Does an adjourned general meeting stand cancelled if a quorum is not present within half an hour from the time appointed for holding the adjourned meeting?

1. Yes
2. No

Should a director be required to vacate his office if he remains absent from all the Board Meetings held during a period of twelve months with or without seeking leave of absence from the Board?

1. Yes
2. No

Should a subsidiary company that meets the criteria of a small company file Form MGT 7 (Annual Return)?

1. Yes
2. No

Can a Company issue bonus shares by capitalizing reserves created due to revaluation of assets?

1. Yes
2. No

Can a one-person company have a subsidiary company?

1. Yes
2. No

(Ans:  1- b, 2- a, 3-a, 4-b, 5-b)