71. A company can become a members of another company if it is so authorized by______
A. moa
B. aoa
C. both (a) & (b)
D. none of the above
✅ The correct answer is option A.
Company Law
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.
73. Name of the member is struck off from the register in case of____________
A. issue of share certificate
B. share warrant
C. forfeiture
D. none of the above
✅ The correct answer is option B.
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.
75. The doctrine of indoor management is an_________ to the doctrine of constructive notice
A. exception
B. extension
C. alternative
D. none of the above
✅ The correct answer is option A.
76. Forfeiture can be made only if it is authorized by ______
A. aoa
B. moa
C. roc
D. c.g
✅ 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.
78. ________ resolution should be passed by the company to offer shares to outsiders
A. special resolution
B. ordinary resolution
C. c.g
D. none of the above
✅ The correct answer is option A.
79. ______ years of imprisonment will be imposed in case of issue of prospectus with untrue statements
A. 1
B. 2
C. 3
D. 4
✅ The correct answer is option B.
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.