Quiz Question October 2024

1. Can a motion for the appointment of two or more persons as directors be moved in a single resolution at a general meeting?

  1. Yes
  2. No

2. Whether a person convicted for an offence and sentenced to imprisonment of 7 years or more  be appointed as a director of the company?

  1. Yes
  2. No

3. Do preference shareholders have the right to vote on all resolutions if the dividend on their class of shares has not been paid for two years or more?”

  1. Yes
  2. No

4. Is there is a requirement to constitute a Corporate Social Responsibility Committee if the amount to be spent by a company under section 135(5) of the Companies Act 2013 does not exceed Rs.50 lakh?

  1. Yes
  2. No

5. Can bonus shares be issued in lieu of a dividend?

  1. Yes
  2. No

(Ans. 1.2, 2.2, 3.1, 4.2, 5.1)

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