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.
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.
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.
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.
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.
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.
83. If a new company get registered with a name which resembles the name of existing company then it should apply to whom?
A. nclt
B. sebi
C. roc
D. none of the above
✅ The correct answer is option A.
86. Own funds are called
A. debenture capital
B. share capital
C. loan capital
D. none of the above
✅ The correct answer is option B.
89. The resolution passed at AGM are__________
A. valid
B. void
C. voidable
D. void ab-initio
✅ The correct answer is option A.
92. After the expiry of how much time the company must think that the permission was not granted
A. 11 weeks
B. 12 weeks
C. 10 weeks
D. none of these
✅ The correct answer is option C.