Appointment and Qualification of Directors – Test 3

M/s Bharat Pharma Limited is a company listed with Bombay Stock Exchange. The company were having 500 small shareholders in the said company, so they wanted to appoint Mr.A as Director as their representative on the Board of directors of the said company.Mr.A does not hold any share in the Bharat Pharma Limited. Mr. A is also holding the position of small shareholders directors in Neemuch Pharma Ltd.

M/s Bharat Pharma Limited is a company listed with Bombay Stock Exchange. The company were having 500 small shareholders in the said company, so they wanted to appoint Mr.A as Director as their representative on the Board of directors of the said company for 6 years.Mr.A does not hold any share in the Bharat Pharma Limited.

DD Ltd. is listed company and it has been served with notice for appointment of small shareholder’s director. Number of small shareholders who may serve notice on the company for a director representing them shall be:

The articles of association of M/s XY Ltd. provide for five directors and all the five directors are in position. How many directors are liable to retire at the ensuing annual general meeting.

ABC company Limited in its first general meeting appointed 6 directors whose period of office is liable to be determined by rotation. How many directors are liable to retire at the ensuing annual general meeting.

The promoters of a public company propose to have strength of the board of directors as 11. Maximum number of persons who can be appointed as directors not liable to retire by rotation are:

Companies (Appointment and Qualifications of Directors ) Rules, 2014 provides that every individual who has been allotted a Director Identification Number (DIN) as on 31st march of a financial year as per these rules shall, submit e-form DIR-3-KYC to

A person who is not retiring director shall, subject to the provision of Companies Act,2013, be eligible for appointment to the office of a director at any general meeting, if he, or some member intending to propose him as a director, has not less than 14 days before the meeting, left at the registered office of the company, a notice in writing under his signifying his candidature as a director or as the case may be the intention of such member to propose him as a candidate for that office, along with the deposit of ______________

Deposit made u/s 160 of Companies Act, 2013 along notice for candidature of a person as director shall be refunded, if

Requirement of deposit u/s 160 of Companies Act, 2013 along with notice for candidature of a person as director shall not apply in case of

In case of sec. 8 companies, deposit made u/s 160 of companies Act, 2013 along with notice for candidature of a person as director, shall be ___________ if valid notes on the concerned resolution is not more than 25% of the valid notes.

As per Sec. 161(1) of Companies Act,2013, the articles of company may confer on its________ the power to appoint any person, as an _________ other than a person who fails to get appointed as a director in a general meeting.

Tenure of additional director appointed in a company shall be upto____________

Which of the following is correct in relation to appointment of alternate director?

The Board of directors of a company may, subject to authorization, appoint a person, to act as an alternate director in the absence of a director from India for specified period. which of the following person cannot be appointed as alternate director as per provisions of Sec. 161(2) of Companies Act 2013?

Which of the following is correct as to tenure of alternate director?

As per Sec.161 of companies Act 2013, if the office of any directors appointed by the company general meeting is vacated before his term of office expires in the normal course, the resulting casual vacancy may, in default of and subject to any regulation in the articles of the company , be filled by ____________.

Mr. Sachin was appointed as an additional Director of Conservation Finance Ltd. w.e.f.1st Jan.2018, in a casual vacancy by way of circular resolution passed by the Board of Directors. The next AGM of the company was due on 30th Sep., 2018, but the same was not held due to delay in the finalization of the accounts of Mr. Sachin and his continuation as additional director beyond 30th Sep., 2018. Advise the company on the complaints made the shareholders.

The promoters of a public company propose to have the strength of the board of directors as Maximum number of persons who can be appointed as directors not liable to retire by rotation are:

The articles of association of M/s XY Ltd. Provide for five directors and all the five directors are positions. How many directors are liable to retire at the ensuing annual general meeting.

If a company contravenes any of the provisions of section 149 to 171, for which no specific punishment is provided therein, the company and every officer of the company who is in default shall be punishable with fine ranging from__________.

Register containing particulars of directors and KMP shall be open for inspection_______.

Return containing the particulars of appointment of directors or KMP and changes there in shall be filled with the Registrar in __________ along with prescribed fee within ________ of such appointment or change as the case may be.

Mr.X is named as a director for life in the articles of association of M/s ABC(p) Limited which was incorporated on 1st April 2012. The Articles of Association of company also provide that he cannot be removed by members in general meeting. Some of the members want to remove Mr.x by passing an ordinary resolution in general ,meeting. State with reference to the relevant provisions of the Companies Act 2013 whether the proposed action is valid.

Mr.X ,a shareholder in M/s ABC. Ltd holding 50,000 equity shares of Rs.10 each fully paid up want give a special notice to the company for removal of Mr. M, a director of M/s ABC Ltd without standing any reason in the notice. Total no. of shares of the company are 60 Lac. Whether Mr. X is entitled to do so.

Mr. Raj, a director of POL Ltd., submitted his resignation from the post of director to the Board of Directors on 30th June, 2018 and obtained a receipt therefore on the same day. The Board of Directors of PoL Ltd. neither accepted the resignation nor did it file the required form with the Registrar of companies. you are required to state whether Mr. Raj ceases to be the Director of POL Ltd. and if yes, since when?

The resignation of a director shall take effect from___________.

Mr. Vikram, a director of M/s Tube Light Limited has made default in filling of annual account and annual returns with Registrar of Companies for continuous period of 3 financial years ending on companies, where he is/was a director.

Mr. Vikram, a director of M/s Tube Light Limited has made default in filling of annual account and annual returns with Registrar of Companies for continuous period of 3 financial years ending on 31st march 2018. Whether Mr. Vikram can continue to be director of M/s Tube Light Limited (defaulting company) and also M/s Green Light Limited, where he is also a director?

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. Whether Mr.A is disqualified and if so whether he is required to vacate his office of directors in PQR Ltd. and XYZ Ltd.