Question # 1

A Statutory meeting is called after getting the certificate of commencement:

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After 3 Months

After 6 Months

After 3 months and before 6 months

Within a year

The objective of a statutory meeting is:

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To raise funds

To settle preferences

To win the confidence of company's shareholders

To sell the shares

What is not necessary for a private company:

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Statutory meeting

Statutory report

Both (a) & (b)

None of these

After the formation of a company, the first meeting of shareholder is called:

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Statutory meeting

Annual general meeting

Extra ordinary meeting

None of these

For how much time the directors are selected in public ltd. company:

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2 years

3 years

7 years

10 years

The report send along with the notice of statutory meeting is called:

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Company report

Auditor'sreport

Statutoryreport

Profit and lossreport

What are the possibilities to wind up a company

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Voluntary winding up

Voluntary winding up under the supervision of court

Voilent winding up by the court

All of them

The notice of special resolution must be given to the members

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21 days before

37 days before

33 days before

14 days before

After the formation of a company, what is the first meeting of shareholders is called

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Statutory meeting

Annual general meeting

Extra ordinary meeting

None of these

What is the time duration in which a public company is bound to call a general meeting after getting certificate of incorporation:

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6 months

9 months

12 months

16 months

The minimum number of directors in a multimembers private ltd. company:

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Five

Seven

Two

Not fixed

An ordinary resolution is passed for:

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Winding up of company

Section of statutory company

Not announcing the dividend

All of them

The shareholders should be informed about the statutory meeting least:

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14 days before

21 days before

7 days before

None of these

The details of the allotted shares is mentioned in

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Statutory report

Annual meeting report

Special meeting report

All of them

To whom does the directors of a company submit the copy of profit and loss account:

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Company's registrar

Company's auditor

Company's creditor

None of these

Whose signature is important on statutory report of the company

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Shareholders

Promoters

Directors

Auditors

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Principle of Commerce Icom Part 1 English Medium Chapter 7 Online Test MCQs With Answers

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