The Quorum for the Annual General Meeting of a public company depends upon the number of shareholders.

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Justify the following statement: The Quorum for the Annual General Meeting of a public company depends upon the number of shareholders.

Related questions

Description : Justify the following statement: Annual General Meeting is adjourned in absence of a quorum.

Last Answer : Justify the following statement: Annual General Meeting is adjourned in absence of a quorum.

Description : i. A meeting of shareholders which is held once a year. ii. A meeting of shareholders is held between two annual general meetings.

Last Answer : Write a word or a term or a phrase that can substitute each of the following statement: i ... A meeting of the preference shareholders of a company.

Description : A meeting of the shareholders held only once during the life time of the company is known as– (A) Meeting of the Directors (B) Meeting of the Creditors (C) Extraordinary General Meeting (D) Statutory Meeting

Last Answer : Answer: Statutory Meeting

Description : A vacancy caused by the resignation of the auditor is filled only by the– (A) Board of Directors of the Company (B) Central Government (C) General Meeting of the shareholders (D) Managing Director of the company

Last Answer : Answer: General Meeting of the shareholders

Description : Quorum is required throughout the meeting.

Last Answer : Justify the following statement. Quorum is required throughout the meeting.

Description : Quorum should be present at the A. Commencement of meeting B. Middle of the meeting C. End of the meeting D. Any time during meeting.

Last Answer : D. Any time during meeting.

Description : What is the quorum of general meetings in the case of private limited company and public limited company ? (A) 2 members and 5 members respectively (B) 3 members and 5 members respectively (C) 5 members in each type of company (D) 5 members and 7 members respectively

Last Answer : Answer: 2 members and 5 members respectively

Description : Distinguish between the following: Shareholders’ Meeting and Board Meeting.

Last Answer : Distinguish between the following: Shareholders’ Meeting and Board Meeting.

Description : Demand for a Shareholders Meeting?

Last Answer : Demand for a Shareholders Meeting(Download)____________________________________________________________The undersigned, being the holders of ____________________ % of ____________________ stock of ____________________, herewith demand ... this document in question and assist you in its preparation.

Description : Justify the following statement: As per the Companies Act, every company has to hold the Annual General Meeting.

Last Answer : Justify the following statement: As per the Companies Act, every company has to hold the Annual General Meeting.

Description : i. Can the company call for the next Annual General Meeting to be held immediately to remove the Director?

Last Answer : Study the following case situation and express your opinion: XYZ Ltd held its Annual General ... this meeting for the removal of the Director?

Description : i. Within what period should the company hold its 1st Annual General Meeting? ii. At which place should the Annual General Meeting be held?

Last Answer : Study the following case situation and express your opinion: Platinum Limited Company was incorporated on ... notice and agenda be sent to members?

Description : An annual general meeting may be called after giving shorter notice instead of 21 clear days, if consent is accorded by– (A) All the directors of company (B) All the members entitled to vote there at (C) Majority of members entitled to vote there all (D) None of the above

Last Answer : Answer: All the members entitled to vote there at

Description : The first auditor of a company appointed, holds office– (A) For a period of one year (B) For that period till new auditor is appointed (C) Till the conclusion of first Annual General Meeting (D) Till the holding of statutory meeting of the company

Last Answer : Answer: Till the conclusion of first Annual General Meeting

Description : _____ is the annual profit distributed among the shareholders.

Last Answer : _____ is the annual profit distributed among the shareholders.

Description : The liability of the shareholders of a public limited company is limited to the extent of– (A) Par value of the share (B) Paid up value of the shares (C) Market price of the shares (D) Intrinsic value of the shares

Last Answer : Answer: Paid up value of the shares

Description : Which of the statements given below is not true about formation of annual rings in trees? (a) Annual rings are not prominent in trees of temperate region. (b) Annual ring is a combination ... of tissue-early and late wood respectively. (d) Activity of cambium depends upon variation in climate.

Last Answer : a) Annual rings are not prominent in trees of temperate region

Description : What is the quorum of General Meetings in the case of a Private Company ? (A) 2 members (B) 3 members (C) 4 members (D) 5 members

Last Answer : Answer: 2 members

Description : (i) 30 clear days’ notice should be given in case of the Annual General meeting.

Last Answer : State whether the following statements are True or False. (i) 30 clear days' notice should be ... down the notes of the proceedings of the meeting.

Description : Explain the functions of a secretary related to the Annual General Meeting.

Last Answer : Explain the functions of a secretary related to the Annual General Meeting.

Description : State the objectives of the Annual General Meeting.

Last Answer : State the objectives of the Annual General Meeting.

Description : List the duties of a Secretary after the Annual General Meeting.

Last Answer : List the duties of a Secretary after the Annual General Meeting.

Description : Distinguish between the following: Annual General Meeting and Extra-ordinary General Meeting

Last Answer : Distinguish between the following: Annual General Meeting and Extra-ordinary General Meeting

Description : When should the first Annual General Meeting be held?

Last Answer : When should the first Annual General Meeting be held?

Description : When can an Adjourned Annual General meeting be held?

Last Answer : When can an Adjourned Annual General meeting be held?

Description : i. Only special business is transacted at Annual General Meeting. ii. Annual Report is prepared by members.

Last Answer : State whether the following statements are True or False: i. Only special business is transacted at ... the notes of the proceedings of the meeting.

Description : Minutes of the annual general meeting must be prepared and signed by the chairman within– (A) 14 days of the meeting (B) 21 days of the meeting (C) 30 days of the meeting (D) 45 days of the meeting

Last Answer : Answer: 30 days of the meeting

Description : Articles of Association can be altered by passing– (A) An ordinary resolution in Annual General Meeting (B) A special resolution in Annual General Meeting (C) A resolution with special notice (D) Without any resolution

Last Answer : Answer: A special resolution in Annual General Meeting

Description : First Annual General Meeting of Asian Infrastructure Investment Bank held at A) Dhaka B) Jakarta C) Shanghai D) Beijing E) None of these

Last Answer : D) Beijing Explanation: Finance Minister Arun Jaitley Participated in the First Annual General Meeting of Asian Infrastructure Investment Bank at Beijing to discuss about the investment in Infrastructure and accorded the approval to establish the Regional Office of AIIB in New Delhi.

Description : The quality of democracy depends upon the degree of public participation. -SST 10th

Last Answer : 1. Democracy is a government of the people, by the people and for the people. The people' i.e. the public is, therefore, the most important player in the democratic sphere. ... about the activities of the government authorities and participate in the decision-making process at different levels.

Description : (i) The liability of shareholders of the company is unlimited.

Last Answer : Correct the underlined word and rewrite the following sentences : (i) The liability of ... dormant company is opposite to a Holding company.

Description : i. Secretary is an elected representative of the shareholders. ii. Secretary is responsible for the decisionmaking and framing policies of a company.

Last Answer : Correct the underlined word and rewrite the following sentence: i. Secretary is an elected ... the decisionmaking and framing policies of a company.

Description : i. Elected body of representatives of shareholders. ii. An employee of a company who provides guidance and advice to the Board

Last Answer : Write a word or a term or a phrase that can substitute each of the following statement: i. ... was given to the Director to attend the meeting.

Description : The first Secretary of the company is appointed by– (A) Shareholders (B) Promoters (C) Government (D) Directors

Last Answer : Answer: Promoters

Description : The first directors of a company are appointed by– (A) Promoters (B) Government (C) Shareholders (D) Company Law Board

Last Answer : Answer: Promoters

Description : Which one of following represents the Savings of the Private Corporate Sector? (1) Dividends paid to shareholders (2) Total profits of a company (3) Undistributed profits (4) Excess of income over expenditure

Last Answer : (3) Undistributed profits Explanation: For private corporate sector, retained profits adjusted for non operating surplus/deficit is considered as its Net Saving. Retained profits are those ... commitments to depreciation provision for various fixed assets, debts, government and to shareholders.

Description : Debenture holders of a company are its - (1) Shareholders (2) Creditors (3) Debtors (4) Directors

Last Answer : (2) Creditors Explanation: Companies issue debentures instead of shares to extend their business. These debentures are issue to borrow loan from general public; interest is paid on the borrowed money ... holders. So a debenture holder is essentially a creditor who simply gives loan to the company.

Description : In which of the following conversion the investors enjoy the same status as ordinary shareholders of the company? A. Secured Debentures B. Partly Convertible Debentures (PCD) C. Fully convertible Debentures (FCD) D. Optionally Convertible Debentures (OCD) E. Unsecured Debentures

Last Answer : C. Fully convertible Debentures (FCD) Explanation: These are fully convertible into Equity shares at the issuer‘s notice. The ratio of conversion is decided by the issuer. Upon conversion the investors enjoy the same status as ordinary shareholders of the company.

Description : Dividend Distribution Tax is payable by: A. Shareholders to Government B. Shareholders to Company C. Company to Government D. Holding to Subsidiary

Last Answer : C. Company to Government

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Last Answer : e. Deciding promo and sales budget

Description : Your finance department is primarily concerned with a. acquiring the capital needed for company activities. b. establishing a dividend policy that maximizes the return to shareholders. c. setting credit policies for customers and suppliers. d. profits. e. all of the above.

Last Answer : e. all of the above.

Description : When the liquated company has adequate cash to pay off all liabilities , the interest on liabilities should be paid : a) Upto the date of commencement of insolvency proceedings b) Upto the date of actual payment of liabilities c) Upto the date of payment to shareholders d) None of the these

Last Answer : d) None of the these

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Last Answer : D. Equity shareholders' account

Description : For amalgamation in the nature of merger, the shareholders holding at least ______ or more of the equity shares of the transferor company becomes the equity shareholders of the transferee company. A. 51% B. 90% C. 99% D. 100%

Last Answer : B. 90%

Description : Memorandum of association governs the relationship of the company: A. With the outside world B. With the shareholders C. With other companies D. of the above

Last Answer : A. With the outside world

Description : XYZ company conducted an AGM on 1st September 2007. On that day due to fire accident in the hall. All shareholders died. Will the company be in existence? A. Yes B. No

Last Answer : A. Yes

Description : Property of the company belongs to: A. Company B. Shareholders C. Members D. Promoters

Last Answer : B. Shareholders

Description : Why should a benchmark statement be included in advertising objectives? A)The shareholders always like to see where a company is in relation to competition. B)It gives an indication of how ... have been accomplished. D)The objectives become more easily attainable when such a statement is included.

Last Answer : C)Without a reference point, it is difficult to determine to what degree the objectives have been accomplished.

Description : The importance of ‘Trading on Equity’ lies in the fact that if the company is earning more profit, it can make use of borrowed capital and preference share capital and by doing so, it can increase the income of: a. Preference Shareholders b. Lenders c. Equity Shareholders d. Government

Last Answer : c. Equity Shareholders

Description : Debenture holders of a company are its (1) Shareholders (2) Creditors (3) Debtors (4) Directors

Last Answer : Creditors