Business Law

361. The doctrine of indoor Management has its own origin in

1. Salmon V Salona U&Co.Ltd.
2. Ryland V Turquand
3. Royal British Bank V Turquand
4. None of these

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362. ______________ is the supreme policy framing and decision making organ of a company.

1. Board of directors
2. Share holders
3. Auditor
4. Body corporate

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363. A person cannot hold directorship of more than ______________ companies at a time

1. 15
2. 50
3. 25
4. 10

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364. Minimum number of directors in private company is ______________

1. 3
2. 2
3. 4
4. 1

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365. The appointment of every director is to be made by an ______________ at the general meeting

1. Ordinary resolution
2. Special resolution
3. Single resolution
4. None of the above

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366. Statutory meeting held within a period of ______________

1. 90 days from the date at which the company is entitled to start its business
2. 6 months from the date of incorporation
3. Not less one month & not more than 6 month which the company is entitled to start its business
4. 18 months from the date of incorporation

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367. ______________ means the list of business or thing to be done at the meeting

1. Quorum
2. Register
3. Minutes
4. Agenda

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368. Special resolution is passed by majority ______________ of the members voting by show of hands or on poll either in person or by proxy.

1. 1/3
2. ½
3. 3
4. ¾

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369. A past member can also be placed on the list of contributories of he has ceased to be a member within ______________

1. 3 years before the commencement of the winding up
2. 2 years before the commencement of the winding up
3. 18 months before the commencement of the winding up
4. 12 months before the commencement of the winding up

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370. A person who completed 15th year and below 18 year

1. Audit
2. Adolescent
3. Minor
4. Young person

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