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EXECUTIVE LEVEL QUIZ
A company fails to issue share certificates to subscribers within 2 months of allotment. Which section is violated and what is the enforcement mechanism?
A company fails to issue share certificates to subscribers within 2 months of allotment. Which section is violated and what is the enforcement mechanism?
Anonymous Quiz
25%
a) Section 42 β SEBI action
47%
b) Section 56 β ROC may impose penalty
14%
c) Section 62 β NCLT jurisdiction
14%
d) Section 44 β Company tribunal intervention
π1
Forwarded from Divya Agarwal Mam (AIR 3)
INTER LEVEL QUIZ
Can a debenture trustee enforce a charge over company assets in case of default, without court permission?
Can a debenture trustee enforce a charge over company assets in case of default, without court permission?
Anonymous Quiz
15%
a) Yes, always
35%
b) No, must apply to NCLT
15%
c) Only with shareholders' approval
34%
d) Yes, if authorized by trust deed and Section 71(9)
π2
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Ultimate MCQ's Battle For CMA Final Begins Tonightπ― Revise Direct Tax Laws & International Taxation With 100% Exam-Oriented Focus β
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PROFESSIONAL LEVEL QUIZ π
A Board Meeting starts with quorum. Midway, one Director discloses interest and leaves. Two others exit due to emergencies. What should happen as per SS-1?
A Board Meeting starts with quorum. Midway, one Director discloses interest and leaves. Two others exit due to emergencies. What should happen as per SS-1?
Anonymous Quiz
10%
Continue the meeting as it began validly.
62%
Meeting stands adjourned due to no quorum.
24%
Remaining Directors may pass resolutions.
5%
Interested Director can be counted after disclosure.
β€1
FINAL LEVEL QUIZ π
A company convenes a Board Meeting and sends the notice only via email 5 days before the meeting. One Director later claims he didn't receive it. There is no proof of delivery failure. Is the meeting valid as per SS-1?
A company convenes a Board Meeting and sends the notice only via email 5 days before the meeting. One Director later claims he didn't receive it. There is no proof of delivery failure. Is the meeting valid as per SS-1?
Anonymous Quiz
46%
No, because notice must be sent 7 days before the meeting.
38%
Yes, because email is a valid mode and delivery is presumed.
8%
No, because physical notice must always be sent.
8%
Yes, if the Director was present in the meeting.
π2
Forwarded from Mohit Agarwal - Divya Agarwal MEPL Students Community
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Ultimate MCQ's Battle For CMA Final Begins Tonightπ― Revise Direct Tax Laws & International Taxation With 100% Exam-Oriented Focus β
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FOUNDATION LEVEL QUIZ π
A contracted to supply 200 bags of rice to B on 30th December, 2021. After supplying 20 bags of rice. A informed B that he will not supply remaining bags of rice to B. In this case,
A contracted to supply 200 bags of rice to B on 30th December, 2021. After supplying 20 bags of rice. A informed B that he will not supply remaining bags of rice to B. In this case,
Anonymous Quiz
33%
(a) There is anticipatory breach of contract
47%
(b) There is actual breach of contract
20%
(c) Both of the above
1%
(d) None of the above
π1
CSEET LEVEL QUIZ π
Damages which arise naturally in usual course of things from breach itself are called:
Damages which arise naturally in usual course of things from breach itself are called:
Anonymous Quiz
11%
(a) Special damages
33%
(b) Liquidated damages
26%
(c) Nominal damages
30%
(d) General damages
π1
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