answer the following MCQS

no need of explanation

130.The prospectus in its full text or in such abridged form, shall be published at least in one Urdu and one English daily newspaper. It shall not be published in the newspapers less than __ or more than ___ before the commencement of the public subscription.

(0.5 Points)

a) 7 days, 30 DAYS

b) 15 days, 30 days

c) 10 days, 15 days

d) Any of above

131.The purpose of prospectus is to invite offers from public for the subscription or purchase of any _____ of a company.

(0.5 Points)

a) Shares

b) Dividends

c) Securities

d) Debentures

132.A general meeting is a meeting of the shareholders of the company who are entitled by the company's articles to

(0.5 Points)

a) Borrow money on behalf of the company

b) Appoint company secretary on behalf of the company

c) Attend and vote at such meetings

d) Call annual general meeting

133.Generally, a private company is not required to hold a statutory meeting but it shall also be required to hold a statutory meeting if

(0.5 Points)

a) Such private company decides to liquidate the company

b) Such private company is a subsidiary of a public company

c) Such private company converts itself into a public company within one year of its incorporation.

d) Such private company converts itself into a public company within 06 months of its incorporation.

134.The statutory meeting shall consider and approve report called statutory report which is sent to each member, along with a notice of the statutory meeting

(0.5 Points)

a) At least twenty-one days before the date of statutory meeting

b) At least seven days before the date of statutory meeting

c) At least thirty days before the date of statutory meeting

d) At least fourteen days before the date of statutory meeting

135.The first annual general meeting of a company shall be held

(0.5 Points)

a) After 16 months from the date of its incorporation

b) Within 16 months from the date of its incorporation

c) After 18 months from the date of its incorporation

d) Within 12 months from the date of its incorporation

136.The SECP, in the case of a listed company and the registrar, in the case of other companies may extend the time for holding of subsequent annual general meeting

(0.5 Points)

a) Upto a maximum of 30 days

b) Upto a minimum of 30 days

c) For 21 days

d) For 15 days

137.At least 21 days' notice of annual general meeting shall be given to members and in case of a listed company such notice shall also be published in

(0.5 Points)

a) An Urdu or an English daily newspaper having nationwide circulation

b) An urdu and an english daily newspaper having nationwide circulation

c) An Urdu and an English fortnight newspaper

d) Any local language and an English fortnight newspaper

138.If members of a listed company, not resident in city where AGM is taking place required the company to provide the facility of video link to attend AGM of the company, then they must fulfil the following condition in order to make such request to be valid

(0.5 Points)

a) Holding at least 10% share capital

b) The request must be in written form

c) The request must be made at least seven days before such meeting

d) All of the above

139.If the directors do not proceed to call a meeting with in 21 days of filing of the requisition by the members, the requisitionists may call a meeting and that meeting should be held and conducted

(0.5 Points)

a) Within 21 days from the date of the deposit of the requisition

b) Within 30 days from the date of the deposit of the requisition

c) Within 90 days from the date of the deposit of the requisition

d) Within 120 days from the date of the deposit of the requisition