Tag: joint stock company

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Questions Related to joint stock company

Multiple choice 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
The person who presides over the meeting is known as _______.

  1. Secretary

  2. Chairman

  3. Director

  4. None of these
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The person who presides over and conducts a meeting is referred to as the Chairman. They are responsible for maintaining order and ensuring the agenda is followed.

Multiple choice 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
A proxy form must be deposited in the company office at least ______ hours before the meeting. 

  1. 24

  2. 48

  3. 72

  4. 56
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

A proxy is someone who attends and votes in place of the member of a company. Every member of a company has a statutory right to appoint a proxy for which a proxy form must be deposited in the company office at lest 48 hours before the meeting.

Multiple choice 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

Select the correct option given below:

_________ is a meeting which is held between two annual general meetings.

  1. Extra-ordinary general meeting

  2. Statutory meeting

  3. Annual general meeting

  4. None of these
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

An Extraordinary General Meeting (EGM) is any general meeting of shareholders that is held between two consecutive Annual General Meetings.

Multiple choice 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
A meeting of all the directors of a company is __________.

  1. General Meeting

  2. Directors Meeting

  3. Annual Meeting

  4. None of these
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Directors' meeting also known as board meeting is the formal meeting of the board of directors of an organisation held usually at definite intervals to consider policy issues and major problems.

Multiple choice 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
________ is a written invitation given to the director to attend the meeting.

  1. Notice

  2. Request Letter

  3. Invitation

  4. None of these
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

A notice is a written invitation given to the directors to attend the meeting. It is given to provide information regarding the date, day, time of the meeting.

Multiple choice 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
The Registrar of Companies may grant an extension of time up to a maximum period of ______ for holding Annual General Meeting.

  1. 1 month

  2. 3 month

  3. 4 month

  4. 6 month
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The Registrar of Companies has the authority to grant an extension for holding an Annual General Meeting for a maximum period of 3 months, though in some specific jurisdictions or contexts, 6 months is cited as the maximum allowed extension.

Multiple choice 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

Write a word, term or a phrase which can substitute the following statement:

A return to be submitted to the Registrar after Annual General Meeting.

  1. Ordinary report

  2. Annual report

  3. Statuary report

  4. All of the above
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

After the Annual General Meeting, companies are required to submit an Annual Return to the Registrar of Companies, which provides details about the company's status, directors, and shareholders.

Multiple choice 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

Select the correct option:

________ resolution cannot be passed in general meeting.

  1. Ordinary

  2. Special

  3. Resolution by circulation

  4. None of these
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

A resolution by circulation is a method for the Board of Directors to pass a resolution without holding a physical meeting. It cannot be used for matters that require a general meeting of shareholders.

Multiple choice 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
The Annual Return should be filed with ___________.

  1. the Registrar of Companies

  2. the Directors of Companies

  3. the secretary of Companies

  4. None of these
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The Annual Return should be filled with the Registrar of Companies. Registrar of Companies (ROC) appointed under the Companies Act covering the various states and union territories the primary duty of registering companies and LLPs comply with the statutory requirements under Act.