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
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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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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)
π1
Forwarded from Divya Agarwal Mam (AIR 3)
EXECUTIVE LEVEL QUIZ
A company issued partly paid shares but failed to collect the unpaid amount. What is the legal remedy to enforce payment from shareholders?
A company issued partly paid shares but failed to collect the unpaid amount. What is the legal remedy to enforce payment from shareholders?
Anonymous Quiz
6%
a) Appeal to SEBI
17%
b) ROC will issue a recovery notice
74%
c) Company must issue a call notice and follow forfeiture process
4%
d) Company must reissue shares
π2
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FOUNDATION LEVEL QUIZ π
If the demand for a good is inelastic, an increase in its price will cause the total expenditure of the consumers of the good to:
If the demand for a good is inelastic, an increase in its price will cause the total expenditure of the consumers of the good to:
Anonymous Quiz
25%
(a) Remain the same.
46%
(b) Increase.
25%
(c) Decrease.
3%
(d) Any of these.
π1
CSEET LEVEL QUIZ π
The Law of Demand, assuming other things to remain constant, establishes the relationship between:
The Law of Demand, assuming other things to remain constant, establishes the relationship between:
Anonymous Quiz
19%
(a) income of the consumer and the quantity of a good demanded by him.
52%
(b) price of a good and the quantity demanded.
15%
(c) price of a good and the demand for its substitute
14%
(d) quantity demanded of a good and the relative prices of its complementary goods.
π3
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