Annual General Meeting Questions and Answers:
Ques. Which of the following company can held the AGM on public holiday ____
(a) Public company
(b) Private company
(c) Govt company
(d) Association not for profits
Ques. The Bigbrand Company conducted an AGM. On that day due to fire accident in the hall all shareholders died. Will the company will be in existence.
(a) Yes
(b) No
Ques. The time period for conduction of AGM is extended by ROC for how many months
(a) 1
(b) 2
(c) 3
(d) 4
Ques. List of issues to be discussed at a meeting:
(a) Schedule
(b) Agenda
(c) Time-table
(d) Plan
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Ques. Central Government can exempt company from holding AGM
(a) Yes
(b) No
Ques. Failure to convene AGM u/s 166 penalty will be
(a) 50,000+250 per every day
(b) 75,000+250 per every day
(c) 1,00,000+250 per every day
(d) 25,000+250 per every day
Ques. The time gap between two AGM’s shall not exceed.
(a) 15 months
(b) 18 months
(c) 16 months
(d) None of these
Ques. Length of notice in the case of AGM is 21 clear days. Articles provided 25 clear days for length of notice. Is the AGM valid
(a) Valid
(b) Invalid
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Ques. AGM should be held by every company
(a) Yes
(b) No
Ques. Length of notice in the case of AGM is 21 clear days. Articles provided that 15 clear days for length of notice. Is the AGM valid
(a) Valid
(b) Invalid
Ques. In case of continuing default to convene the AGM fine is Rs.___________ for every day.
(a) 250
(b) 300
(c) 350
(d) 400
Ques. Bacchan co, incorporated on 1 st Jan 2021. The AGM should be held on 1 st July 2022. ROC extended that time to 1 st Sep.2022. Is the AGM valid.
(a) Valid
(b) Invalid
(c) Situation does not arise
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Ques. Every AGM must be held with ___ from the date of the Balance Sheet.
(a) 4 months
(b) 6 months
(c) 9 months
(d) None of these
Ques. The resolution passed at AGM are ___
(a) Valid
(b) Void
(c) Voidable
(d) Void ab-initio
Ques. First AGM must be held within_____________ from the incorporation of the company
(a) 15 months
(b) 18 months
(c) 12 months
(d) None of these
Ques. ___ may grant exemption to any class of companies with regard to the time & place of AGM.
(a) C.G
(b) ROC
(c) NCLT
(d) D.C.A
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Ques. Eminem Marshel Mathers Ltd is incorporated on Jan 1, 2022. It must hold its first AGM before.
(a) Dec 31-2022
(b) Dec 31-2023
(c) June 30-2022
(d) June 30 – 2023
Ques. AGM should be held at
(a) any company office
(b) Registered office
(c) Corporate office
(d) None of these
Ques. Any company can’t held AGM on a public holiday
(a) Yes
(b) No