A. redemption
B. conversion
C. participation
D. none
✅ The correct answer is option A.
63. Proxies cannot vote on_________
A. show of hands
B. poll
C. both (a) & (b)
D. none of the above
✅ The correct answer is option A.
61. Minimum number of members in case of public company
A. 1
B. 2
C. 5
D. 7
✅ The correct answer is option D.
59. Minimum no. of Directors in case of private company is __________
A. 1
B. 2
C. 3
D. 4
✅ The correct answer is option B.
57. A company is named as govt. company if it is holds_________ % of paid up share capital
A. more than 30
B. more than 40
C. more than 50
D. none
✅ The correct answer is option C.
93. _______ % of shares should be held by a company in another company so as to become subsidiary
A. more than 50
B. more than 40
C. more than 30
D. more than 20
✅ The correct answer is option A.
90. In case of Non -Profit making Companies books of accounts are required to be preserved for _____ years
A. 2
B. 4
C. 6
D. 8
✅ The correct answer is option B.
87. Accepting of deposits from public in case of private company is
A. prohibited
B. restricted
C. acceptable
D. none of these
✅ The correct answer is option A.
84. Stamp duty on registration of the company is payable based on____________ capital.
A. nominal
B. authorized
C. both (a) & (b)
D. none
✅ The correct answer is option C.
81. ____ are the shares issued by the company to it employees or directors for consideration other than cash
A. bonus
B. sweat
C. right
D. none of the above
✅ The correct answer is option B.