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Member Remedies

Authored by Aida Razak

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University

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Member Remedies
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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Section 346 CA 2016 is a remedy available to the following except:

members

creditors

debenture holders

2.

FILL IN THE BLANK QUESTION

1 min • 1 pt

A ................. is a common law procedure where a member is allowed to take action if he is deprived of his rights as a member

3.

OPEN ENDED QUESTION

3 mins • Ungraded

Section 346 CA 2016 is quite similar to which provision of the CA 1965?

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4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Section 346 CA 2016 provides remedies against:

creditors

debenture holders

director or majority member

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many days of notice should be given to the directors of a member's intention to apply to court for leave to take proceedings on behalf of the company?

10 days

15 days

21 days

30 days

6.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

A derivative action and an oppressions remedy is similar.

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A common law derivative action is still applicable until today.

True

False

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