FOUNDATION LEVEL QUIZ π
For a contingent contract the event must be:
For a contingent contract the event must be:
Anonymous Quiz
19%
(a) Certain
53%
(b) Uncertain
5%
(c) Independent
23%
(d) Uncertain and collateral
π1
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EXECUTIVE LEVEL QUIZ
A company issued debentures and created a floating charge. Upon default, what must the trustee do before enforcing the security?
A company issued debentures and created a floating charge. Upon default, what must the trustee do before enforcing the security?
Anonymous Quiz
7%
a) Direct seizure of assets
18%
b) Notify ROC and creditors
40%
c) Convert the floating charge into a fixed charge
35%
d) Crystallize the charge and call for a meeting of debenture holders
π1
Forwarded from Divya Agarwal Mam (AIR 3)
INTER LEVEL QUIZ
A listed company violated Section 62(1)(c) by allotting securities without special resolution. What can SEBI enforce?
A listed company violated Section 62(1)(c) by allotting securities without special resolution. What can SEBI enforce?
Anonymous Quiz
20%
a) Cancel shares and bar directors
13%
b) Compounding by Tribunal
61%
c) Refund money with 12% interest + penalty under SEBI ICDR
6%
d) No penalty under SEBI laws
π1
CSEET LEVEL QUIZ π
A contract of insurance is:
A contract of insurance is:
Anonymous Quiz
21%
(Ξ±) Wagering contract
17%
(b) unilateral contract
19%
(c) Quasi contract
43%
(d) contingent contract
π1
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FINAL LEVEL QUIZ π
Under Section 7(5) of IBC, 2016, when can the Adjudicating Authority (NCLT) reject the application made by a financial creditor?
Under Section 7(5) of IBC, 2016, when can the Adjudicating Authority (NCLT) reject the application made by a financial creditor?
Anonymous Quiz
3%
When there is no default
9%
When application is incomplete
18%
When disciplinary proceedings are pending against proposed IRP
70%
All of the above
π1
PROFESSIONAL LEVEL QUIZ π
Which of the following is a mandatory pre-condition before an operational creditor can initiate insolvency proceedings under Section 9 of IBC, 2016?
Which of the following is a mandatory pre-condition before an operational creditor can initiate insolvency proceedings under Section 9 of IBC, 2016?
Anonymous Quiz
18%
Consent of financial creditors
9%
Filing an FIR
66%
Delivery of demand notice or invoice under Section 8
7%
Notice to the Central Government
π2
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