Quiz on Company Law: Share Capital

What is the primary measure for liability in shares?

• Dividends

• Ownership percentage

• Financial amount

• Voting rights

What type of shares typically do not confer voting rights?

• Equity shares

• Redeemable shares

• Preference shares

• Ordinary shares

What is the consequence of an allotment of shares?

• Transfer of ownership

• Allocation of shares

• Issuance of dividends

• Increase in share capital

Which of the following is a right of ordinary shares under CA 2016?

• No voting rights

• Right to vote

• Cumulative dividend

• Fixed dividend

What must a company do within 14 days of allotting shares?

• Issue share certificates

• Change the company constitution

• Lodge with the Registrar of Companies

• Notify shareholders

What is the maximum fine for a Company Secretary failing to register allotments?

• RM 20,000

• RM 5,000

• RM 10,000

• RM 15,000

Which class of shares can be redeemable according to CA 2016?

• Equity shares

• Preference shares

• Ordinary shares

• Common shares

What is the role of share capital in a company?

• To distribute profits

• To provide voting rights

• To raise funds for growth

• To limit liability

What is required for a company to allot shares in exchange for assets?

• A solvency statement

• A contract with the Registrar

• A resolution from shareholders

• A new share issue

What does the term 'equity financing' refer to?

• Raising funds through loans

• Issuing bonds

• Selling shares to investors

• Borrowing from banks