981. 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.
982. 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.
983. Minimum no. of Directors in case of private company is __________ A. 1 B. 2 C. 3 D. 4 ✅ The correct answer is option B.
984. Information memorandum + shelf prospectus together constitutes_____ A. memorandum B. articles C. prospectus D. none of the above ✅ The correct answer is option C.
985. Minimum number of members in case of public company A. 1 B. 2 C. 5 D. 7 ✅ The correct answer is option D.
986. If minimum subscription is not received application money should be refunded with in _____ days A. 20 B. 25 C. 30 D. 10 ✅ The correct answer is option D.
987. Proxies cannot vote on_________ A. show of hands B. poll C. both (a) & (b) D. none of the above ✅ The correct answer is option A.
988. Deposits should issued with in__________ weeks from the date of receipt of money. A. 2 B. 4 C. 6 D. 8 ✅ The correct answer is option D.
989. Paying back of capital is called A. redemption B. conversion C. participation D. none ✅ The correct answer is option A.
990. Which of the following can be used for buy back of shares A. free reserves B. securities premium C. proceeds of fresh issue of shares D. all of the above ✅ The correct answer is option D.