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FOUNDATION LEVEL QUIZ
The Articles of Association of a company contain:
The Articles of Association of a company contain:
Anonymous Quiz
75%
A. The rules and regulations for internal management
21%
B. The objectives for which the company is formed
2%
C. Details of directors’ remuneration
1%
D. List of shareholders
INTER LEVEL QUIZ
What is the quorum for a general meeting of a public company?
What is the quorum for a general meeting of a public company?
Anonymous Quiz
22%
A. 2 members personally present
39%
B. 5 members personally present
26%
C. 7 members personally present
13%
D. 30% of the total shareholders
FINAL LEVEL QUIZ
Which of the following transactions qualifies as a related party transaction under the Companies Act, 2013?
Which of the following transactions qualifies as a related party transaction under the Companies Act, 2013?
Anonymous Quiz
14%
A. Sale of goods to a company in which a director’s relative is employed
7%
B. Purchase of office furniture from a director’s relative
9%
C. Loan given to a director's relative by a company
70%
D. All of the above
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FOUNDATION LEVEL QUIZ
Under the Companies Act, 2013, which of the following is NOT considered a type of share capital?
Under the Companies Act, 2013, which of the following is NOT considered a type of share capital?
Anonymous Quiz
9%
A. Authorized capital
11%
B. Paid-up capital
5%
C. Issued capital
75%
D. Accrued capital
INTER LEVEL QUIZ
What is the maximum term for a company secretary under the Companies Act, 2013?
What is the maximum term for a company secretary under the Companies Act, 2013?
Anonymous Quiz
40%
A. 5 years
15%
B. 10 years
11%
C. 3 years
34%
D. No fixed term
FINAL LEVEL QUIZ
Which of the following is a ground for the winding up of a company by the Tribunal under the Companies Act, 2013?
Which of the following is a ground for the winding up of a company by the Tribunal under the Companies Act, 2013?
Anonymous Quiz
8%
A. The company has made profits for five consecutive years
21%
B. The company has defaulted on paying dividends
58%
C. The company is unable to pay its debts
13%
D. The company has issued more shares than authorized
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