Company law and secretarial practice mcq

  • What are the characteristics of a company Mcq?

    Thus, a company may be defined as An incorporated association which is an artificial -person created by law, having a separate entity, with perpetual succession, a common seal, capital divided into transferable shares, and carrying limited liability..

  • What are the provisions regarding redemption of preference shares are in Companies Act 2013 under Mcq?

    Under Section 55 of The Companies Act 2013, a company can issue preference shares liable to be redeemed at the end of twenty years.
    A company cannot issue an irredeemable preference share as per the Act..

  • What is an ordinary resolution mcq?

    Ordinary resolution is a resolution passed by simple majority of votes.
    As provided in sub-section (1) of section 114, a resolution shall be an ordinary resolution if notice of such resolution is duly given and the votes cast in favour of the resolution exceed the votes cast against the resolution, if any..

  • Which among the following refers to liability of a company?

    A company's obligation to pay money to other people or businesses in the future is called a liability..

  • Which section 71 of the Companies Act 2013 prohibits issue of debentures carrying Mcq?

    9:- The section 71 of the Companies Act, 2013 prohibits issue of debentures carrying: Differential voting rights..

  • Limited liability refers to the directors ability to limit their liability for acts of negligence, fraud etc.
  • Under Section 55 of The Companies Act 2013, a company can issue preference shares liable to be redeemed at the end of twenty years.
    A company cannot issue an irredeemable preference share as per the Act.

How many questions are required in RAM & Associates LLP test paper?

(This Test Paper is for recapitulate and practice for the students

Students need not to submit responses/answers to this test paper to the Institute

) Question No 1 is compulsory and attempt 5 questions out of 6

Ram is a Company Secretary and he has been working under the umbrella of Ram & Associates LLP with 10 other associates

What are the core competencies of a company secretary?

(c) Corporate laws are core competence areas of a Company Secretary and corporate compliance management broadly requires complete compliance of these laws

Comment 4

(a) Saraswathi Mandir is an educational institution registered as a Trust under the Trust Act, 1882


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