MCQ TEST-1

Change of Objects clause of MOA requires ?

Ordinary Resolution

Special Resolution

Unanimous Resolution

Tribunal Approval

ABC Pvt Ltd with a paid up capital of 48 lacs and Annual Turnover of Rs.180 lacs is a wholly owned subsidiary of XYZ Ltd,a listed company.Can ABC Pvt Ltd be a small Company.

Yes.As the paid up capital and Turnover is not exceeding the limit as specified for a Small Company

No.Because ABC Pvt Ltd is a wholly owned subsidiary company

Maximum paidup share capital in case of Private Company

Rs. 50Lakhs

Rs.1 Crore

Unlimited

Noneof the above

Maximum paidup share capital in case of Public Company

a.Rs. 50Lakhs

Unlimited

Rs.1Crore

Noneof the above

A person can be a member,director, employee and creditor of the company same time?

Yes

Partly Yes

Partly No

Which types of resolutions passed in General Meeting?

Ordinary

Special

Unanimous

All of the above

Can a Private Limited Company issue prospectus?

Yes

PartlyYes

PartlyNo

A company can issue Equity shares with differential voting rights only when-

AOA authorises the issue and Special resolution has passed at General meeting

AOA authorises the issue and Ordinary resolution has passed at General meeting

Only with AOA authorisation and Inclusion of matter in MoA

Special resolution at the General meeting is enough

Return of deposits to be filed with Registrar of Companies in Form No………….

Form DPT1

Form DPT2

Form DPT 3

Form DPT4

Every company accepting deposits shall on or before…………….of every year, file with the Registrar, a return in Form DPT-3

31st May

30th June

31st July

31st August

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