MCQ for CA Final LAW - PART 1 - Corporate Laws - Section A - Company Law - Chapter 3 MEETINGS OF BOARD AND ITS POWERS

Sample Multiple Choice Questions (MCQ's) for CA Final - Paper 4 - Corporate and Economic Laws - PART 1 - Corporate Laws - Section A - Company Law - Chapter 3: MEETINGS OF BOARD AND ITS POWERS- For Practice relevant for May/Nov 23 Examinations

Q:1 During the calendar year 2018, a company licenced under section 8 held only 2 Board meetings; first Board meeting on 25th June, 2018 and second Board meeting on 25th July, 2018. The company has ___________. 

             

  1. Complied with the provisions of Sec. 173
  2. Complied with the provisions of Sec. 173, if it has been granted approval by the Central Government
  3. Complied with the provisions of Sec. 173, if it has been granted permission by the Tribunal
  4. Contravened the provisions of Sec. 173

Answer: 1

Q:2 Zara Si Pvt. Ltd. is a small company. It held only 2 Board meetings in the calendar year 2018. There shall be no contravention of section 173, if these Board meetings were held on __________.

  1. 10th January, 2018 and 10th June, 2018
  2. 10th January, 2018 and 10th December, 2018
  3. 10th June, 2018 and 10th August, 2018
  4. Both (b) and (c)

Answer: 2

 

Q:3 A company shall not hold more than ______ Board meetings in a calendar year.    

  1. 4
  2. 6
  3. 10
  4. None of these

Answer: 4

 

Q:4 No Board meeting is required to be held by ________.       

 

  1. Small companies, dormant companies and companies licenced under section 8
  2. All One Person Companies
  3. A One Person Company in which there is only 1 director
  4. All of these

Answer: 2

Q:5 The Central Government is empowered to grant exemption from the provisions relating to holding of Board meetings. Such exemption may be granted to ___________.  

 

  1. Any class of companies
  2. Any company
  3. Small companies
  4. Dormant companies

Answer: 1

Q:6 Infant Ltd. is incorporated on 20th January, 2018. It is required to hold its first Board meeting on or before _________.      

 

  1. 27th January, 2018
  2. 18th February, 2018
  3. 19th February, 2018
  4. 20th February, 2018

Answer: 3

Q:7 On 10th October, 2018, Vishwas Ltd. conducted its Board meeting through video conferencing. The draft minutes of this meeting shall be circulated among all the directors within __________ of the meeting either in writing or in electronic mode as may be decided by the Board.     

     

  1. 7 days
  2. 15 days
  3. 30 days
  4. 60 days

Answer: 2

 

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

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