Mr.A is director of ABC Ltd. which failed to repay matured deposits from 1st Oct. 2017 onwards and the default continues. But ABC Ltd. is regular in filling annual accounts and annual returns. Mr. A is also a director of PQR Ltd. and XYZ Ltd. Is it possible for Board of directors of DEF Ltd to appoint Mr. A as an additional director at the board meeting to be held on 15th Nov.2018 would your answer be different if Mr.A ceased to be a director of ABC Ltd. by resignation on 1st Sep 2018.
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Question 2 of 15
2. Question
1 points
Category: Corporate& Economic,Allied Laws
Mr.A is director of ABC Ltd Which failed to reply matured deposits from 1st Oct. 2017 onward and the default continues. But ABC Ltd. is regular in filling annual accounts and annual returns. Mr.A is also director of PQR Ltd. and XYZ Ltd. Whether Mr. A is disqualified and if so whether he is required to vacate his office of director in PQR Ltd. and XYZ Ltd
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Question 3 of 15
3. Question
1 points
Category: Corporate& Economic,Allied Laws
Mr.A is director of ABC Ltd Which failed to reply matured deposits from 1st Oct. 2017 onward and the default continues. But ABC Ltd. is regular in filling annual accounts and annual returns. Mr.A is also director of PQR Ltd. and XYZ Ltd. Is it possible for Board of directors of DEF Ltd to appoint Mr. A as an additional director at the board meeting to be held on 15th Nov. 2018 would your answer be different if Mr. A ceased to be a director of ABC Ltd. by resignation on 1st Sep. 2018
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Incorrect
Question 4 of 15
4. Question
1 points
Category: Corporate& Economic,Allied Laws
Where all the directors of a company vacate their offices under any of the disqualifications specified in Sec. 167(1) in the absence of promoters, ______________ shall appoint the required number of directions who shall hold office till the directions are appointed by the company in the general meeting.
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Question 5 of 15
5. Question
1 points
Category: Corporate& Economic,Allied Laws
If a person, function as a director even when he knows that the office of director held by him has become vacant on account of any of the disqualification specified in Sec.167(1) he shall be punishable with_________
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Question 6 of 15
6. Question
1 points
Category: Corporate& Economic,Allied Laws
The office of a director shall becomes disqualified by an order of a court or the Tribunal or he is convicted by a Court of any offence, whether involving moral turpitude or otherwise and sentenced in respect thereof to imprisonment for less than six months.However, in such cases, office shall not be vacated__________
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Question 7 of 15
7. Question
1 points
Category: Corporate& Economic,Allied Laws
The office of a director shall become vacant if he absent himself from all the meetings of the Board of Directors held during a period of _________
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Question 8 of 15
8. Question
1 points
Category: Corporate& Economic,Allied Laws
The office of a director shall become vacant in case he incurs any of the disqualification specified in Sec.164. If disqualification arises u/s 164(2), the directors shall vacant in _____________
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Question 9 of 15
9. Question
1 points
Category: Corporate& Economic,Allied Laws
‘X’ was appointed as a director for life by the articles of association of a private company incorporate on 1st May 2018. The articles also empowered ‘X’ to appoint a successor. ‘X’ appointed by will ‘Y’, to succeed him after his death. Can ‘G’ succeed ‘X’ as a director after the death of’X’?
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Question 10 of 15
10. Question
1 points
Category: Corporate& Economic,Allied Laws
If a director of the company contravenes the provisions of Sec. 166, such director shall be punishable with fine ranging from
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Question 11 of 15
11. Question
1 points
Category: Corporate& Economic,Allied Laws
If a person accepts an appointment as a director in contravention of Sec. 165(1) as to maximum number of companies in which a person can hold directorship at the same time, he shall be liable to a penalty:
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Question 12 of 15
12. Question
1 points
Category: Corporate& Economic,Allied Laws
For reckoning the limit of directorship of 20 companies in which a person can be appointed as director, directorship of which of the companies shall be excluded:
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Question 13 of 15
13. Question
1 points
Category: Corporate& Economic,Allied Laws
For reckoning the limit of Public companies in which a person can be appointed as director, directorship of which of the companies shall be excluded:
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Question 14 of 15
14. Question
1 points
Category: Corporate& Economic,Allied Laws
Where a person is appointed as a director of a company which is in default of clause (a) or clause(b) of Sec. 164(2) of companies Act 2013, he shall not incur disqualification for a period of _________
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Question 15 of 15
15. Question
1 points
Category: Corporate& Economic,Allied Laws
A person shall be eligible for appointment as a director of a company, if he has been convicted by a court of any offence, whether involving moral turpitude or otherwise, and sentenced in respect thereof to imprisonment for not less than _________ and a period of __________has not elapsed from the date of expiry of the sentence.
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