MCQs for CA Final Exam - CAFinal[dot]Org: Complete Learning Portal for CA Final Students

Quiz

Q1. Mr. Mukesh, a director of LMN Ltd. assigned his office to his son when he went on a vacation abroad for 1 week. Is the act of the director valid? What repercussions will he face?

Q2. Which notice shall be given to transact business to appoint a Director in place of a removed Director u/s 169:

Ordinary Notice

Special Notice

First a. then b.

First b. then a.

Q3. Form for intimation to be used by the Director to notify Registrar of resignation of Director:

DIR-1

DIR-2

DIR-11

DIR-12

Q4. Which notice shall be given to transact business to appoint a Director in place of a removed Director u/s 169:

Ordinary Notice

Special Notice

First a. then b.

First b. then a.

Q5. Period within which the Director may inform Registrar about his/her resignation:

7 days from date of notice of resignation

14 days from date of notice of resignation

30 days from date of notice of resignation

45 days from date of notice of resignation

Q6. Period within which the Company shall inform Registrar about Directors resignation:

7 days from date of notice of resignation

14 days from date of notice of resignation

30 days from date of notice of resignation

45 days from date of notice of resignation

Q7. Period within which the Company shall inform Registrar about Directors resignation:

7 days from date of notice of resignation

14 days from date of notice of resignation

30 days from date of notice of resignation

45 days from date of notice of resignation

Q8. Tenure of office of a Director appointed to fill vacancy of a removed Director shall be:

Upto next GM

Upto next AGM

Upto the end of predecessors tenure

As per Registrar order

Q9. Which of the following Directors shall not be removed by virtue of a GM-OR:

Directorappointed by Tribunal u/s 242

Directors appointed by Proportional Representation u/s 163

Independent Director reappointed for 2nd term u/s 149(10)

All of these

Q10. Vacancy created by removal of Director, if not filled by the Company may be filled by?

BM as Casual Vacancy

Registrar

Company at a compulsorily reconvened meeting

Q11. Documents to be submitted to Registrar by Director when intimating of his/her resignation:

Copy of Resignation

Reasons for resignation

Form prescribed

All of these

Q12. Mr. Mukesh, a director of LMN Ltd. assigned his office to his son when he went on a vacation abroad for 1 week. Is the act of the director valid? What repercussions will he face?

Q13. Period within which the Director may inform Registrar about his/her resignation:

7 days from date of notice of resignation

14 days from date of notice of resignation

30 days from date of notice of resignation

45 days from date of notice of resignation

Q14. Which notice shall be given to convene meeting to transact business of removal of Director u/s 169:

Ordinary Notice

Special Notice

First a. then b.

First b. then a.

Q15. Tenure of office of a Director appointed to fill vacancy of a removed Director shall be:

Upto next GM

Upto next AGM

Upto the end of predecessors tenure

As per Registrar order

Q16. Particulars of Directors & KMP and their shareholding shall be filled with Registrar in Form:

DIR-11

DIR-12

DIR-13

DIR-14

Q17. Which resolution shall be passed for removal of Independent Director reappointed for 2nd term u/s 149(10)

GM-OR

GM-SR

BM-OR

BM-SR

Q18. Can a removed Directors vacancy be filled at the same meeting wherein the removal took place?

"Yes, if Special Notice was given"

Yes, in ordinary course of business without any special notice

Yes, but Special Notice required only for removal not filling vacancy thereby made

"No, power rests with CG/Tribunal"

Q19. Form for intimation to be used by the Director to notify Registrar of resignation of Director:

DIR-1

DIR-2

DIR-11

DIR-12

Q20. Particulars of Directors & KMP and their shareholding shall be filled with Registrar:

30 days from appointment of Director & KMP

30 days of change made therein

Both

Both, but within 60 days not 30

Q21. Vacancy created by removal of Director, if not filled by the Company may be filled by?

BM as Casual Vacancy

Registrar

Company at a compulsorily reconvened meeting

Q22. Documents to be submitted to Registrar by Director when intimating of his/her resignation:

Copy of Resignation

Reasons for resignation

Form prescribed

All of these

Q23. Type of resolution required to remove Director (other than exceptional cases):

GM-OR

GM-SR

BM-OR

BM-SR

Q24. Particulars of Directors & KMP and their shareholding shall be filled with Registrar in Form:

DIR-11

DIR-12

DIR-13

DIR-14

Q25. Can a removed Directors vacancy be filled at the same meeting wherein the removal took place?

Yes, if Special Notice was given

Yes, in ordinary course of business without any special notice

Yes, but Special Notice required only for removal not filling vacancy thereby made

No, power rests with CG/Tribunal

Q26. Type of resolution required to remove Director (other than exceptional cases):

GM-OR

GM-SR

BM-OR

BM-SR

Q27. Which notice shall be given to convene meeting to transact business of removal of Director u/s 169:

Ordinary Notice

Special Notice

First a. then b.

First b. then a.

Q28. Which of the following Directors shall not be removed by virtue of a GM-OR:

Directorappointed by Tribunal u/s 242

Directors appointed by Proportional Representation u/s 163

Independent Director reappointed for 2nd term u/s 149(10)

All of these

Q29. Particulars of Directors & KMP and their shareholding shall be filled with Registrar:

30 days from appointment of Director & KMP

30 days of change made therein

Both

Both, but within 60 days not 30

Q30. Which resolution shall be passed for removal of Independent Director reappointed for 2nd term u/s 149(10)

GM-OR

GM-SR

BM-OR

BM-SR