Company Law Questions and Answers Part-3

1. In case of continuing default to convene the AGM fine is Rs.___________ for every day.
a) 250
b) 300
c) 350
d) 400

Answer: a

2. Transfer of shares in the case of public company is
a) Prohibited
b) Restricted
c) Freely transferable
d) None of these

Answer: c

3. 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

Answer: a

4. U/s 274 (f) (g) directors are disqualified for how many________ years.
a) 1
b) 5
c) 3
d) 7

Answer: b

5. Where the registrar strikes off the register the name of a company as a 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

Answer: c

6. In case of default with regards to deposits intimation to NCLT should be made with how many days.
a) 20
b) 10
c) 40
d) 30

Answer: d

7. 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

Answer: b

8. Every AGM must be held with ___ from the date of the Balance Sheet.
a) 4 months
b) 6 months
c) 9 months
d) None of the above

Answer: c

9. After the expiry of how much time the company must think that the permission was not granted
a) 10 weeks
b) 11 weeks
c) 12 weeks
d) None of these

Answer: a

10. The resolution passed at AGM are
a) Void
b) Valid
c) Voidable
d) Void ab-initio

Answer: b