Quiz Question April 2024

1. Can Debentures be issued with an option to convert them into shares (wholly or partly), by a Special Resolution passed at a General Meeting?

  1. Yes
  2. No

2. Can a company pass a circular resolution for the approval of financial statements and the Board’s Report?

  1. Yes
  2. No

3. Whether the issue of Debentures carrying Voting Rights prohibited under the Companies Act, 2013?

  1. Yes
  2. No

4. Whether the Accounts revised or recasted under the Companies Act, 2013 be revised again?

  1. Yes
  2. No

5. Can a company issue a fresh offer of a private placement of securities when the earlier offer is still open?

  1. Yes
  2. No

(Ans:  1: a, 2: b, 3: a, 4: b, 5: b)

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