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Quiz
Q1. Board of Karawan Ltd. seeks to appoint Mr. Karan as Alternate Director of Mr. Kiran, an Independent Director. What is the basic requirement?
Shall not be an Individual rejected by the Company
The individual so proposed shall also be eligible to be appointed as Independent Director.
Boardcanappoint only if AOA gives power.
All of above
Q2. Rahi Ltd. intends to appoint Mr. Tahir as a director. After a few days they start considering appointing Ms. Naina as a director. The Company appoints both of them by passing a singular GM-OR. Few members who did not vote in the favour of them questioned their appointment. Is their contention correct?
Contention of the members is not correct as GM-OR is validly passed.
Contention of the members is correct as two or more directors can be appointed by passing only a GM-SR.
Contention of the members is correct as two or more directors should be appointed by passing only a GM- UR.
Contention of the members is correct as two or more directors can be appointed by passing one GM-OR only after passing one GM-UR to that effect.
Q3. Mr. Lucky was appointed by proportional representation in HUL Ltd in March 2015. Up till what date can he hold the position?
Feb 2020
Feb 2025
Feb 2018
Until next AGM
Q4. Rahi Ltd., is a wholly owned Government Company, intends to appoint Mr. Tahir as a director. After a few days they start considering appointing Ms. Naina as a director. The Company appoints both of them by passing a singular GM-OR . Few members who did not vote in the favour of them questioned their appointment. Is their contention correct?
Contention of the members is not correct as GM-OR is validly passed.
Contention of the members is correct as two or more directors can be appointed by passing one GM-OR only after passing one GM-UR to that effect.
Contention of the members is correct as two or more directors should be appointed by passing only a GM- UR.
None of the above.
Q5. First Directors of a Company shall be appointed in the following manner: 1. based on manner provided in AOA 2. whose name is mentioned in the AOA 3. all subscribers to the MOA who are individuals shall be deemed to be directors Which of the following is a correct sequence to follow in appointment of First Directors?
2,1,3
3,1,2
1,2,3
3,2,1
Q6. Swapna Ltd. wants to adopt the method of Proportional Representation for appointment of its directors. Its seeks to know the minimum number of directors it shall appoint by this method. Advise.
2/3rd directors
1/3rd directors
Majoritydirectors
Minimum 2/3rd directors
Q7. Rahi Ltd. intends to appoint Mr. Tahir as a director. After a few days they start considering appointing Ms. Naina as a director. The Company appoints both of them by passing a singular GM-OR. The appointment of the directors or the acts conducted by them was not challenged by any member. Does it make the appointment valid?
The appointment is invalid and until the default is shown acts will be considered to be valid.
The appointment is void and until the default is shown acts will be considered to be valid.
The appointment is valid, as not challenged.
The appointment and acts are valid until known to the Company.
Q8. Mr. Peter, director of NOCIL Ltd. absents himself for a period more than 12 months with notice. Hence the Company decides on appointing an Alternate Director. However, CS of the Company is of the opinion that an Alternate Director cannot be appointed hence the position shall be filled in by a Casual Vacancy Director. Is the contention of the CS correct?
Yes, a Casual vacancy director needs to be appointed. Since its over 12 mnths
No, since the director has given notice of absence an Alternate Director can be appointed.
Based on the circumstances and the intention of Director to return to his position, the same can be decided on a case to case basis.
Any of the above
