Tag: joint stock company

Questions Related to joint stock company

The general meetings are the meetings of the _________ of the company.
business organisation and correspondence joint stock company 6 - meetings, proposal and winding up of a company meetings and other aspects of a company joint stock companies joint stock company

  1. shareholders

  2. promoters

  3. employees

  4. none of the above

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Correct Option: A
Explanation:

The general meeting is the meeting of the shareholders of the company. It gives information to the shareholders about the company's performance and strategy.

The first meeting of the directors is held within _________ days from obtaining the certificate of incorporation.

business organisation and correspondence joint stock company 6 - meetings, proposal and winding up of a company meetings and other aspects of a company joint stock companies joint stock company

  1. 30

  2. 20

  3. 15

  4. 60

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Correct Option: A
The time interval between two Board Meetings should not be more than ________ months.
business organisation and correspondence joint stock company 6 - meetings, proposal and winding up of a company meetings and other aspects of a company joint stock companies joint stock company

  1. two

  2. three

  3. four

  4. five

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Correct Option: B
Explanation:

A Board Meeting is a meeting to discuss the problems and policies of the company. The chairman is the head of the company and the decisions made in this meeting should be followed by all the members of the board. The time interval between two Board Meetings should not be more than three months.

Select the correct option given below:

__________ is a meeting which is held once in every financial year.

business organisation and correspondence joint stock company 6 - meetings, proposal and winding up of a company meetings and other aspects of a company joint stock companies joint stock company

  1. Statutory meeting

  2. Annual General meeting

  3. Extra-Ordinary General meeting

  4. None of these

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Correct Option: B
The business to be transacted at the meeting is called ____ .
business organisation and correspondence joint stock company 6 - meetings, proposal and winding up of a company meetings and other aspects of a company joint stock companies joint stock company

  1. agenda

  2. minutes

  3. motion

  4. none of these

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Correct Option: A
Explanation:

Agenda is a list of meeting activities in order in which they are to be taken up, beginning with the call of order and ending with adjournment. It usually includes one or more specific item of business to be acted upon. Hence the business to be transacted at the meeting is called Agenda.

Select the correct option:

The notice of general meeting must be sent to all members______ days before the meeting.

business organisation and correspondence joint stock company 6 - meetings, proposal and winding up of a company meetings and other aspects of a company joint stock companies joint stock company

  1. 24

  2. 21

  3. 14

  4. 17

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Correct Option: B
Explanation:

The notice of general meeting must be send to all member, auditors, debenture trustees 21 days before the meeting along with the annual report of the company. Shorter notice may be provided with the consent of all the members to vote at the meeting.

Write a word or a term or a phrase which can substitute the following statement.
A report which is prepared before statutory meeting ______________.
business organisation and correspondence joint stock company 6 - meetings, proposal and winding up of a company meetings and other aspects of a company joint stock companies joint stock company

  1. Annual report

  2. Statutory report

  3. Investment report

  4. None of these

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Correct Option: B

Select the correct option:

A copy of special resolution must be filed with the Registrar within _____ days of conclusion of meeting.

business organisation and correspondence joint stock company 6 - meetings, proposal and winding up of a company meetings and other aspects of a company joint stock companies joint stock company

  1. 60

  2. 90

  3. 30

  4. 15

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Correct Option: C
_____________ is a meeting which is held once in the life time of company.
business organisation and correspondence joint stock company 6 - meetings, proposal and winding up of a company meetings and other aspects of a company joint stock companies joint stock company

  1. Extra-Ordinary General meeting

  2. Annual General meeting

  3. Statutory meeting

  4. None of these

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Correct Option: C
Explanation:

A statutory meeting is the first meeting of the shareholders of a public limited company which is held only once in the life-time of the company. The meeting is held to provide an opportunity to the members for discussing all matters relating to the formation of the company

Select the correct option:

The quorum must remain present within ______ (an) hour of the scheduled time of the meeting. 

business organisation and correspondence joint stock company 6 - meetings, proposal and winding up of a company meetings and other aspects of a company joint stock companies joint stock company

  1. Half

  2. one

  3. Two

  4. Three

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Correct Option: A