961. 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.
SSC
962. 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.
963. ________ 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.
964. 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.
965. ____ 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.
966. ______ 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.
967. 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.
968. 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.
969. Which one of the following has a right to claim compensation for any loss due to mis-statement in prospectus
A. purchasing shares in primary market
B. secondary market
C. subscribers to memo
D. all the above
✅ The correct answer is option A.
970. 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.