Every company shall hold the first meeting of the Board with in_____________.
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Question 2 of 30
2. Question
1 points
Category: Corporate& Economic,Allied Laws
Every Company shall hold a minimum number of ________.
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Question 3 of 30
3. Question
1 points
Category: Corporate& Economic,Allied Laws
In case of Sec. 8 companies which has not committed a default in filing of its financial statements u/s 173 or annual return u/s 92 with the Registrar, Board of directors shall hold
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Question 4 of 30
4. Question
1 points
Category: Corporate& Economic,Allied Laws
What is the minimum interval allowed between two consecutive meetings of the Board?
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Question 5 of 30
5. Question
1 points
Category: Corporate& Economic,Allied Laws
Which of the following is not a permitted means of participation by directors in a meeting of board?
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Question 6 of 30
6. Question
1 points
Category: Corporate& Economic,Allied Laws
M/s OBC Limited, at its forthcoming Board meeting decide that is will not provide the directors with the facility of participation in the said meeting through electronic mode; can the directors insist on attending the meeting through such mode?
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Question 7 of 30
7. Question
1 points
Category: Corporate& Economic,Allied Laws
A meeting of the Board shall be called by giving not less than________notice in writing to every director at his address registered with the company
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Question 8 of 30
8. Question
1 points
Category: Corporate& Economic,Allied Laws
Every officer of the company whose duty is to give notice of Board meeting under Sec. 173(4) of Companies Act, 2013 and who fails to do so shall be liable to a penalty of _________.
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Question 9 of 30
9. Question
1 points
Category: Corporate& Economic,Allied Laws
ABC Limited, a public limited company was incorporated on 1st April, 2018. The company has conducted first Board meetings during the financial year 2018-19 on 6th April, 2018. Within how many days the company must conduct its next Board meeting to comply with the provisions of Companies Act, 2013?
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Question 10 of 30
10. Question
1 points
Category: Corporate& Economic,Allied Laws
ABC Limited, a Sec. 8 company was incorporated on 1st April, 2018. What is the minimum number of Board meetings ABC limited shall hold within six calendar months?
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Question 11 of 30
11. Question
1 points
Category: Corporate& Economic,Allied Laws
Mr. P and Mr. Q who are the directors of the Company informed the Company their inability to attend the meeting because the notice of the meeting was not served on them. What would be the effect on resolution passed in such meeting?
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Question 12 of 30
12. Question
1 points
Category: Corporate& Economic,Allied Laws
Mr. X, a director of the company, intimated of his participation in the meeting scheduled on August, 2018. He declared his participation through electronic mode, in June 2017. State whether Mr X is entitled to participate in the meeting to be conducted in August 2018-
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Question 13 of 30
13. Question
1 points
Category: Corporate& Economic,Allied Laws
Which among the below mentioned matters shall not be dealt with in any meeting held through video conferencing or other audio visual means:
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Question 14 of 30
14. Question
1 points
Category: Corporate& Economic,Allied Laws
Which among the below mentioned matters can be dealt with in any meeting held through video conferencing or other audio visual means:
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Question 15 of 30
15. Question
1 points
Category: Corporate& Economic,Allied Laws
ABC Limited, a public limited company was incorporated on 1st April, 2017. The company has conducted four Board meetings during the financial year 2017-18 i.e. on 6th April, 2017, 28th August, 2017, 30th September, 2017 and 30th March, 2018. Has the company contravened the provisions of the Companies Act, 2013 in respect of the conduct of the meetings?
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Question 16 of 30
16. Question
1 points
Category: Corporate& Economic,Allied Laws
Quorum required for Board Meeting as per Sec. 174(1) of Companies Act, 2013 is
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Question 17 of 30
17. Question
1 points
Category: Corporate& Economic,Allied Laws
In case of Section 8 companies which has not committed a default in filing of its financial statements u/s 137 or annual return u/s 92 with the Registrar, the quorum required for Board Meeting shall be
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Question 18 of 30
18. Question
1 points
Category: Corporate& Economic,Allied Laws
There are 9 directors in a company and out of which 2 offices of the directors have fallen vacant. What is the required quorum for the Board meeting?
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Question 19 of 30
19. Question
1 points
Category: Corporate& Economic,Allied Laws
There are 15 directors in a company and during discussion of a particular item, 13 of the directors are said to be ‘interested’ within the meaning of section 184(2) of the Companies Act, 2013. What is the required quorum for the Board meeting?
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Question 20 of 30
20. Question
1 points
Category: Corporate& Economic,Allied Laws
The Articles of Association of Amriz Limited provides for a maximum of 15 directors. But the company has only 10 directors and for two of them representing Collaborators, alternate directors have been appointed. What is the required quorum for the Board meeting?
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Question 21 of 30
21. Question
1 points
Category: Corporate& Economic,Allied Laws
The Articles of Association of Amriz Limited provides for a maximum of 15 directors. But the company has only 10 directors and for two of them representing Collaborators, alternate directors have been appointed. Articles provide for a quorum of six directors. What is the required quorum for the Board meeting?
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Question 22 of 30
22. Question
1 points
Category: Corporate& Economic,Allied Laws
Where at any time the number of interested directors exceeds or is equal to__________of the Board of Directors, the number of directors who are not interested directors and present at the meeting, being not less than_________, shall be the quorum during such time.
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Question 23 of 30
23. Question
1 points
Category: Corporate& Economic,Allied Laws
As per Sec. 175 of Companies Act, 2013, a resolution shall be deemed to have been duly passed by the Board or by a committee thereof by circulation, if certain conditions are satisfied. However, where_________ of the total number of directors of the company for the time being require that any resolution under circulation must be decided at a meeting at a meeting, the chairperson shall put the resolution to be decided at a meeting of the Board.
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Question 24 of 30
24. Question
1 points
Category: Corporate& Economic,Allied Laws
As per Sec. 177 of Companies Act, 2013 which of the following companies are required to constitute audit committee:
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Question 25 of 30
25. Question
1 points
Category: Corporate& Economic,Allied Laws
As per Sec. 177 of Companies Act, 2013, audit committee shall consist of minimum of:
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Question 26 of 30
26. Question
1 points
Category: Corporate& Economic,Allied Laws
What would be the minimum likely turnover or capital of a public company, when it will be required to constitute an Audit Committee?
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Question 27 of 30
27. Question
1 points
Category: Corporate& Economic,Allied Laws
XYZ Limited, a listed company has constituted an audit committee consisting of 5 members. What is the minimum required number of independent directors in the audit committee?
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Question 28 of 30
28. Question
1 points
Category: Corporate& Economic,Allied Laws
XYZ Limited, a listed company has constituted an audit committee consisting of 6 members. What is the minimum required number of independent directors in the audit committee?
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Incorrect
Question 29 of 30
29. Question
1 points
Category: Corporate& Economic,Allied Laws
As per proviso to Sec. 177(4)(iv), in case any transaction involving any amount not exceeding 1 Cr. is entered into by a director or officer of the company without obtaining the approval of the Audit Committee and it is not ratified by the Audit Committee within 3 months from the date of the transaction,
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Question 30 of 30
30. Question
1 points
Category: Corporate& Economic,Allied Laws
Section 177 of Companies Act, 2013 requires every listed company or such class or classes of companies, as may be prescribed, shall establish a vigil mechanism form__________to report genuine concerns in such manner as may be prescribed.
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