MCQ for CA Final LAW - PART 1 - Corporate Laws - Section A - Company Law - Chapter 1 APPOINTMENT AND QUALIFICATIONS OF DIRECTORS

Sample Multiple Choice Questions (MCQ's) for CA Final - Paper 4 - Corporate and Economic Laws - PART 1 - Corporate Laws - Section A - Company Law - Chapter 1: APPOINTMENT AND QUALIFICATIONS OF DIRECTORS - For Practice relevant for May/Nov 23 Examinations

 

Q:1 The definition of director' is contained in_____________

 

  1. Clause (10) of Sec. 2
  2. Clause (34) of Sec. 2
  3. Clause (33) of Sec. 2
  4. Clause (32) of Sec. 2

Answer: 2

 

Q:2 A company may have more than 15 directors, without passing a special resolution, if the company is _____________.

 

  1. A Government company
  2. A company licenced under section 8
  3. Both (a) and (b)
  4. A private company

Answer: 3

 

Q:3 A company may have more than 15 directors _____________.       

  1. By passing an ordinary resolution
  2. By passing a special resolution
  3. With the approval of the Central Government
  4. With the approval of the tribunal

Answer: 2

 

Q:4 "Statement (1): A One Person Company cannot have more than 1 director.

Statement (2): A One Person Company can have more than 1 director if a special resolution is passed.

Statement (3): A One Person Company can have 1 or more directors, but the number of directors shall not exceed 15 unless a special resolution is passed.

Statement (4): A One Person Company can have any number of directors without passing a special resolution. " 

    

  1. Statement (1) is correct
  2. Statement (2) is correct
  3. Statement (3) is correct
  4. Statement (4) is correct

Answer: 3

 

Q:5 The minimum number of directors in a One Person Company, public company and private company are respectively _______.          

 

  1. 1, 2 and 3
  2. 1, 2 and 7
  3. 1, 3 and 2
  4. 2, 3 and 2

Answer: 3

 

Q:6 Bharat Steels Ltd. is a Government company which has defaulted in filing of its financial statements with the Registrar, but there is no default in filing of annual return. Bharat Steels Ltd. can appoint more than 15 directors _________.      

 

  1. By passing a special resolution
  2. With the approval of the Tribunal
  3. With the approval of the Central Government
  4. Without passing a special resolution and without obtaining the approval of the Central Government or Tribunal

Answer: 1

 

Q:7 Jai Ho Papers Ltd. is a Government company which has defaulted in filing of its financial statements with the Registrar, but there is no default in filing of annual return. Jai Ho Papers Ltd. can have directors without passing a special resolution.        

 

  1. 12
  2. 15
  3. 18
  4. Any number

Answer: 2

 

Q:8  "Helpage India is a company licenced under section 8. It has not made any default in filing of financial statements or annual returns with the Registrar. Consider the following statements:

Statement (1): Helpage India Ltd. can have any number of directors without passing a special resolution and without obtaining the approval of the Central Government.

Statement (2): Helpage India Ltd. can have more than 15 directors by passing a special resolution.

Statement (3): Helpage India Ltd. can have more than 15 directors by obtaining the approval of the Central Government.

Statement (4): Helpage India Ltd. can have more than 15 directors by passing a special resolution and obtaining the approval of the Central Government. "

 

  1. Statement (1) is correct
  2. Statement (2) is correct
  3. Statement (3) is correct
  4. Statement (4) is correct

Answer: 1

CA Final - Paper 4 - Corporate and Economic Laws - PART 1 - Corporate Laws - Section A - Company Law - Chapter 2   

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