Multiple Choice Questions of CS Executive Pre Exams – Part 14

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Which of the contention is correct in the context of fixed charge

Galaxy Ltd. as per its net profits over the last three years had to spend 5 lakhs on Corporate Social Responsibility. Galaxy Ltd. spends 2 lakhs a on eradicating hunger and poverty, Rs. 150,000 on employment enhancing vocational skills, Rs. 50,000 on workshops and seminars so as to enhance the skills of the employees and Rs. 1,00,000 on advertisements ensuring judicious use of water. Which of the following statements is true?

AGM of ABC Ltd. was held on 15th September, 2016, the subsequent AGM was held on 15th August, 2017. Comment on the validity of subsequent meeting

The turnover of ABC Ltd. in the second quarter is 330 Cr. What is the position of directorship?

The person whose name is entered in the register of members of the ICSI shall deemed to be:

Preference shareholders will get voting rights in which of the following cases:

The order passed by the Central government under sub-section (1) of section 87 of the Act is required to be filed by the company with Registrar in:

In XYZ Ltd. Mr. A is Managing Director & CEO and also working in the capacity of Chief technician at a salary. Mr. ‘A’ died while at work. Legal heirs of Mr. ‘A’ claimed compensation from company. In this context which of the following statement is correct:

For the board of directors to change the no. of directors, under Association Model Business Corporations Act(MBCA) of US, a prior approval from shareholders is required if;

Every Company is required to keep one or more registers in Form MBP 4 for

Attendance register shall be deemed to have been signed by directors attending the meeting through Video conferencing, should be authenticated by;

Mr. Ramesh a minor wishes to be a shareholder in MNO Ltd. Which of the contention is incorrect in this respect?

Mr. A appointed Mr. Y as proxy for the AGM of XYZ Ltd. The AGM was adjourned. Which contention in this regard is valid?

The sweat equity shares issued to directors of the company shall be locked for a period of ______

Section 135(1) applies to a company having turnover of;

Remuneration payable to all directors of the Nidhi Company shall not exceed

LMN Ltd. transferred shares in XYZ ltd. to ABC ltd., what all documents need to be submitted to XYZ Ltd.

A Company may, by ________ remove a director before the expiry of the period of his office,

Which item can be passed by way of circulation?

Mr. M is a billionaire, he opened four companies in which he invested his funds, and agreed with each to hold a block of investment as an agent for it. Income received was credited in the accounts of the company but the company handed back the amount to him as an when required. Which of the contention is inappropriate in this context

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