Business Law

331. The procedure for change of registered office from one city to another within the state is by passing ______________

  1. Special resolution only
  2. Ordinary resolution only
  3. Special resolution and approval of central government
  4. 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

  1. A,C,D&E
  2. B,C,D&E
  3. B,A,C&E
  4. B,D&E
Correct answer: (A)
A,C,D&E

333. According to sec.225, the directors should be appointed in he ______________

  1. Office of the Registrar
  2. General Meeting
  3. Company
  4. 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.

  1. Trustee
  2. Management
  3. Representative
  4. 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.

  1. 3
  2. ½
  3. ¼
  4. 1/3
Correct answer: (D)
1/3

336. ______________ can be imposed on directors for non compliance of requirements’of companies Act

  1. Penalty
  2. Fine
  3. Statutory penalty
  4. Criminal liability
Correct answer: (B)
Fine

337. ______________ is the first general meeting of the share holders odf a public company

  1. Extra ordinary meeting
  2. Class meeting
  3. General meeting
  4. 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.

  1. Extra ordinary general meeting
  2. Ordinary general meeting
  3. Class meeting
  4. 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.

  1. Proxy
  2. Quorum
  3. Motion
  4. None of the above
Correct answer: (A)
Proxy

340. winding up by the order of Tribunal is ______________

  1. Voluntary winding up
  2. Compulsory winding up
  3. Winding up
  4. All the above.
Correct answer: (B)
Compulsory winding up
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