Tag: meetings and other aspects of a company

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Questions Related to meetings and other aspects of a 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 general meetings are the meetings of the _________ of the company.

  1. shareholders

  2. promoters

  3. employees

  4. none of the above
Reveal answer Fill a bubble to check yourself
A Correct answer
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.

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

  1. 30

  2. 20

  3. 15

  4. 60
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

According to standard company law regulations, the first board meeting of directors must be held within 30 days of the company's incorporation.

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 time interval between two Board Meetings should not be more than ________ months.

  1. two

  2. three

  3. four

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

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 once in every financial year.

  1. Statutory meeting

  2. Annual General meeting

  3. Extra-Ordinary General meeting

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

An Annual General Meeting (AGM) is a mandatory meeting that must be held once in every financial year to discuss the company's performance and other routine matters.

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 business to be transacted at the meeting is called ____ .

  1. agenda

  2. minutes

  3. motion

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

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:

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

  1. 24

  2. 21

  3. 14

  4. 17
Reveal answer Fill a bubble to check yourself
B Correct answer
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.

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 or a term or a phrase which can substitute the following statement.
A report which is prepared before statutory meeting ______________.

  1. Annual report

  2. Statutory report

  3. Investment report

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

The statutory report is a document that must be prepared and sent to members before the statutory meeting of a public 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

Select the correct option:

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

  1. 60

  2. 90

  3. 30

  4. 15
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Under company law, a copy of any special resolution passed at a meeting must be filed with the Registrar of Companies within 30 days of the conclusion of that 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
_____________ is a meeting which is held once in the life time of company.

  1. Extra-Ordinary General meeting

  2. Annual General meeting

  3. Statutory meeting

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

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:

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

  1. Half

  2. one

  3. Two

  4. Three
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

If a quorum is not present within half an hour from the time appointed for the meeting, the meeting is typically adjourned to the same day in the next week at the same time and place.