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CGBLE MCQS

Chapter: MEETING (sec 131 - sec 152)

Question No: 1

After the first General meeting, every company shall hold once in every
calendar year within a period of ___________ following the close of its
financial year.

a. sixty days
b. ninety days
c. one hundred and fifty days
d. one hundred and twenty days

Question No: 2

Under Section 132 of the Companies Act, 2017, a general meeting shall be
held, within ___________ months from the date of incorporation of the
company.

a. 12
b. 16
c. 18
d. 9

Question No: 3

Under Section 131 of the Companies Act, 2017, a statutory meeting shall be
held, within ________ months from the date of incorporation of the company.

a. 16
b. 6
c. 9
d. 4

Question No: 4

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Under Section 131 of the Companies Act, 2017, a Statutory Meeting shall be
held, within ________days from the date of commencement of the business.

a. 120
b. 90
c. 21
d. 180

Question No: 5

Under Section 131 of the Companies Act, 2017, The Notice of a statutory meeting
shall be sent to the members at least ________days before the date fixed for the
meeting

a. 10
b. 15
c. 21
d. 60

Question No: 6

Statutory and General meetings are called by

a. Chairperson
b. Directors
c. Shareholders
d. Managers

Question No: 7

A listed company must provide the facility of video- link to members residing in
other city enabling them to participate in its annual general meeting who hold at
least ten percent of the total paid up capital or such other percentage as may be
specified, may demand video link facility at least______ days prior to the date of
meeting.

a. 7
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b. 14
c. 21
d. 30

Question No: 8

Under Section 133 of the Companies Act, 2017, if directors do not call
Extraordinary General Meeting within 21 days of requisition; member shall call
within ________days of requisition

a. 90
b. 30
c. 21
d. 60

Question No: 9

If Directors do not call Extraordinary General Meeting within 21 days of requisition;


_______shall call within 90 days of requisition

a. General manager
b. Directors
c. Member
d. Chairperson

Question No: 10

It shall state Time, Place, Day and Business to be transacted in meeting

a. Quorum
b. Notice
c. Minutes
d. Agenda

Question No: 11
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It shall be discussed in statutory meeting

a. Meeting report
b. Minutes
c. Policy
d. Statutory report

Question No: 12

Which types of business should be mentioned in notice

a. Ordinary business
b. Special business
c. Both A & B
d. Neither A nor B

Question No: 13

In the case of an annual general meeting, all the businesses to be transacted


shall be deemed special.

a. The consideration of financial statements and the reports of the board and auditors
b. the declaration of any dividend
c. the election and appointment of directors in place of those retiring
d. None of the above

Question No: 14

Any reasonable expenses incurred by the requisitionists in calling a meeting shall


be reimbursed to the requisitionists by the________

a. Board of directors
b. Company
c. Registrar
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d. Court

Question No: 15

Under Section 135 of the Companies Act, 2017, The Quorum of a general meeting
in the case of a public listed company shall be_________________, Who
represent not less than 25% of the total voting power

a. Not less than ten members


b. Not less than two members
c. Not less than twenty members
d. Not less than fifty members

Question No: 16

Under Section 135 of the Companies Act, 2017, The Quorum of a general meeting
in the case of company other than public listed company shall be
_________________, Who represent not less than 25% of the total voting power

a. Not less than ten members


b. Not less than two members
c. Not less than twenty members
d. Not less than fifty members

Question No: 17

If within _________ from the time appointed for the meeting a quorum is not present
in the meeting, if called upon the requisition of members, shall be dissolved OR if
called by the company, shall be adjourned.

a. 15 minutes
b. 20 minutes
c. 30 minutes
d. 60 minutes

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Question No: 18

If at the adjourned meeting a quorum is not present within half an hour from the
time appointed for the meeting, the members present (personally or through video-
link being) ______________ shall be a quorum, unless the articles provide
otherwise.

a. Not less than two


b. Not less than ten members
c. Not less than twenty members
d. Not less than fifty members

Question No: 19

A member shall be entitled to appoint only________ proxy to attend any one meeting;

a. 0
b. 2
c. 1
d. 5

Question No: 20

A proxy must be a _________ unless the articles of the company permit


appointment of a non-member as proxy.

a. Employee
b. Manager
c. Member
d. All of the above

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Question No: 21

The proxies must be lodged (fill form) with the company not later than ________
before the time for holding a meeting and any provision to the contrary in the
company's articles shall be void.

a. 48 hours
b. 12 hours
c. 72 hours
d. 24 hours

Question No: 22

Ordinary resolution means a resolution passed by a simple majority (for example


more than ______ of the vote) of members of the company entitled to vote.

a. 50%
b. 75%
c. 25%
d. 20%

Question No: 23

Special resolution has been passed by a majority of not less than _______ (at
least ______ of the vote) of such members of the company entitled to vote as are
present in person or by proxy or vote through postal ballot at a general meeting

a. ¾, 75%
b. ¼, 25%
c. 1/3, 33%
d. 2/4, 50%

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Question No: 24

Records of resolutions and meetings shall be preserved for at least _______ in


physical form and permanently in electronic form

a. 15 years
b. 10 years
c. 20 years
d. 5 years

ANSWERS
1. D
2. B
3. C
4. D
5. C
6. B
7. A
8. A
9. C
10. B
11. D
12. C
13. D
14. B
15. A
16. B
17. C
18. A
19. C
20. C
21. A
22. A
23. A
24. C

NOTE: FOR MORE EDUCATIONAL CONTENT YOU CAN CONTACT ME:

NAME: SYED SHAHBAZ RAZA ZAIDI


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CONTACT NO: 03122580232

EMAIL ADDRESS: rshahbaz069@gmail.com

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