A. nclt
B. sebi
C. roc
D. none of the above
✅ The correct answer is option A.
80. In case of red-herring prospectus the refund is made with an interest @_____
A. 12
B. 13
C. 15
D. 16
✅ The correct answer is option C.
77. If the guarantee Co. having no share capital the liability of shareholders will be
A. to the extent of guarantee
B. unpaid value of shares
C. unlimited
D. none of the above
✅ The correct answer is option A.
74. First AGM must be held within_____________ from the incorporation of the company
A. 15 months
B. 18 months
C. 12 months
D. none of these
✅ The correct answer is option B.
72. The doctrine of__________ does not apply to acts void ab initio.
A. ultra virus
B. intra virus
C. constructive notice
D. indoor management
✅ The correct answer is option D.
70. Cumulative preference share holders have voting right if dividend are in arrears for years
A. 1
B. 2
C. 3
D. 4
✅ The correct answer is option B.
68. In case of Partly Convertible Debentures non-convertible portion is classified as_____
A. debt
B. equity
C. both (a) & (b)
D. none of the above
✅ The correct answer is option A.
66. Transmission is effected by
A. sale
B. death
C. insolvency
D. both (b) & (c)
✅ The correct answer is option D.
64. Which of the following can be used for buy back of shares
A. free reserves
B. securities premium
C. proceeds of fresh issue of shares
D. all of the above
✅ The correct answer is option D.
62. Deposits should issued with in__________ weeks from the date of receipt of money.
A. 2
B. 4
C. 6
D. 8
✅ The correct answer is option D.