SCHOOL OF DISTANCE EDUCATION, UNIVERSITY OF CALICUT

UNIVERSITY OF CALICUT
SCHOOL OF DISTANCE EDUCATION
B.COM/BBA SEMESTER IV
(2019 Admn. Onwards)
BCM4B06/BBA4C03 – CORPORATE REGULATIONS
QUESTION BANK
INCORPORATION OF COMPANIES

1. How many members should sign the MOA in case of public company ______.
a) 1 b) 3 c) 5 d) 7
2. How many members should sign the MOA in case of private company ________
a) 1 b) 2 c) 3 d) 4
3. In case of appointment of Directors ______ form is to be filed
a) 29 b) 32 c) 18 d) 1
4. ______ is the conclusive evidence in case of company that statutory requirements have
complied with
a) Certificate of Incorporation b) Certificate of commencement of Business
c) Both d) None of the above
5. Private company can start its business immediately after the issue of
a) Certificate of commencement of Business b) Certificate of Incorporation
c) Both d) None of the above
6. Public company should start business only after getting certificate of
a) Incorporation
b) Commencement of business
c) None of these
MEMORANDUM & ARTICLES OF ASSOCIATION

7. The doctrine of indoor management is an ______to the doctrine of constructive notice

a) Exception b) Extension
c) Alternative d) None of the above
8. The doctrine of _________ does not apply to acts void ab initio.
a) Ultra virus b) Intra virus
c) constructive notice d) Indoor management
9. A company can change its name at its own discretion by passing _________
a) Ordinary resolution b) Special resolution
c) Boards resolution d) None of the above

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10. Any change in the address of the registered office must be communicated to the registrar
within:
a) 15 days b) 30 days c) 1 Month d) 12 months
11. An act ultra virus the directors can be rectified if it is not ultra vires
a) the articles b) the memorandum
c) Company Act d) None of the above
12. The lending of funds ultra vires, the company has no rights
a) under the company’s Act b) contract Act
c) under equity d) None of the above
13. If a new company get registered with a name which resembles the name of existing
company then it should apply to whom?
a) NCLT b) SEBI
c) ROC d) None of the above
14. Companies are now allotted a _______ in addition to their name
a) PAN b) SIN c) PIN d) CIN
15. In how many days did the company have its registered office after incorporation
a) 10 b) 20 c) 30 d) 40
16. Under which sec. if company fails to commence its main object the court may order
winding up
a) 403 (f) b) 413 (f) c) 423 (f) d) 433 (f)
17. In case of forgeries acts done in the name of the company are
a) Valid b) Void c) Void ab initio d) None of the above
18. Signature of memorandum and articles should be done by ___________ number of
persons in case of public company
a) 7 b) 5 c) 4 d) None of these
19. Signature of memorandum and articles should be done by ___________number of
persons in case of private company
a) 3 b) 4 c) 2 d) None of these
20. MOA should be in form ____________ in case of company limited by shares
a) Table A b) Table B c) Table C d) Table D
21. MOA should be in form ____________ in case of company limited by guarantee not
having share capital
a) Table A b) Table B c) Table C d) Table D

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22. MOA should be in form ________ in case of company limited by guarantee and having
share capital
a) Table A b) Table B c) Table C d) Table D
23. MOA should be in form ____________ in case of a unlimited liability
a) Table A b) Table B c) Table E d) None of these
24. In the MOA there are 6 clauses. We can alter all clauses expect one clause. What is that
clause?
a) Objects clause b) Name clause
c) Association clause d) None of these
25. If anybody wants to file a case against the company they should file at what place
_________
a) Company b) Registered Office
c) BOD d) Books of accounts
26. Address of the registered office is situated in
a) MOA b) AOA c) Prospectus d) None of these
27. Which of the following need not have MOA
a) Public company b) Private company
c) Government company d) Statutory Corporation.
28. A company can change its name by passing
a) Ordinary resolution b) Special resolution
c) Either by special resolution or by ordinary resolution d) None of the above
29. Ultra vires means
a) Beyond the power b) Within the power
c) Both d) None of the above
30. Ultra vires loans granted by the company are
a) Void b) Voidable c) Valid d) None of the above
31. What is known as a charter of a Company?
a) Memorandum b) Articles c) Bye laws d) Prospectus
32. The granting of the certificate of incorporation renders the illegal objects include in the
memorandum:
a) Legal b) Void c) Voidable d) None of the above
33. Change in objects clauses can be effected
a) For any reason b) For special reason only
c) to comply with C.G order d) None of the above
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34. The capital clause of a company can be changed with the permission of _____________
a) Company law board b) Registrar
c) Court d) None of the above
35. The principle that so far as the companys internal working is concerned , strangers dealing
with the company are entitled to assume that everything has been regularly done has
been laid down in the ________.
a) doctrine of indoor management b) principle of constructive notice
c) principle of management by exception d) management by objectives
PROMOTERS

36. ______ conceives the idea of the business

a) Promoters b) Directors c) Auditors d) None of the above

37. _______stands in the fiduciary position of the company

a) Directors b) Promoters c) Auditors d) None of the above

38. ______ are the contracts entered into by promoters on behalf of a prospectus company.

a) Provisional contracts b) Pre Incorporation contracts

c) Preliminary contracts d) Both a) & b)
39. Contracts made after incorporation but before the grant of Certificate of commencement
of Business _____
a) Provisional contracts b) Pre incorporation contracts
c) Preliminary contracts d) Both (b) & (c)
40. Pre incorporation contract is also known as _________

a) Provisional b) Preliminary c) illegal d) legal

41. A public company can borrow money ___________

a) before incorporation b) Soon after incorporation
c) after issuing a proposal d) after obtaining certificate to commerce business.
42. A private company can borrow funds
a) after incorporation
b) after obtaining certificate to commerce business
c) after holding first annual general meeting None of the above
43. A promoter is a person who
a) is a director. b) is a relative of the company.
c) is a wellwisher of the company. d) takes part in the companys incorporation.

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PROSPECTUS
44. When there is a untrue statement in a prospectus who can sue
a) Subscribed in primary market b) Subscribed in secondary market
c) Rights issue d) None of the above
45. Definition of prospectus was given under which sec.
a) 2 (30) b) 2 (32) c) 2 (34) d) 2 (36)
46. Which of the following are not required to issue prospectus?
a) Private company b) In case of right issue
c) Sweat equity issue d) All the above
47. _______are the prospectus issued instead of full prospectus
a) Abridged b) Statement in lieu c) Shelf d) Red herring
48. Which one of the following has a right to claim compensation for any loss due to
misstatement in prospectus
a) Purchasing shares in Primary Market b) Secondary Market
c) Subscribers to memo. d) All the above
49. _______ years of imprisonment will be imposed in case of issue of prospectus with untrue
statements
a) 1 b) 2 c) 3 d) 4
50. What is the liability not delivering that can be imposed for statement in lieu of
prospectus_________
a) Fine – 10,000 b) Imprisonment – 2 years
c) Both (a) & (b) d) None of the above
51. _______ are the prospectus issued by the issuing house
a) Deemed prospectus b) Shelf prospectus issued by the issuing house
c) Red herring d) None of the above
52. _________ prospectus were issued in case securities were issued in stages
a) Deemed b) Shelf c) Red herring d) None of the above
53. ________are required to file prior to making second and subsequent issue of securities
in case shelf prospectus are filed:
a) Information memorandum b) Information articles
c) Form 13 d) None of the above
54. Information memorandum + shelf prospectus together constitutes ________
a) Memorandum b) Articles c) Prospectus d) None of the above

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55. Validity period of information memorandum is _______

a) 1 year b) 2 years c) 3 years d) 4 years
56. _________ prospectus were issued in order to test the market before finalizing issue size/
price.
a) Deemed b) Shelf c) Red herring d) None of the above
57. What is the punishment for directors, promoters and other persons for Misrepresentation
in prospectus
a) Fine 50,000 b) 2 years imprisonment
c) Both of the above d) None
58. When a private company is converted into public company. In which form it should be
a) Schedule III b) Schedule IV c) Schedule VI d) None of these
59. A statement in lieu of prospectus is required to be issued
a) by all companies which issue shares or debentures
b) by public companies when shares are issued among friends and relatives
c) by private companies as they do not issue shares to the public
d) by all companies

SHARE CAPITAL
60. A company must inform the registrar about redemption of preference shares with in
a) 21 days b) 15 days
c) 30 days d) None of the above
61. Share premium amount is treated as the __________ capital of a company
a) issued b) Reserve
c) Subscribe d) None of the above
62. A company can create ‘reserve capital’ by passing __________
a) an ordinary resolution b) a special resolution
c) a board resolution d) None of the above
63. The capital which is part of the uncalled capital of the company which can be called up
only in the event of its winding up it is called
a) Issued capital b) Nominal capital
c) Authorised Capital d) Reserve capital
64. XYZ Co. is a holding of XZ Pvt. Company. XZ Co. issued deferred shares. The issue is
valid or void
a) Valid b) Void c) Situation does not arise d) None of these
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65. What is the maximum period for redemption in case of preference shares issued by the
company?
a) 10 years b) 15 years c) 20 years d) None of these
66. Capital redemption reserve must be used for issue of
a) Fully paid bonus shares b) Fully paid equity shares
c) Preference shares d) None of the above.
67. Part of the issued capital taken by public is called ___________
a) Subscribed b) Called - up capital
c) Un called capital d) Paid up capital
68. Part of authorized capital which is offered by the company for subscription.
a) Subscribed b) Issued
c) Un called d) called up
69. Stamp duty on registration of the company is payable based on _________ capital.
a) Nominal b) Authorised
c) Both a & b d) None
70. Deferred shares are also known as ____________ shares
a) Founders b) Equity
c) Preference d) None
71. _________ Preference shares carry the right to cumulate the dividends
a) Converted b) Cumulative c) Nonconverted d) None
72. Paying back of capital is called
a) Redemption b) Conversion c) Participation d) None
73. Premium amount on the securities are transferred to ________account
a) Securities premium b) Reserve fund c) Capital Reserve d) None
74. ____are the shares issued by the company to it employees or directors for consideration
other than cash
a) Bonus b) Sweat c) Right d) None of the above
75. Cumulative preference share holders have voting right if dividends are in arrears for years
a) 1 b) 2 c) 3 d) 4
76. _______ form is to be find in case of variation rights of share holders
a) 23 b) 19 c) 18 d) 20
77. _________ is an aggregate of fully paid share that have been legally consolidated.
a) Share b) Stock c) Both a & b d) None of the above
78. _________have fixed denomination
a) Share b) Stock c) Both a & b d) None of the above

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79. ________resolution should be passed by the company to offer shares to outsiders

a) Special resolution b) Ordinary resolution
c) C.G d) None of the above
80. Company must pass ________ for reducing its share capital
a) O.R b) S.R c) C.G permission d) None of the above
81. Court order the company to add _________ after reducing its share capital
a) And reduced b) Ltd c) Both a or b d) None of the above
82. For reducing its share capital it should give notice to whom?
a) Debtors b) Creditors c) Both a & b d) None of the above
83. Reduction & diminution is done under which sec.
a) 100 & 94 b) 94 & 100 c) 100 & 96 d) 96 & 100
84. Which of the following can be used for buy back of shares
a) Free reserves b) Securities premium
c) Proceeds of fresh issue of shares d) All of the above
85. Buy back by board resolution can only be upto _________
a) 15 b) 10 c) 25 d) 20
86. Buy back should be less than or equal to _________% of total paid up capital
a) 25 b) 30 c) 35 d) 40
87. In case of buy back debt equity ratio should be ________
a) 1:2 b) 2:1 c) 3:1 d) 1:3
88. Every buy back shall be completed within _____ month from the date of passing the S.R.
a) 6 b) 8 c) 10 d) 12
89.__________companies are permitted to buy back its shares
a) Insolvent b) Solvent c) Both a & b d) None of the above
90. Buy back securities should be physically destroyed within ________days
a) 7 b) 17 c) 21 d) 28
91. After buy back company can’t issue the same kind of shares for ________months
a) 6 b) 12 c) 18 d) 24
92. Within 30 days of completion of buy back company shall file the details with whom
_________
a) Registrar b) SEBI c) Both a & b d) None of the above
93. If buy back is made from free resources then what should be created __________
a) Debenture Redemption Reserve b) Capital Redemption Reserve
c) Statutory liquid Ratio. d) None of the above

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94. The premium amount that can be charged as per companies Act.
a) 10% b) 15% c) 20% d) None of these

95. A company to issue sweat equity shares must pass a.

a) Special resolution b) Ordinary resolution
c) Unanimous resolution d) None of these
96. The notice offering right shares must allow the members ________to exercise their
option to accept, reject or renounce it
a) 10 days b) 14 days c) 15 days d) 20 days

SHARE CERTIFICATE & WARRANT

97. The company must deliver share certificate within ___________ if the shares allotted by
company.
a) 2 months b) 3 months c) 4 months d) none of these
98. The company must deliver share certificate within ___________ if the shares applied for
transfer.
a) 3 months b) 2 months c) 5 months d) none of these
99. Share warrants can be issued with the prior approval of the _____________
a) Company law board b) Dept of company affairs
c) Registrar d) None
100. Stamp duty to be paid at the time of issue of share certificate is.
a) Nominal b) High c) Very high d) None of these
101. Stamp duty to be paid at the time of issue of share warrant.
a) Nominal b) High c) Very high d) None of these
102. ______ specifies the time limit with in which share certificate is to be delivered
a) sec 110 b) sec 111 c) sec 112 d) sec 113
103. __________ is a document showing title
a) Share certificate b) Share warrant
c) Both (a) & (b) d) None of the above
104. A share certificate is required to be signed by ___________.
a) managing director b) shareholders
c) board of directors d) company secretary
105. Which of the following can issue the share warrant
a) Public b) Private c) Both (a) & (b) d) None of the above

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106. _________ are attached to the share warrant

a) Dividend coupon b) Warrant c) Certificates d) None of the above
107. C.G. approval is necessary in case of issue of __________
a) Share certificate b) Share warrant
c) Both (a) & (b) d) None of the above
108. In case of __________ duplicate can be obtained if it lost
a) Share warrant b) Share certificate
c) Dividend coupon d) None of the above
109. Duplicate certificate obtained if original certificate lost in case of.
a) Share Certificate b) Share warrant
c) Dividend warrant d) None of these

CALLS & FORFEITURE/SURRENDER OF SHARES

110. Company to accept calls in advance from shareholders they should have permission in
a) MOA b) AOA c) BOD d) None of these
111. Forfeiture can be made only if it is authorized by ________
a) AOA b) MOA c) ROC d) C.G
112. Name of the member is struck off from the register in case of ________
a) Issue of share certificate b) Share warrant
c) Forfeiture d) None of the above
113. _________Days be given for payment of call money from the date of service of notice
a) 14 b) 13 c) 12 d) 11
114. _________ arises in respect of debt due on shares as well as on other transactions.
a) Forfeiture b) Lien c) Both (a) & (b) d) None of the above
115. Return of partly paid shares by the shareholders to the company is _______
a) Surrender b) Forfeiture c) Lien d) None of the above
116. ________ is a short cut to forfeiture
a) Lien b) Surrender c) Right issue d) None of the above
117. No consideration shall be paid by the company in exchange of __________ shares
a) Lien b) Forfeited c) Surrender d) None of the above
118. Interest out of capital can be paid only if it is sanctioned by____
a) MOA b) AOA c) NCLT d) C.G

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TRANSFER & TRANSMISSION OF SHARES

119. Transfer deed should in Form No.
a) 6 B b) 5 B c) 7 B d) None of these
120. _________ is voluntary passage of the rights and duties of member from a share holder.
a) Transfer b) Transmission c) Both (a) & (b) d) None of the above

121. The person who transfer his rights and duties is called __________
a) Transferee b) Transferor c) Promisor d) Promisee
122. The person to whom the rights and duties are endorsed is called _________
a) Transferee b) Transferor c) Endorser d) Endorsee
123. _______ is an instrument of transfer signed by the transferor in which the name & date
are not filled.
a) Forged transfer b) Blank transfer
c) Both (a) & (b) d) None of the above
124. _______ transfer is null and void
a) Forged b) Blank c) Both (a) & (b) d) None of the above
125. If the ownership of shares goes to another by operation of law is called as _______
a) Transfer b) Transmission
c) Both (a) & (b) d) None of the above
126. Transfer is effected by _______
a) Sales b) Death c) Insolvency d) None of the above
127. Transmission is effected by ______
a) Sale b) Death c) Insolvency d) Both (b) & (c)
128. In which of the following stamp duty & consideration not necessary ________
a) Transfer b) Transmission
c) Both (a) & (b) d) None of the above
129. _______ gets all liabilities of original owner
a) Transferor b) Transferee
c) Endorser d) Endorsee
130. A share warrant is transferable by _________
a) By Execution of transfer deed b) By delivery
c) both a) and b) d) None of the above

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GENERAL MEETINGS

131. What is the time limit for conducting statutory meeting?

a) 1 to 5 months b) 1 to 6 months c) 1 to 9 months d) None of these
132. Notice of statutory meeting should be given with a period not less than
a) 21 clear days b) 14 clear days c) 7 clear days d) None of these
133. Notice of statutory meeting should be attested by at least.
a) 3 directors b) 2 directors c) 3 directors d) None of these

134. The time gap between two AGM’s shall not exceed.
a) 15 months b) 18 months c) 16 months d) None of these
135. First AGM must be held within __________ from the incorporation of the company
a) 15 months b) 18 months
c) 12 months d) None of these
136. Every AGM must be held with ___________ from the date of the Balance Sheet.
a) 4 months b) 6 months c) 9 months d) None of these
137. First AGM must be held within ____________ from the date of the balance sheet
a) 6months b) 9months c) 5months d) None of these
138. AGM should be held at
a) Company b) Registered office
c) Corporate office d) None of these
139. Failure to convene AGM u/s 166 penalty will be
a) 50,000+250 per every day b) 75,000+250 per every day
c) 1,00,000+250 per every day d) 25,000+250 per every day
140. In case of Public Company the quorum should be
a) 5 members b) 7 members c) 2 members d) None of these
141. In case of private company the quorum should be
a) 2 members b) 3 members c) 4 members d) None of these
142. Quorum should be present at the
a) Commencement of meeting b) Middle of the meeting
d) End of the meeting d) Any time during meeting.
143. _______ meeting given an opportunity to the member to know discuss on promotion &
formation of the company.
a) General b) EGM c) Statutory d) None of the above

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144. _________ report is send by the directors to its members.

a) Statutory b) Audit c) Annual d) None of the above
145. In the given below who are not required to hold Statutory General Meeting
a) Private company b) Government Company
c) Public company d) Both (a) & (b)
146. In case of Statutory General Meeting receipts & payments are prepared up to _______
days before the date of report
a) 3 b) 5 c) 7 d) 9
147. Who should certify that company allotted the shares and cash received in respect there
of ______
a) Auditor b) Director c) Share holder d) Members
148. In the given below who are required to hold A.G.M _______
a) Public company b) Private company
c) Government company d) All the three
149. The time period for conduction of AGM is extended by ROC for how many months
a) 1 b) 2 c) 3 d) 4
150. _________ opined that ROC could grant extension only when application for extension
is made before the expiry of period u/s 166 (1)
a) DCA b) NCLT c) Govt d) Both (b) & (c)
151. Which of the following company can held the AGM on public holiday__________
a) Public company b) Private company
c) Govt. company d) Association not for profits
152. _______ may grant exemption to any class of companies with regard to the time & place
of AGM.
a) C.G b) ROC c) NCLT d) D.C.A
153. In case of failure to convene the AGM fine is upto Rs._________
a) 25,000 b) 50,000 c) 75,000 d) 80,000
154. In case of continuing default to convene the AGM fine is Rs. _______ for every day.
a) 250 b) 300 c) 350 d) 400
155. The resolution passed at AGM are _______
a) Valid b) Void c) Voidable d) Void abinitio
156. Every business transacted at an EGM is a _________ business
a) Ordinary b) Special
c) Both (a) & (b) d) None of the above

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157. Majority rule is not applicable when

a) The act done is illegal b) The act done is ultra vires the company.
c) The act done constitutes a fraud d) all the above
158. A cost auditor makes his report to:
a) Members of company b) Directors of company
c) Registrar d) C. G.
159. A company not declare dividend at.
a) Statutory meeting b) Annual general meeting
c) Extra ordinary G.M d) None of the above
160. If as a person is present in more than 1 capacity his presence will be counted as _____
a) 1 b) 2 c) 3 d) 4
161. In the absence of a quorum the proceedings of the meeting will be _________
a) Valid b) Void c) Voidable d) None of the above
162. If quorum is not present with in _________ time the meeting is stand dissolved.
a) ½ Hr. b) 1 Hr. c) 1 ½ Hr d) 2 Hr.
163. _________ Order to call a EGM even though 1 member present in person or by proxy.
a) ROC b) C.G c) NCLT d) D.C.A
164. ________ can vote at the meeting even though not a member.
a) Body corporate b) President c) Governor d) All the above
165. Voting right can’t be exercised in case of _________
a) Calls in advance b) Calls in arrears
c) Both a & b d) None of the above
166. Proxy need not be a ____ of the company
a) Shareholders b) Members
c) Both a and b d) None of the above
167. ________ is the official recording of the proceedings of a meeting
a) Quorum b) Minutes
c) Both a & b d) None of the above
168. Minutes should be recorded within _________ days from the date of conclusion of every
meeting
a) 10 b) 20 c) 30 d) 40
169. Loose – leaf minutes to be bound into books at regular intervals of _________ months
a) 6 b) 7 c) 8 d) 9

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170. Within ______weeks requisition requiring circulation of a resolution may be deposited

with ROC.
a) 3 b) 6 c) 9 d) 12
171. Qualification shares for a director are provided in the ________
a) Company Act b) MOA
c) AOA d) Contract b/w Company & Directors
172. Directors are __________ of the company
a) Employees b) Employers
c) Both a & b d) None of the above

173. A special resolution is passed with

a) Simple majority b) 60% majority of members present
c) 75% d) None of the above
174. Which of the following meeting can be held more than once in a calendar year?
a) E.G.M b) S.G.M c) A.G.M d) None of the above
175. In which one or more of the following company a member does not have a right to
appoint proxy:
a) Public company having share capital
b) Public company not having share capital
c) Private company not having a share capital
d) None of the above
176. A proxy must bear revenue stamp worth.
a) 30 paise b) 15 paise c) 45 paise d) 50 paise
177. In which one of the following cases an ordinary resolution may be passed _________
a) Commencement of a new business b) alteration of articles
c) Compulsory winding up of the company d) none of the above
178. Notice of Adjourn meeting is not required of a meeting is
a) Adjourn for want of quorum b) Adjourn sine die
c) Adjourn for more than 30 days d) None
179. An official liquidator is appointed by the _____
a) Central government b) By court
c) State government d) Company

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180. In the event of company being wound up the Tribunal shall prepare list of contributories
into _____
a) List A b) List B c) List A and List B d) List A or List B
181. Official liquidators are appointed from the panel of _______
a) Professional firm of Chartered Accountant b) Advocate
c) Company Secretaries d) All of the above
182. As per Sec. 439 who can file a petition to the Tribunal for winding up? _____
a) The Registrar b) Company
c) Contributory d) Any one of these

16 | CORPORATE REGULATIONS – B.COM/BBA – SEMESTER IV

 SCHOOL OF DISTANCE EDUCATION, UNIVERSITY OF CALICUT

Answers
1 d 27 d 53 a 79 a 105 a 131 b 157 d
2 b 28 d 54 c 80 b 106 a 132 a 158 b
3 a 29 a 55 a 81 a 107 b 133 b 159 a
4 a 30 a 56 c 82 b 108 b 134 a 160 b
5 b 31 a 57 c 83 a 109 a 135 b 161 b
6 b 32 b 58 b 84 d 110 b 136 c 162 a
7 b 33 b 59 b 85 b 111 b 137 b 163 b
8 d 34 c 60 c 86 a 112 b 138 b 164 d
9 b 35 a 61 b 87 b 113 a 139 a 165 b
10 c 36 a 62 b 88 d 114 b 140 a 166 c
11 c 37 b 63 d 89 b 115 a 141 a 167 b
12 a 38 d 64 b 90 a 116 b 142 a 168 c
13 a 39 c 65 c 91 a 117 c 143 c 169 a
14 d 40 b 66 a 92 a 118 b 144 c 170 a
15 c 41 d 67 a 93 b 119 c 145 d 171 a
16 d 42 a 68 b 94 d 120 a 146 c 172 d
17 c 43 d 69 c 95 a 121 b 147 a 173 c
18 a 44 a 70 a 96 c 122 a 148 a 174 a
19 c 45 d 71 b 97 b 123 b 149 c 175 b
20 b 46 d 72 a 98 b 124 a 150 a 176 b
21 c 47 a 73 d 99 c 125 b 151 d 177 c
22 d 48 a 74 b 100 a 126 a 152 a 178 a
23 c 49 b 75 b 101 c 127 d 153 b 179 a
24 c 50 a 76 b 102 d 128 b 154 a 180 c
25 b 51 a 77 b 103 c 129 b 155 a 181 d
26 b 52 b 78 a 104 d 130 b 156 b 182 d
Prepared by:
Dr. Sudheesh S
Assistant Professor on Contract
SDE, University of Calicut
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17 | CORPORATE REGULATIONS – B.COM/BBA – SEMESTER IV