Question
1. Section 203 of the Companies Act 2013 deals with the appointment of a ------------------. 1.Trustee 2. Company secretary 3. Director 4. Promoter 2. Indian
1. Section 203 of the Companies Act 2013 deals with the appointment of a ------------------. 1.Trustee 2. Company secretary 3. Director 4. Promoter 2. Indian company law make it --------------- for every Indian listed, and every other entity having more than rupees ten crore (100 million) paid up capital, to have a whole time company secretary 1. Mandatory 2. Optional 3. Exclusive 4. Compulsory 3. The National Company Law Tribunal is a ------------------------------- in India that adjudicates issues relating to Indian companies. The tribunal was established under the Companies Act 2013 and was constituted on 1 June 2016 by the government of India. 1. Judicial body 2. Executive Body 3. Quasi-judicial body 4. State 4.The Charter of the Company is known as ---------------------------- 1. Bye laws 2. Memorandum of Association 3. Articles of Association 4. Prospectus 8 5. The name of the Company can be changed by --------------------- 1. Ordinary resolution 2. Special resolution 3. With approval of Union Government 4. A special resolution with approval of Central Government 6. An act of the company must not be beyond the object clause otherwise it will be ------ ---------------------- and cannot be ratified even if all the member wish to ratify. 1. ultra vires and therefore, void 2. voidable 3. illegal 4. intra vires. 7. The share capital of a Company may be reduced by ---------------------- 1. An ordinary Resolution 2. Special Resolution 3. A resolution of the Board of Directors 4. With permission from the Company Law Board 8. The ------------- on equity share in not cumulative. 1. Percentage 2. Dividend 3. Profit 4. Loss 9. A person cannot act as a managing director in more than ------- Company 1. one 2. two 3. four 4. five 9 10.The amount of minimum subscription may be learnt by -------------------- 1. memorandum 2. articles 3. prospectus 4. records of general meetings
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