941. Company is recognized by _________________ A. Services B. Common Seal C. Directors D. Artificial Person ✅ The correct answer is option B.
942. The time gap between two Annual General Meetings should not exceed______ A. Six months. B. Twelve months. C. Fifteen months. D. Eighteen months. ✅ The correct answer is option C.
943. Private Company restricts the number of its members up to _________ A. Two B. Ten C. 20 D. 50 ✅ The correct answer is option D.
944. conceives the idea of the business A. promoters B. directors C. auditors D. none of the above ✅ The correct answer is option A.
945. The quorum for the meeting of Board is _______________ A. One fourth of its total strength. B. One third of its total strength. C. Two third of its total strength. D. One half of its total strength. ✅ The correct answer is option B.
946. Private Company is defined under __________ A. S.3 (1) (iii) B. S.3 (1) (iv) C. S.4 D. S.4 (2) ✅ The correct answer is option A.
947. Ultra vires loans granted by the company are A. void B. voidable C. valid D. none of the above ✅ The correct answer is option A.
948. At the same time a person cannot hold office of a Director in more than ______ A. Two companies B. Seven companies C. Twenty companies D. Thirty companies ✅ The correct answer is option C.
949. Company registered under Company Law is _________ A. Legal Company B. Registered Company C. Chartered Company D. LLP ✅ The correct answer is option B.
950. If any body wants to file a case against the company they should file at what place _____ A. company B. registered office C. bod D. books of accounts ✅ The correct answer is option B.