1. Whether the directors have the authority to fix the remuneration of the Secretarial Auditor or Internal Auditor?

1. Yes
2. No

2. Whether an offer for buy-back of shares remain open for less than 15 days if consent of all the members of the Company is obtained?

1. Yes
2. No

3. Whether a Private Company due to an Exemption Notification dated June 05, 2015, required to file MGT-14 for the appointment of the Secretarial or Internal Auditor u/s 117 of the Companies Act, 2013?

1. Yes
2. No

4. Whether a Small Shareholder Director appointed u/s 151 of the Companies Act, 2013 liable to retire by rotation?

1. Yes
2. No
3.  

5. Whether a Company can appoint Joint Statutory Auditors?

1. Yes
2. No
3.  

(Ans:  1: a, 2: a, 3: b,4: b,5: a)