Forwarded from Mohit Agarwal - Divya Agarwal MEPL Students Community
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Forwarded from Mohit Agarwal - Divya Agarwal MEPL Students Community
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Forwarded from Mohit Agarwal - Divya Agarwal MEPL Students Community
Which agreement is void but not illegal?
Anonymous Quiz
32%
A. Agreement in restraint of marriage
36%
B. Wagering Agreement
23%
C. Agreement with unlawful object
9%
D. Agreement to commit fraud
❤1
Forwarded from Mohit Agarwal - Divya Agarwal MEPL Students Community
The maximum permissible discount on reissue of forfeited shares equals:
Anonymous Quiz
15%
A. Face Value
27%
B. Called-up Amount
54%
C. Amount Forfeited
4%
D. Nominal Value
❤1
Forwarded from Mohit Agarwal - Divya Agarwal MEPL Students Community
Which reserve cannot be capitalised for Bonus Shares?
Anonymous Quiz
22%
A. Capital Redemption Reserve
9%
B. Free Reserves
56%
C. Revaluation Reserve
13%
D. Securities Premium (where permitted)
❤1
Forwarded from Mohit Agarwal - Divya Agarwal MEPL Students Community
The cornerstone of Insider Trading liability is:
Anonymous Quiz
16%
A. Profit Earned
15%
B. Trading Volume
64%
C. Possession of UPSI
5%
D. Shareholding
❤1
Forwarded from Mohit Agarwal - Divya Agarwal MEPL Students Community
The presumption against a Connected Person is:
Anonymous Quiz
18%
A. Absolute
46%
B. Rebuttable
32%
C. Irrebuttable
4%
D. Optional
❤1
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Forwarded from Mohit Agarwal - Divya Agarwal MEPL Students Community
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Forwarded from Mohit Agarwal - Divya Agarwal MEPL Students Community
The maximum permissible discount on reissue of forfeited shares is:
Anonymous Quiz
10%
A. Face Value
15%
B. Called-up Value
66%
C. Amount Originally Forfeited on Those Shares
8%
D. Amount Remaining Unpaid
❤1
Forwarded from Mohit Agarwal - Divya Agarwal MEPL Students Community
A debenture holder acquires the status of a member:
Anonymous Quiz
18%
A. On Allotment
17%
B. On Registration of Charge
57%
C. Only Upon Conversion (if Convertible)
8%
D. On Redemption
❤1
Forwarded from Mohit Agarwal - Divya Agarwal MEPL Students Community
Mistake as to foreign law is treated as:
Anonymous Quiz
27%
A. Mistake of Law
35%
B. Mistake of Fact
30%
C. Misrepresentation
9%
D. Fraud
❤1
Forwarded from Mohit Agarwal - Divya Agarwal MEPL Students Community
At least one director must stay in India for:
Anonymous Quiz
6%
A. 90 days
37%
B. 120 days
57%
C. 182 days
1%
D. 365 days
❤1
Forwarded from Mohit Agarwal - Divya Agarwal MEPL Students Community
Woman director mandatory for:
Anonymous Quiz
10%
A. All companies
78%
B. Listed & prescribed companies
8%
C. Private companies
4%
D. OPC
❤1
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