6/19/23, 11:21 AM MCQ on Company Meetings (Annual General Meetings) - Examsegg

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MCQ on Company Meetings (AGM)

Annual General Meeting Questions and Answers:

Ques. 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

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Ans. (d)

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Ques. The Bigbrand Company conducted an AGM. On that day due to fire accident in the hall
all shareholders died. Will the company will be in existence.
x
(a) Yes
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(b) No

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Ans. (a)

Ques. The time period for conduction of AGM is extended by ROC for how many months
(a) 1
(b) 2
(c) 3
(d) 4

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Ans. (c)

Ques. List of issues to be discussed at a meeting:

(a) Schedule
(b) Agenda
(c) Time-table
(d) Plan

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Ans. (b)

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Ques. Central Government can exempt company from holding AGM

(a) Yes
(b) No

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Ans. (b)

Ques. 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

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Ans. (a)

Ques. The time gap between two AGM’s shall not exceed.
(a) 15 months
(b) 18 months
(c) 16 months
(d) None of these

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Ans. (a)

Ques. Length of notice in the case of AGM is 21 clear days. Articles provided 25 clear days
for length of notice. Is the AGM valid
(a) Valid
(b) Invalid

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Ans. (a)

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Ques. AGM should be held by every company

(a) Yes
(b) No
x

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Ans. (a)

Ques. Length of notice in the case of AGM is 21 clear days. Articles provided that 15 clear
days for length of notice. Is the AGM valid
(a) Valid
(b) Invalid

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Ans. (b)

Ques. In case of continuing default to convene the AGM fine is Rs.___________ for every
day.
(a) 250
(b) 300
(c) 350
(d) 400

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Ans. (a)

Ques. Bacchan co, incorporated on 1 st Jan 2021. The AGM should be held on 1 st July 2022.
ROC extended that time to 1 st Sep.2022. Is the AGM valid.
(a) Valid
(b) Invalid
(c) Situation does not arise

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Ans. (b)

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Ques. 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

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Ans. (c)

Ques. The resolution passed at AGM are ___

x
(a) Valid
(b) Void
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(c) Voidable
(d) Void ab-initio

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Ans. (a)

Ques. 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

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Ans. (b)

Ques. ___ 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

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Ans. (a)

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Ques. Eminem Marshel Mathers Ltd is incorporated on Jan 1, 2022. It must hold its first AGM
before.
(a) Dec 31-2022
(b) Dec 31-2023
(c) June 30-2022
(d) June 30 – 2023

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Ans. (c)

Ques. AGM should be held at

(a) any company office
(b) Registered office
(c) Corporate office x
(d) None of these

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Ans. (b)

Ques. Any company can’t held AGM on a public holiday

(a) Yes
(b) No

 Hide Answer

Ans. (b)

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