1. Can an existing Statutory Auditor continue to be the Company’s Statutory Auditorwhen no Statutory Auditor is appointed or re-appointed at any Annual General Meeting?

1. Yes
2. No

2. Can a Statutory Auditor of the Company provide Investment Advisory Services to that Company?

1. Yes
2. No

3. Can the Company issue shares at a discount to its creditors when its debt is converted into shares in pursuance of any statutory resolution plan or debt restructuring scheme in accordance with any guidelines or directions or regulations specified by the Reserve Bank of India under the Reserve Bank of India Act, 1934 or the Banking (Regulation) Act, 1949?

1. Yes
2. No

4. Can a Company issue Bonus Shares in lieu of Dividend?

1. Yes
2. No

5. Can a buyback be done on all the shares or other specified securities that are not fully paid up?

1. Yes
2. No

(Ans. 1.1, 2.2, 3.1, 4.2, 5.2)