INTER LEVEL QUIZ
Which of the following is correct regarding the registration of a charge under Section 77?
Which of the following is correct regarding the registration of a charge under Section 77?
Anonymous Quiz
66%
a) Charge created by a company must be registered within 30 days
11%
b) If a charge is not registered, it remains valid against creditors
15%
c) The charge holder can register a charge without the company's consent
8%
d) No charge needs to be registered if the loan is unsecured
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FINAL LEVEL QUIZ
Which of the following statements about independent directors is true?
Which of the following statements about independent directors is true?
Anonymous Quiz
11%
a) They can hold shares exceeding 2% in the company
10%
b) They can be related to the promoter of the company
9%
c) They must have at least 10 years of industry experience
70%
d) They should not have any pecuniary relationship with the company
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FOUNDATION LEVEL QUIZ 🏆
The validity of contract is not affected by :
The validity of contract is not affected by :
Anonymous Quiz
32%
Mistake of fact
44%
Mistake of Indian law
17%
Misrepresentation
6%
Fraud
👍1
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INTERMEDIATE LEVEL QUIZ 🏆
The modification of a charge must be reported to the ROC within how many days?
The modification of a charge must be reported to the ROC within how many days?
Anonymous Quiz
16%
15 days
60%
30 days
18%
45 days
6%
60 days
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FINAL LEVEL QUIZ 🏆
According to Section 168 of the Companies Act, 2013, what is required for a director’s resignation to be effective?
According to Section 168 of the Companies Act, 2013, what is required for a director’s resignation to be effective?
Anonymous Quiz
3%
A verbal notice during a board meeting.
88%
A written resignation submitted to the company and subsequently filed with the ROC.
6%
Approval by the Committee of Creditors.
3%
No formal notice is necessary; the director may simply stop attending meetings.
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FOUNDATION LEVEL QUIZ 🏆
Which one of the following statements about the capacity to contract is CORRECT?
Which one of the following statements about the capacity to contract is CORRECT?
Anonymous Quiz
13%
Minors are allowed to enter into contracts if they have parental consent.
45%
A person of unsound mind is automatically disqualified from contracting.
11%
Only individuals above 21 years of age can contract.
31%
Any person who is not disqualified by law is competent to contract.
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INTERMEDIATE LEVEL QUIZ 🏆
Under the Companies Act, 2013, a charge is required to be registered with the Registrar of Companies (ROC) within how many days of its creation?
Under the Companies Act, 2013, a charge is required to be registered with the Registrar of Companies (ROC) within how many days of its creation?
Anonymous Quiz
9%
15 days
70%
30 days
12%
45 days
8%
60 days
👍2
FINAL LEVEL QUIZ 🏆
Section 171 of the Companies Act, 2013 addresses the retirement of directors by rotation. What does this section provide for public companies?
Section 171 of the Companies Act, 2013 addresses the retirement of directors by rotation. What does this section provide for public companies?
Anonymous Quiz
5%
All directors must retire at the end of every financial year.
86%
1/3rd of the directors (EXCEPT independent directors) must retire by rotation at each AGM.
7%
Directors are appointed for life unless they resign.
2%
The entire board must be re-elected at every annual general meeting.
👍2
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