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13th August 2014, 10:55 AM
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Join Date: Apr 2013
Re: Company Secretary Executive Programme Solved Objective questions

You are looking for Company Secretary Executive Programme Solved Objective questions, i am giving here:

1. Comment on any four of the following :
(i) A company cannot ratify a pre-incorporation contract though it is open to it to enter
into a fresh contract.
(ii) The alteration of articles of association must not constitute a fraud on the minority by
a majority.
(iii) Where a company has a branch office, whether in India or abroad, the original books
of account, records, etc. of the branch office will have to be maintained in the registered
office of the company.
(iv) A limited liability partnership registered in Singapore is proposing to establish a place
of business in Mumbai.
(v) Director Identification Number (DIN) is not mandatory for directors of a foreign company
having branch offices in India.
(5 marks each)

2. (a) State, with reasons in brief, whether the following statements are true or false :
(i) Company being an artificial person created by law is also a citizen.
(ii) Statement in lieu of prospectus has to be filed by private limited companies.
(iii) Conversion of a private limited company into a public limited company requires
the approval of the Central Government.
(iv) Charges created orally need not be registered.
(v) Adherence to the Secretarial Standards framed by The Institute of Company
Secretaries of India is mandatory.
(2 marks each)
(b) Write the most appropriate answer from the given options in respect of the following :
(i) The maximum number of members of a private limited company, apart from its
employees and ex-employees, is limited to .
(a) Two
(b) Seven
(c) Ten
(d) Fifty.

(ii) Section 260 relating to appointment of additional directors applies to .
(a) All companies
(b) Public limited companies only
(c) Private limited companies only
(d) None of the above.
(iii) No individual shall hold office at the same time as small shareholders' director
in more than .
(a) One company
(b) Two companies
(c) Three companies
(d) Four companies.
(iv) Under section 287(2), the quorum for a meeting of the Board shall be .
(a) One-third of the total strength of the Board or two directors, whichever is higher
(b) Two-third of the total strength of the Board or two directors, whichever is higher
(c) One-third of the total strength of the Board or two directors, whichever is lower
(d) Two-third of the total strength of the Board or two directors, whichever is lower.
(v) A public company can borrow money .
(a) Before incorporation
(b) Soon after incorporation
(c) After one year of incorporation
(d) After obtaining certificate of commencement of business.
(vi) Who among the following is not authorised to inspect the books of account of
a company .
(a) Directors of the company
(b) The Registrar of Companies
(c) A person authorised by the Central Government
(d) A member of the company.
(1 mark each)
3. (a) Re-write the following sentences after filling-in the blank spaces with appropriate
word(s)/figure(s) :
(i) A fee of ` __________ shall be payable for making an application to the
Registrar of Companies for ascertaining the availability of name.
(ii) A director can act for a period of __________ without possessing the qualification
shares prescribed under the articles of association.

(iii) The provisions of the Directors' Relatives (Office or Place of Profit) Rules, 2011
shall be applicable to a company only if the remuneration proposed to be paid
to a relative of a director exceeds __________ per month.
(iv) __________ inserted by the Companies (Amendment) Act, 1988, contains the
rates of depreciation to be provided by a company on various assets.
(v) Pursuant to the provisions of section 78 __________ can be used in utilizing
unissued shares of the company to be issued to its members as fully-paid bonus
shares.
(vi) The format of the annual return to be filed by companies is prescribed in
__________ appended to the Companies Act, 1956.
(vii) The operation of the ESOP Scheme has to be under the superintendence and
direction of __________ of the Board of directors of a company.
(viii) All general meetings of a company with the exception of the statutory meeting
and the annual general meeting are called __________ .
(1 mark each)

(b) Enumerate different types of meetings under the Companies Act, 1956.
(4 marks)
(c) What do you understand by the expression 'resolution by circulation' ? List out four
matters which cannot be passed by the directors by resolution by circulation.
(4 marks)

4. Distinguish between the following. Attempt any four :
(i) .Mortgage. and .charge..
(ii) .Managing director. and .whole-time director..
(iii) .Pre-scrutiny. and .check form..
(iv) .Oral trust. and .written trust..
(v) .Ordinary resolution. and .special resolution..
(4 marks each)

5. (a) What are the main purposes of memorandum of association of a company ?
(4 marks)
(b) What is meant by the term .striking-off. of the name of a company ? Can any
aggrieved creditor apply for restoration of the name of the company after 10 years of
its striking-off ? If so, how ?
(4 marks)
(c) Can the Board of directors of a company delegate any of its powers to others ? Discuss.
(4 marks)
(d) What is the general structure of e-filing process under MCA-21 ?
(4 marks)

6. Write notes on the following. Attempt any four :
(i) Intangible assets
(ii) Fungibility
(iii) Independent director
(iv) Investor Education and Protection Fund (IEPF)
(v) Illegal association.
(4 marks each)
7. (a) The required quorum is not present within thirty minutes of the scheduled time for holding
of annual general meeting. Advise with the help of relevant provisions of the Companies
Act, 1956.
(4 marks)

(b) Your company, which is a public limited company wishes to make investments in shares
of a company. The total investment exceeds the statutory limit stipulated by the Companies
Act, 1956. What are the formalities to be complied with in this regard ?
(4 marks)

(c) The registered office of a company was shifted from one State to another. A labour
litigation was pending before the court. So, the employees objected to the transfer. Whether
the objection of the employees is sustainable ?
(4 marks)
(d) Agro Ltd. is desirous of appointing Sell-well Ltd. as its sole-selling agent. The paid-up
capital of Sell-well Ltd. is `5 crore and it has substantial interest in Agro Ltd. Advise Agro
Ltd. of the implications of the proposal.
(4 marks)

8. (a) The Directors' Report of Ayush Ltd. for the financial year ended 31st March, 2012 has
been dated 15th May, 2012, whereas the Auditors' Report for the same period is dated
16th May, 2012. Is this in order ? Explain.
(4 marks)

(b) Yogesh, the Company Secretary of Bigleap Ltd. convened a general meeting of the company
after discussing the matter with some of the directors even though there was no express
approval of the Board for convening such a meeting. Discuss the validity of such a meeting.
(4 marks)

(c) Kapil is branch head of a limited company. The company proposes to elevate Kapil to the
Board. Enumerate the steps involved in such a proposal.
(4 marks)

(d) State the provisions of the Companies Act, 1956 relating to housing loans to the directors
of the company.
(4 marks)


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