PROFESSIONAL LEVEL QUIZ 🏆
Which of the following is mandatory for a scheme of demerger to be approved under the Companies Act?
Which of the following is mandatory for a scheme of demerger to be approved under the Companies Act?
Anonymous Quiz
17%
Board resolution with ordinary majority
34%
Special resolution by members
38%
Approval by NCLT
11%
Approval from SEBI for all companies
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FINAL LEVEL QUIZ 🏆
In a demerger scheme under Section 232 of the Companies Act, 2013, which of the following is mandatory before the NCLT can issue an order sanctioning the scheme?
In a demerger scheme under Section 232 of the Companies Act, 2013, which of the following is mandatory before the NCLT can issue an order sanctioning the scheme?
Anonymous Quiz
26%
Board Resolution by both companies
19%
Valuation Report by a Merchant Banker
44%
Report by the Official Liquidator and Regional Director
11%
No objection from Credit Rating Agency
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Hello Students, 👋
We are glad to inform you that the exams 🎓 of all the SKILL ENHANCEMENT COURSES shall be conducted on 🗓 2nd June 2025 (MONDAY) from 11:30 a.m. ⏰ onwards.
The test duration for each course shall be 1 hour. Students who are interested in taking the exam, are requested to submit their answers within the stipulated time period of 1 hour.
The schedule is as follows
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We are glad to inform you that the exams 🎓 of all the SKILL ENHANCEMENT COURSES shall be conducted on 🗓 2nd June 2025 (MONDAY) from 11:30 a.m. ⏰ onwards.
The test duration for each course shall be 1 hour. Students who are interested in taking the exam, are requested to submit their answers within the stipulated time period of 1 hour.
The schedule is as follows
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FOUNDATION LEVEL QUIZ
A contract by which one party promises to save the other from loss caused to him by the conduct of the promisor himself or by the conduct of any other person is called
A contract by which one party promises to save the other from loss caused to him by the conduct of the promisor himself or by the conduct of any other person is called
Anonymous Quiz
22%
(a) Surety contract
15%
(b) Simple contract
60%
(c) Contract of indemnity
3%
(d) None of above
👍1
CSEET LEVEL QUIZ
Quantum Meruit means
Quantum Meruit means
Anonymous Quiz
29%
(a) a non-gratuitous promise
29%
(b) as gratuitous promise
37%
(c) as much as is earned
4%
(d) as much as is paid
👍1
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INTER LEVEL QUIZ
A preference shareholder seeks repayment under NCLT. Company pleads inability due to losses. What can Tribunal do?
A preference shareholder seeks repayment under NCLT. Company pleads inability due to losses. What can Tribunal do?
Anonymous Quiz
33%
a) Direct company to convert to equity
21%
b) Waive payment if losses continue
28%
c) Direct repayment from reserves
18%
d) No action, as preference shares are not debt
👍1
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EXECUTIVE LEVEL QUIZ
A secured debenture holder wishes to enforce charge. Company resists claiming no trustee was appointed. Can enforcement still happen?
A secured debenture holder wishes to enforce charge. Company resists claiming no trustee was appointed. Can enforcement still happen?
Anonymous Quiz
57%
a) Yes, directly under Section 71(9)
25%
b) No, must appoint trustee first
14%
c) Only unsecured creditors can sue
4%
d) Must wait for maturity
👍1
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Model Question Papers (MQP) Solving
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PROFESSIONAL LEVEL QUIZ 🏆
Under revised SS-1, how long should a company retain proof of sending draft resolutions?
Under revised SS-1, how long should a company retain proof of sending draft resolutions?
Anonymous Quiz
13%
1 year
29%
3 years
25%
5 years
34%
Till next Board meeting
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FINAL LEVEL QUIZ 🏆
Under Section 232(1), a scheme of demerger may also involve:
Under Section 232(1), a scheme of demerger may also involve:
Anonymous Quiz
4%
Conversion of debt into equity
7%
Write-off of accumulated losses
6%
Reduction of share capital
83%
All of the above
👍2
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FOUNDATION LEVEL QUIZ
Sometimes, a party is entitled to claim compensation in proportion to the work done by him. It is possible by a suit for
Sometimes, a party is entitled to claim compensation in proportion to the work done by him. It is possible by a suit for
Anonymous Quiz
26%
(a) damage
19%
(b) injunction
46%
(c) quantum meruit
8%
(d) none of these
👍1