1. Forfeiture can be made only if it is authorized by ______
a) AOA
b) MOA
c) ROC
d) C.G
2. Name of the member is struck off from the register in case of____________
a) Issue of share certificate
b) Share warrant
c) Forfeiture
d) None of the above
3. A company can become a members of another company if it is so authorized by______
a) MOA
b) AOA
c) Both (a) & (b)
d) None of the above
4. Validity period of information memorandum is___________
a) 1 year
b) 2 years
c) 3 years
d) 4 years
5. Central Government permission is required in case of_____ conversion____
a) Private to public
b) Public to private
c) Both (a) or (b)
d) None of the above
6. How many members should sign the MOA in case of private company _____________
a) 4
b) 3
c) 1
d) 2
7. In case minimum subscription is not received and refund is delayed____ % of interest to be paid by the company
a) 5
b) 7
c) 6
d) 8
8. Paying back of capital is called
a) Redemption
b) Conversion
c) Participation
d) None
9. Proxies cannot vote on_________
a) Show of hands
b) Poll
c) Both (a) & (b)
d) None of the above
10. Minimum number of members in case of public company
a) 1
b) 2
c) 5
d) 7