Question # 1

The objective of a statutory meeting is

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To raise funds

To settle preference

To gain the confidence of company's shareholders

To sell the shares

What is not necessary for a private company:

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Statutory meeting

Statutory report

Both (a) & (b)

None of these

To whom does the directors of a company submit the copy of profit and loss account:

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Company's registrar

Company's auditor

Company's creditor

None of these

The notice of special resolution must be given to the members

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21 days before

37 days before

33 days before

14 days before

The directors are selected by:

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Shareholders

Promoters

Board of directors

All three can do

After the formation of a company, what is the first meeting of shareholders is called

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Statutory meeting

Annual general meeting

Extra ordinary meeting

None of these

People who run the management of a joint stock company are:

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Shareholders

Creditors

Directors

Debenture holders

The details of the allotted shares is mentioned in:

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Statutory report

Annual meeting report

Special meeting report

All of them

What are the possibilities to wind up a company:

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Voluntary winding up

Voluntary winding up under the supervision of court

Violent winding up by the court

All of them

Who can be a director of a company:

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Immature / Minor

Artificial person

Representative of the creditor

Insolvent person

Whose signature is important on statutory report of the company

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Shareholders

Promoters

Directors

Auditors

What is the time duration in which a public company is bound to call a general meeting after getting certificate of incorporation:

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6 months

9 months

12 months

16 months

For how much time the directors are selected in a public ltd. company

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2 years

3 years

7 years

10 years

The details of the allotted shares is mentioned in

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Statutory report

Annual meeting report

Special meeting report

All of them

What is the time duration in which a public company is bound to call a general meeting after getting certificate of incorportaion:

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6 months

9months

12months

16months

A Statutory meeting is called after getting the certificate of commencement:

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After 3 Months

After 6 Months

After 3 months and before 6 months

Within a year

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