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INTER LEVEL QUIZ
In case of fraudulent representation during the incorporation of a company, what is the maximum imprisonment term specified under the Companies Act, 2013?
In case of fraudulent representation during the incorporation of a company, what is the maximum imprisonment term specified under the Companies Act, 2013?
Anonymous Quiz
9%
a) 1 year
38%
b) 3 years
35%
c) 5 years
18%
d) 7 years
👍2
Forwarded from Divya Agarwal Mam (AIR 3)
EXECUTIVE LEVEL QUIZ
If a company’s Articles of Association (AOA) conflict with its Memorandum of Association (MOA), which document prevails?
If a company’s Articles of Association (AOA) conflict with its Memorandum of Association (MOA), which document prevails?
Anonymous Quiz
16%
a) Articles of Association
66%
b) Memorandum of Association
13%
c) Registrar of Companies’ decision
5%
d) Board Resolution
👍1
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X gives guarantee to the extent of 50,000 for the loans given from time to time by A to B. A gave a loan of 10,000 to B. Afterwards, X gives notice of revocation. Which is the correct option?
Anonymous Quiz
18%
(a) X is discharged from all liability to A for any loan granted.
52%
(b) X is liable to A for ₹ 10,000 on default of B.
21%
(c) X is liable to A for ₹ 50,000 on default of B.
9%
(d) X is liable to A for ₹ 40,000 on default of B.
👍1
In contract of guarantee for whom guarantee given is called
Anonymous Quiz
29%
(a) Surety holder
39%
(b) Principal debtor
30%
(c) Both (a) and (b)
2%
(d) None of above
👍1
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FINAL LEVEL QUIZ 🏆
Under Section 9, when does the NCLT admit the application filed by an operational creditor?
Under Section 9, when does the NCLT admit the application filed by an operational creditor?
Anonymous Quiz
45%
If the default is above ₹50,000 and there is no reply from debtor within 10 days
29%
If there is no dispute, and debt is unpaid and above the threshold limit
19%
If the corporate debtor agrees to undergo CIRP voluntarily
8%
If the operational creditor submits an affidavit without any supporting invoices
👍2
PROFESSIONAL LEVEL QUIZ 🏆
An application under Section 9 of IBC, 2016 shall be rejected by the Adjudicating Authority if:
An application under Section 9 of IBC, 2016 shall be rejected by the Adjudicating Authority if:
Anonymous Quiz
31%
The amount of default is less than ₹10 lakh
44%
The corporate debtor disputes the debt before the demand notice
12%
The operational creditor fails to attach Form 2
12%
The demand notice is sent via WhatsApp instead of registered post
👍1
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FOUNDATION QUIZ
On whose insolvency the agency is terminated?
On whose insolvency the agency is terminated?
Anonymous Quiz
13%
(a) Sub agent
28%
(b) Agent
49%
(c) Principal
10%
(d) Del credere
👍2
CSEET QUIZ
________________ is a person employed by, and acting under the control of original agent in the business of agency .
________________ is a person employed by, and acting under the control of original agent in the business of agency .
Anonymous Quiz
15%
(a) A substituted agent
53%
(b) A sub agent
28%
(c) A mercantile agent
4%
(d) An universal agent
👍2
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