18. Question: Which of the following is a right of the members of acompany_____

A. right to have share

B. right appoint auditor

C. right appoint director

D. all the above

Discussion

D. all the above

19. Question: Which of the following can issue the share warrant

A. public

B. private

C. both (a) & (b)

D. none of the above

Discussion

A. public

20. Question: In case of continuing default to convene the AGM fine isRs.___________ for every day.

A. 250

B. 300

C. 350

D. 400

Discussion

A. 250

21. Question: Transfer of shares in the case of public company is

A. prohibited

B. restricted

C. freely transferable

D. none of these

Discussion

C. freely transferable

22. Question: In the given below who are required to hold A.G.M___________

A. public company

B. private company

C. government company

D. all the three

Discussion

A. public company

23. Question: U/s 274 (f) (g) directors are disqualified for howmany________ years.

A. 1

B. 3

C. 5

D. 7

Discussion

C. 5

24. Question: Where the registrar strikes off the register the name of a company asa defunct one, the court has the power to order restoration of name with in:

A. 5 years

B. 7 years

C. 10 years

D. 20 years

Discussion

C. 10 years

25. Question: A share warrant is transferable by ____________

A. by execution of transfer deed

B. by delivery

C. both (a) and (b)

D. none of the above

Discussion

B. by delivery

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