91. Minimum number of members in case of private company is
A. 1
B. 2
C. 3
D. 4
✅ The correct answer is option B.
Company Law
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.
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.
94. In the event of appointing a proxy joint holders shall sign the proxy form
A. singularly
B. jointly
C. none of the above
D. both (a) & (b)
✅ The correct answer is option B.
95. Every AGM must be held with ___ from the date of the Balance Sheet.
A. 4 months
B. 6 months
C. 9 months
D. none of these
✅ The correct answer is option C.
96. A share warrant is transferable by ____________
A. by execution of transfer deed
B. by delivery
C. both (a) and (b)
D. none of the above
✅ The correct answer is option B.
97. The company must deliver share certificate within______ if the shares applied for transfer.
A. 3 months
B. 2 months
C. 5 months
D. none of these
✅ The correct answer is option B.
98. Where the registrar strikes off the register the name of a company as a defunct one, the court has the power to order restoration of name with in:
A. 5 years
B. 7 years
C. 10 years
D. 20 years
✅ The correct answer is option C.
99. Minimum paid up share capital in case of a public company is _____
A. 1 lakh
B. 3 lakhs
C. 5 lakhs
D. 7 lakhs
✅ The correct answer is option C.
100. U/s 274 (f) (g) directors are disqualified for how many________ years.
A. 1
B. 3
C. 5
D. 7
✅ The correct answer is option C.