Company Law Quiz

The minimum number of directors required in a public company is:

• 1

• 2

• 3

• 4

A private company must have at least how many directors?

• 1

• 2

• 3

• 5

The maximum number of directors allowed in a company (without special resolution) is:

• 10

• 12

• 15

• 20

Who appoints the first directors of a company?

• Shareholders

• Promoters

• Government

• Board of Directors

The tenure of an independent director is:

• 3 years

• 5 years

• 7 years

• 10 years

Who appoints the Company Secretary?

• Shareholders

• Promoters

• Board of Directors

• Government

What is the minimum number of board meetings required in a year?

• 1

• 2

• 3

• 4

The minimum quorum for a Board Meeting (if there are 6 directors) is:

• 1

• 2

• 3

• 4

Which type of meeting must a company hold every year?

• Extraordinary General Meeting

• Board Meeting

• Annual General Meeting

• Class Meeting

Within how many months of incorporation must a company hold its first AGM?

• 6 months

• 9 months

• 12 months

• 18 months