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Quiz
Q1. Mr. Hardik is Director of KP Limited, who has not filed the company annual return pertaining to the annual general meeting held in the calendar years 2016, 2017 and 2018. Is Mr. Hardik disqualified from acting as director?
Disqualified from continuing as Director in KP Ltd.
Disqualified from being appointed as Director in companies other than KP Ltd for 5 years.
Shall continue in defaulting company until default is made good and disqualified from being appointed as Director in companies other than KP Ltd for 5 years
None of the above.
Q2. On adoption of sec 163 on Proportional Representation, which of the following sections shall not apply?
Sec 160
Sec 152(6)
Sec 152(7)
All of the above
Q3. Within what period shall DIR-12 be filed in case of a Specified IFSC Company?
90 days
15 days
60 days
30 days
Q4. Mr. Unfortunate was appointed by proportional representation in HUL Ltd in March 2015. However, he met with an accident in Jan 2017 and there was a casual vacancy at his place. Who can fill the casual vacancy position?
BOD shall appoint subject to approval at next AGM.
BOD shall appoint subject to approval at next GM.
BOD shall appoint subject to approval at next AGM by GM-OR.
Shall be appointed by GM-OR.
Q5. Which form shall be filed for application of DIN?
Q6. Which of the following companies’ limit of maximum 15 directors and their increase in limit by special resolution is not applicable?
Government Company
Sec 8 Company
Both of the above
None of the above
Q7. Mr. Great has committed a crime involving moral turpitude and has been sentenced to imprisonment in March 2015 for 2 years and 6 months. In the month of July 2020, he seeks to be appointed as director in Prima Ltd. Can he be so appointed?
Yes, since 5 years has been lapsed from the date of conviction.
No, since the offence involves moral turpitude he becomes disqualified for a lifetime.
Yes, since imprisonment is for a period less than 3 years.
None of the above. 5 years not elapsed from date of expiry of sentence
Q8. Mr. Lucky holds shares of XYZ Ltd. However, he has not paid any calls in respect of any shares of the company held by him and five months have passed from the last day fixed for the payment of calls. Can he be so appointed as director?
Can be appointed as 12 months have not lapsed from the call date.
Can be appointed as 6 months have not lapsed from the call date.
Cannot be appointed as 3 months have lapsed from the call date.
None of the above
Q9. Mr. Genius has committed a crime involving moral turpitude and has been sentenced to imprisonment in March 2015 for 7 years and 6 months. In the month of July 2020, he seeks to be appointed as director in Prima Ltd. Can he be so appointed?
Yes, since 5 years has been lapsed from the date of conviction.
No, since the offence involves moral turpitude he becomes disqualified for a lifetime.
No, since he is sentenced to an imprisonment for a period exceeding 7 years he becomes disqualified for a lifetime.
No, since he is sentenced to an imprisonment for a period exceeding 7 years he becomes disqualified until the end of imprisonment.
Q10. As per sec 160 notice to be appointed as a Director shall be submitted to a Company with the deposit of
Rs. 10,000
Rs. 25,000
50,000
Rs. 1,00,000
