Business Law
331. The procedure for change of registered office from one city to another within the state is by passing ______________
- Special resolution only
- Ordinary resolution only
- Special resolution and approval of central government
- Ordinary resolution and approval of company law board
Correct answer: (A)
Special resolution only
332. The forms of articles of association are given in tables ______________ is schedule I of the companies Act 1956
- A,C,D&E
- B,C,D&E
- B,A,C&E
- B,D&E
Correct answer: (A)
A,C,D&E
333. According to sec.225, the directors should be appointed in he ______________
- Office of the Registrar
- General Meeting
- Company
- Share holders
Correct answer: (B)
General Meeting
334. Directors are ______________ of he powers conferred on then and they must exercise those powers bonafide and for the benefit of the company.
- Trustee
- Management
- Representative
- None of the above
Correct answer: (A)
Trustee
335. The quorum for a meeting of the board of directors shall be ______________ of its total strength or 2 directors whichever is higher.
- 3
- ½
- ¼
- 1/3
Correct answer: (D)
1/3
336. ______________ can be imposed on directors for non compliance of requirements’of companies Act
- Penalty
- Fine
- Statutory penalty
- Criminal liability
Correct answer: (B)
Fine
337. ______________ is the first general meeting of the share holders odf a public company
- Extra ordinary meeting
- Class meeting
- General meeting
- Statutory meeting.
Correct answer: (D)
Statutory meeting.
338. ______________ called for dealing with some urgent special business which cannot e postponed till the next annual general meeting.
- Extra ordinary general meeting
- Ordinary general meeting
- Class meeting
- None of the above.
Correct answer: (A)
Extra ordinary general meeting
339. ______________ refers to the instrument by which a person is appointed to act for another at a meeting of the company.
- Proxy
- Quorum
- Motion
- None of the above
Correct answer: (A)
Proxy
340. winding up by the order of Tribunal is ______________
- Voluntary winding up
- Compulsory winding up
- Winding up
- All the above.
Correct answer: (B)
Compulsory winding up