Indian Companies Act MCQ question and answer | Law MCQ question Page-4 section-1

31.
Which two types of business structures are created via a process of incorporation?

A. Companies and sole proprietorships

B. Partnerships and limited liability partnerships

C. Companies and limited liability partnerships

D. Companies and partnerships

Answer & Solution Discuss in Board Save for Later

32.
How is the net worth of a foreign Company calculated for the purpose of Corporate Social Responsibility

A. The networth will be calculated as per section 198 of Companies Act, 2013

B. It shall be calculated as per section 197 of the Companies Act, 2013

C. It shall be calculated as per section 197 and section 381 of the Companies Act, 2013

D. It shall be calculated as per section 198 and section 381 of Companies Act, 2013

Answer & Solution Discuss in Board Save for Later

33.
The proper authority for convening a General Meeting of a company is the

A. Chairman of the Board of Directors

B. Managing Director

C. Board of Directors

D. Shareholders

Answer & Solution Discuss in Board Save for Later

34.
The first Annual General Meeting of a Company must be held

A. Within nine months from the date of closing of the first financial year

B. Within five months from the date of closing of the first financial year

C. Within four months from the date of closing of the first financial year

D. Within three months from the date of closing of the first financial year

Answer & Solution Discuss in Board Save for Later

35.
With which topic the case of Earlanger v. New Sombero Phosphate Co., is related to the Company Law?

A. Prospectus

B. Promoters

C. Directors

D. Memorandum

Answer & Solution Discuss in Board Save for Later

36.
The Companies Act, 2013 has provided that in listed companies, appointment of independent directors is mandatory and the independent directors will be appointed

A. From the list provided by the Company Law Board

B. From the list of persons given by the Ministry of Law and Company Affairs

C. From the Data Bank maintained for this purpose

D. From the list of persons nominated by the shareholders of the company

Answer & Solution Discuss in Board Save for Later

37.
What is the appellate authority for the order against National Company Law Appellate Tribunal?

A. District Court

B. High Court

C. Supreme Court

D. Company Board Committee

Answer & Solution Discuss in Board Save for Later

38.
According to the new Companies Act, 2013, what is the minimum number of person/s required to form a Private Limited Company?

A. 1

B. 2

C. 3

D. 4

Answer & Solution Discuss in Board Save for Later

39.
Which one of the following is incorrect? Any mis-statement made in the Prospectus would attract the liability of the following persons under the Companies Act:

A. Every person who is a director of the company at the time of the issue of the prospectus

B. Every person who has authorised himself to be named and is named in the prospectus either as director or as having agreed to become a director either immediately or after an interval of time

C. Every person who is a promoter of the company

D. An Expert, whose consent has not been endorsed to the registration and liable in respect of every content in the prospectus

Answer & Solution Discuss in Board Save for Later

40.
No person can hold the office of the director in more than . . . . . .

A. 10 Public companies at a time

B. 15 Public companies at a time

C. 20 Public companies at a time

D. 50 Public companies at a time

Answer & Solution Discuss in Board Save for Later

Indian Companies Act MCQ question and answer | Law MCQ question

31. Which two types of business structures are created via a process of incorporation?

Answer & Solution

32. How is the net worth of a foreign Company calculated for the purpose of Corporate Social Responsibility

Answer & Solution

33. The proper authority for convening a General Meeting of a company is the

Answer & Solution

34. The first Annual General Meeting of a Company must be held

Answer & Solution

35. With which topic the case of Earlanger v. New Sombero Phosphate Co., is related to the Company Law?

Answer & Solution

36. The Companies Act, 2013 has provided that in listed companies, appointment of independent directors is mandatory and the independent directors will be appointed

Answer & Solution

37. What is the appellate authority for the order against National Company Law Appellate Tribunal?

Answer & Solution

38. According to the new Companies Act, 2013, what is the minimum number of person/s required to form a Private Limited Company?

Answer & Solution

39. Which one of the following is incorrect? Any mis-statement made in the Prospectus would attract the liability of the following persons under the Companies Act:

Answer & Solution

40. No person can hold the office of the director in more than . . . . . .

Answer & Solution

31.
Which two types of business structures are created via a process of incorporation?

32.
How is the net worth of a foreign Company calculated for the purpose of Corporate Social Responsibility

33.
The proper authority for convening a General Meeting of a company is the

34.
The first Annual General Meeting of a Company must be held

35.
With which topic the case of Earlanger v. New Sombero Phosphate Co., is related to the Company Law?

36.
The Companies Act, 2013 has provided that in listed companies, appointment of independent directors is mandatory and the independent directors will be appointed

37.
What is the appellate authority for the order against National Company Law Appellate Tribunal?

38.
According to the new Companies Act, 2013, what is the minimum number of person/s required to form a Private Limited Company?

39.
Which one of the following is incorrect? Any mis-statement made in the Prospectus would attract the liability of the following persons under the Companies Act:

40.
No person can hold the office of the director in more than . . . . . .