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Answer This As Soon As Possible (x) Peach Limited's board in its meeting held on 9 September 2022 has approved an interim cash dividend of

Answer This As Soon As Possible

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(x) Peach Limited's board in its meeting held on 9 September 2022 has approved an interim cash dividend of 20% ie. Rs. 2 per share for the year ending 30 June 2023. The dividend shall be deemed to have been declared on the date: (a) of intimation to Pakistan Stock Exchange (b) on which such dividend is approved by the board (c) of the next general meeting ( d) on which announcement is made to the public (xi) Muskmelon Limited's (ML) election of directors is to be held on 30 September 2022. Kamal intends to file a notice of intention to offer himself for election as company's director. He was adjudicated as an undischarged insolvent on 30 September 2019. Which of the following statements is NOT correct? (a) He is eligible to be appointed as director of ML if he is ML's member and has discharged all his liabilities (b) He shall not offer himself for the position of director till he is adjudicated as solvent (c) He is entitled to contest the election of directors on completion of three years period ie. 30 September 2022 (d) A person cannot be eligible to offer himself for the position of director if he is adjudicated as an undischarged insolvent (xili) On 8 September 2022, Lychee Limited (LL), a listed company, has uploaded its quarterly financial statements for the period ended 31 July 2022 on its website for the information of its members. Under the provisions of the Companies Act, 2017, LL is also required to transmit the said financial statements to: (a) Registrar, Auditor and Securities Exchange (b) Commission, Securities Exchange and Auditor (c) Commission, Registrar and Auditors Commission, Registrar and Securities Exchange (xiv) A person can be appointed as an official liquidator at one point of time, for a maximum of (a) two companies (b) three companies (C) four companies ( d) five companies (xv) The Court made a winding up order on 9 September 2022 against Watermelon (Guarantee) Limited and appointed Ameen Khan as an official liquidator Ameen Khan has to submit a report to the Court not later than: (a) 5 October 2022 (b) 6 October 2022 (c) 7 November 2022 (d) 8 November 2022

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