Quiz Question May 2024
1. Can a company pass a circular resolution for approval to invest the funds of the Company?
- Yes
- No
2. A private company which is a small company as on 31st March, 2023 is not required to dematerialise its shares under Rule 9B of Companies (Prospectus & Allotment of Securities) Rules, 2014?
- Yes
- No
3. Can a company issue a fresh offer of a private placement of a different type of security when the earlier offer is still open?
- Yes
- No
4. Can a company utilize Securities Premium Account for payment of dividend?
- Yes
- No
5. Whether the LLP need to file an Application for adjudication if the LLP files the Statement of Account & Solvency and/ or Annual Return as required under the LLP Act 2008 with the office of RoC before the RoC issues notice or within 30 days of the issue of Notice by RoC?
- Yes
- No
(Ans: 1: b, 2: a, 3: a, 4: b, 5: b)