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Worksheetscompany law - meetings
Total questions: 35
Worksheet time: 20mins
What is an 'ordinary resolution?'
A resolution that is passed by 50 per cent or more of the members.
A resolution that is passed by a majority of not less than 75 percent.
A resolution that is passed if 100 per cent of the members agree.
A resolution that is passed by a simple majority.
What is the notice period for the annual general meeting of a public company?
More Twenty-one clear days.
Within Twenty-one clear days
More Fourteen clear days.
Within Fourteen clear days, unless the articles provide for a longer period.
What is a 'quorum?'
The minimum number of 'qualifying persons' required in order to validly conduct business.
A meeting that lacks a chairman.
The maximum number of persons who may attend a meeting.
A meeting that is invalid because sufficient notice has not been provided.
Are all companies required to hold an annual general meeting (AGM)?
Both public and private companies are required to hold an AGM.
Both public and private companies are required to hold an AGM, but private companies can opt out of this requirement.
Only public companies are required to hold an AGM, but they can opt out of this requirement
Only public companies are required to hold an AGM.
What is a 'proxy?'
A person appointed, on behalf of a member, to attend, speak and/or vote at a general meeting on the member's behalf
A member who appoints another person to attend, speak and vote at a general meeting on his behalf.
A member who has agreed not to use the votes attached to his shares.
A director of a company who owns shares in that company.
Which the following statement describe Section 340(3)
Subsequent AGMs must be held every calendar year but not later than 6 months from the end of the company’s financial year.
If a company is not able to hold its AGM within the prescribed time, company may apply an extension from ROC .
¢a company must hold its AGM within 6 months of the company’s financial year end.
first AGM must be held within 18 months after its incorporation.
"The agenda usually constitute special businesses which are urgent and cannot be delayed until the next AGM."
Based on statement above, which meeting it's prefer?
Annual General Meeting
Extraordinary general meeting
Class Meeting
Board of Director Meeting
The numbers day of notice should be given to shareholders in order to convene the EGM if no passing of a special resolution is
14 days
21 days
28 days
30 days
If the shareholders want to remove director (Section 206(3), the company Secretary should prepared the notice ___________ days before AGM.(Section 322 (1))
14 days
21 days
28 days
30 days
Mr Munap can't attend the AGM which is convene at Sabah. However, he's using video conferencing to communicate with the shareholders during AGM. Which section is allowed these kind of method to be used during AGM?
327(4)
327(3)
327(2)
327(1)
According to section 294(1), every members have a right to vote via________________________. However if section 294(2), the member have more than one proxy, the vote shall be_________________.
ballot vote ......... show of hands
show of hands ........ poll
poll ....... secret vote
secret vote ...... voice vote
A …………………………at a shareholders’ meeting need not be a member of the Company.
(a)
It was decided by a …………………………vote that the school should close.
(a)
It's a shame that it's always ………………………… by parents and politicians that video games are no more than idle entertainment.
(a)
The chairman has the power to …………………………the meeting at any time.
(a)
Articles of Association deals with
shareholders
Outsiders
Directors
Employees
In which year present Companies Act comes into force?
1956
2013
2018
2020
Minimum number of members required to form a public company are
2
5
7
3
The common seal of the company
Is mandatory for all the companies
It is mandatoryFor Public Co. only
It is mandatory for Pvt. Co. Only
It is optional W.E.F 29/05/15
The process of forming a company including where it becomes a legal entity is known as ______.
Incorporation
A franchise
Liquidity
Goodwill
The maximum number of shareholders for public company
200
300
400
Unlimited
Following are the clauses of the MOA
Name Clause
Object clause
Register office clause
All of the above
The Registrar may reserve the name for ---days from the date of application
50
60
70
80
The power of attorney is given in
Judicial stamp paper
Non-judicial stamp paper
Colour paper
Plain paper
---------- is the constitution of the company
Memorandum
Articles
Prospectus
Agenda
Memorandum of Association deals with
Insiders
Outsiders
Directors
Employees
Domicile clause deals with
Name
Situation
Objects
Capital
Table A in schedule I of the Act explains about AOA
True
False
The capital of the company and its divisions
Object clause
Name clause
State clause
Capital clause
Articles of Association is subordinate to --------
Company Law
Central Government
Memorandum
Prospectus
Insect
Wild animals
Vegetables
Unhealthy food
Who am I?
