answer the following MCQS

no need of explanation

140.When there are material defects or omission in the notice or the proceedings of the meeting is alleged to be irregular then, following condition(s) must be fulfilled in order to declare such meeting invalid

(0.5 Points)

a) Members having 10% or more rights can apply

b) Members can apply to the court

c) Application must be made within 30 days of the meeting

d) All of the above

141.If the required quorum is not present at the meeting within half an hour from the time appointed for the meeting it shall be

(0.5 Points)

a) Dissolved in any case

b) Adjourned in any case

c) Held in any case

d) Dissolved, if called upon the requisition of members

142.In any company voting is done by show of hands unless a poll is ordered by chairman of the meeting. On show of hands every member shall exercise

(0.5 Points)

a) 1 vote per 10 shares

b) 10 votes per share

c) 1 vote irrespective of number of shares

d) 10 votes irrespective of number of shares

143.A member cannot appoint more than one proxy to attend any one meeting. If more than one proxy is appointed for any one meeting

(0.5 Points)

a) All proxies possess same voting rights

b) All proxies possess same right to speak

c) All appointments of proxies shall be valid

d) All appointment of proxies shall be invalid

144.Members of the company can demand a certified copy of the minutes of general meeting, any time after 7 days from meeting, which the company shall provide to them

(0.5 Points)

a) Within 7 working days of receipt of his request

b) Within 14 working days of receipt of his request

c) Within 30 working days of receipt of his request

d) Within 60 working days of receipt of his request

145.The records of all proceedings of the meetings must be kept at the registered office of the company in physical and electronic form and it shall be preserved for

(0.5 Points)

a) At least 10 years in physical form and permanently in electronic form

b) At least 20 years in physical form and permanently in electronic form

c) Permanently in physical form and permanently in electronic form for 10 years

d) Permanently in physical form and permanently in electronic form for 20 years

146.Members of a private company or a public unlisted company, may pass a resolution by circulation signed by all members except

(0.5 Points)

a) For special businesses of AGM

b) For special businesses of Statutory meeting

c) For ordinary businesses of AGM

d) For ordinary businesses of Statutory meeting

147.All companies, except single member companies, are required by law to hold________, at which the members should be entitled to vote on certain resolutions.

(0.5 Points)

a) Extra ordinary general meeting

b) Annual general meeting

c) Any meeting

d) Board Meeting

148.The company shall file all the _______ passed by it within fifteen days of passing the same with the registrar, such copy to be filed shall be authenticated by a director or secretary of the company.

(0.5 Points)

a) Board resolutions

b) Special Resolutions

c) Ordinary resolutions

d) All of above

149.General meetings are chaired by the ______of the board of directors, and other directors may also attend. However, the directors do not have a right to vote at a general meeting unless they are also a member of the company.

(0.5 Points)

a) President

b) Chief

c) Chairman