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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
9%
A. Face Value
15%
B. Called-up Value
67%
C. Amount Originally Forfeited on Those Shares
9%
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
16%
A. On Allotment
18%
B. On Registration of Charge
58%
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
36%
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
77%
B. Listed & prescribed companies
9%
C. Private companies
4%
D. OPC
❤1
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CA/CMA Inter & CS Executive | Law - Class 2 By Divya Agarwal Mam | MEPL Classes
Welcome to Law – Class 2 by Divya Agarwal Mam for CA Inter, CMA Inter & CS Executive Students at MEPL Classes.
In this lecture, Divya Agarwal Mam, one of the best Law faculty in India, begins the Company Law series with conceptual clarity and exam-oriented…
In this lecture, Divya Agarwal Mam, one of the best Law faculty in India, begins the Company Law series with conceptual clarity and exam-oriented…
A's acceptance is posted on Monday. A revocation of acceptance is sent by speed post on Tuesday and reaches the proposer before the acceptance letter.
Anonymous Quiz
3%
A. Acceptance prevails
72%
B. Revocation is valid
25%
C. No communication exists
0%
D. Contract is void
❤2
A company forfeits shares on which ₹30 stands forfeited and reissues them at a ₹35 discount.
Anonymous Quiz
7%
A. Valid if Articles permit
34%
B. Valid by Special Resolution
50%
C. Invalid
9%
D. Valid if fully paid
❤2