Deck 6: Company Meetings, Resolutions, and Winding up Processes

Question 1

Statutory meeting held within a period of ----------------

A)90 days from the date at which the company is entitled to start its business
B)6 months from the date of incorporation
C)Not less one month & not more than 6 month which the company is entitled to start its business
D)18 months from the date of incorporation

Answer 1

Not less one month & not more than 6 month which the company is entitled to start its business

Question 2

The first annual general meeting of the company must be held within --------------

A)6 months of incorporation
B)6 months from the date at which the company's entitled to start its business
C)18 months from the date at which the company is entitled to start its business
D)18 months of incorporation.

Answer 2

18 months of incorporation.

Question 3

------------------ called for dealing with some urgent special business which cannot e postponed till the next annual general meeting.

A)Extra ordinary general meeting
B)Ordinary general meeting
C)Class meeting
D)None of the above.

Answer 3

Extra ordinary general meeting

Question 4

----------------- is the minimum number that should be present at the meeting as per the articles of the company before any business can be validly transacted.

A)Minutes
B)Quorum
C)Register
D)Proxies

Question 5

For the proper conduct of business in a meeting a ------------------- is necessary

A)Director
B)Managing director
C)Chairman
D)Shareholders

Question 6

----------------------- is the official records of the meeting of the company

A)Quorum
B)Register
C)Report
D)Minute

Question 7

The chairman of the company has ----------------- vote

A)1
B)3
C)2
D)None of these.

Question 8

----------------------- means the list of business or thing to be done at the meeting

A)Quorum
B)Register
C)Minutes
D)Agenda

Question 9

---------------- refers to the instrument by which a person is appointed to act for another at a meeting of the company.

A)Proxy
B)Quorum
C)Motion
D)None of the above

Question 10

Decisions of a company are made by --------- of its members passed at meeting of members

A)Notice
B)Resolution
C)Quorum
D)Circular

Question 11

------------------ is the resolution which is passed at validly called general meeting, by simple majority of the members.

A)Special resolution
B)Resolution by postal ballot
C)Ordinary resolution
D)Resolution requiring special notice.

Question 12

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

A)Ordinary resolution
B)Special resolution
C)Resolution by postal ballot
D)Resolution requiring special notice.

Question 13

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

A)1/3
B)½
C)3
D)¾

Question 14

------------ is a proposal put before a meeting.

A)Motion
B)Resolution
C)Quorum
D)Proxy

Question 15

------------------ is a decision on the proposal

A)Quorum
B)Proxy
C)Motion
D)Resolution

Question 16

winding up by the order of Tribunal is ------------------

A)Voluntary winding up
B)Compulsory winding up
C)Winding up
D)All the above.

Question 17

Winding up by special resolution passed by the company

A)Compulsory winding up
B)Winding up
C)Voluntary winding up
D)All of the above

Question 18

In case of members voluntary winding up , the liquidation for conducting the winding up proceedings is appointed by -------------------.

A)Central government
B)Company in its general meeting
C)Company law board
D)Register

Question 19

The company is dissolved when the tribunal passes in order of dissolution and the Tribunal shelf pass such order ---------------------.

A)When the affairs of the company have been completely wound up
B)Immediately after the winding up order
C)At the instance of Central government
D)At the distance of company law Board.

Question 20

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

A)3 years before the commencement of the winding up
B)2 years before the commencement of the winding up
C)18 months before the commencement of the winding up
D)12 months before the commencement of the winding up

Question 21

The name of a defunct company can be resorted to register on an application made to the Tribunal by the company, or any member or a creditor within -------------------.

A)3 years from the dissolution
B)6 years from the dissolution
C)20 years from the dissolution
D)12 years from the dissolution.

Question 22

---------------------is the first state in which assists realized liabilities are paid off and surplus is distributed

A)Dissolution
B)Winding up
C)Acquisitions
D)All of the above

Question 23

The order of dissolution can be issued only by the company

A)Tribunal
B)Company Law Board
C)Both A and B
D)None of these.

Question 24

In members voluntary winding up control of winding up in the hands of the --------------------

A)Creditors
B)Members
C)Company
D)Directors

Question 25

A person who completed 15th year and below 18 year

A)Audit
B)Adolescent
C)Minor
D)Young person