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.
Agenda means:
The list of business to be transacted at the meeting.
The minimum number of members required to be personally present of a meeting.
Member for the purpose of attending a meeting.
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
In which Act the important role of a secretary was noted:
Income tax act 1961
Company Secretaries Act 1980
Companies Act 1956
Indian Act 1932
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
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
Indirect participation as it is in the hands of the elected representatives called:
Managers
Secretary
Department head
Directors
The statutory power passed at the Board meeting are:
To issue debentures
To make loans
To invest the funds of the company
In which meeting subsequent directors are elected by shareholder:
Monthly Meetings
Annual General Meeting
Monthly Board Meetings
Annual Board Meetings
