Business Law

241. ______________ is the resolution which is passed , at valid called general meeting, by special majority of the meeting.

1. Ordinary resolution
2. Special resolution
3. Resolution by postal ballot
4. Resolution requiring special notice.

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242. ______________ is a person who has ultimate control over the affairs of factory

1. Young person
2. Adult
3. Occupier
4. Adolescent

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243. ______________ are the true owners of the company.

1. Members
2. Investors
3. Directors
4. Share holders

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244. Which of the following documents is submitted by the board of directors at every AGM______________?

1. Balance sheet
2. Profit and Loss Account
3. Both A and B
4. None of the above

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245. ______________ guarantees its established quality

1. Patent
2. Goods
3. Trade mark
4. Safety

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246. Where a directors acts dishonestly to the interest of the company. He will be held liable for ______________

1. Negligence
2. Malafide acts
3. Ultra virus acts
4. Breach of fiduciary duty

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247. An act which is to be ultra virus a company is ______________

1. Void
2. Valid
3. Both A and B
4. None of these.

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248. Shelf prospects relates under Sec. ______________

1. 16 A
2. 14 A
3. 60 A
4. 40 A

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249. An official liquidator is appointed by the ______________

1. Central government
2. By Court
3. State Government
4. Company

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250. As per Sec. 439 who can file a petition to the Tribunal for winding up?

1. The Registrar
2. Company
3. Contributory
4. Any one of these.

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