Which one of the following is not a disqualification of directors?
Any person who has applied for being adjudged an insolvent.
A person who has not paid the call money and the calls in arrears are outstanding for more than 6 months.
An undischarged insolvent.
They must have contractual capacity.
In which meeting subsequent directors are elected by shareholder:
Monthly Meetings
Annual General Meeting
Monthly Board Meetings
Annual Board Meetings
The central government can also appoint directors on an order passed by:
The company law board
On the application of not less than 100 members of the company
Members holding 10% of the total voting power
All the above
In how many companies a person can work as office director.
Not more than 15
Not less than 15
Not more than 5
Not less than 5
Voting means expressing one's intention either for or against a proposed resolution called:
Poll
Motion
Allocation
Declaration
The statutory power passed at the Board meeting are:
To issue debentures
To make loans
To invest the funds of the company
The remuneration of a Managing Director is:
not exceed 5% of the Annual net profit
exceed 5% of the Annual net profit
not exceed 5% of the monthly profit
exceed 5% of the monthly profit
What is the position of a directors when they manage the affairs of the company?
Chief Executive Officers
Managing Director
Department Head
Manager
The first directors are usually named in the.
Articles
Memorandum
Management
Law
