Friday, 13 June 2014

Test your knowledge : 20 Questions on Management & Administration

Friends,

We share the quiz questions conducted in Chennai West Study Circle of ICSI - SIRC on the topic "Management & Administration"

You may please give your answers in the comment Section. Correct answers & the one who gave the right
answer will be announced tomorrow in the blog's comment section:


 QUESTIONS

1 As per Sec. 166 of Companies Act 2013, the Business hours for conducting AGM is ____ AM to ____ PM.

2 All items transacted at EGM are special business. Is this Statement True or False?

3 Annual return & Register of Debenture holders need to be maintained for a minimum period of _______ years.

4 If Chairman is not available, the “ Report on AGM” can be signed by _______________

5. Proxy is entitled to vote by show of hands or Poll, but he cannot speak in the meeting. Is this Statement True or False ?

6. Return in changes of Promoters & Top 10 shareholders to be filed with ROC within _____

7. Scrutinizer’s report in case of Postal ballot shall be submitted to the Company within  _____days

8. As per Sec. 91, for book closure, previous notice shall be given before _____days

9. If a PCS certifies Annual return erroneously, he is liable to a fine of _____

10. First AGM of a Company shall be held within _____

11.When a shareholder asks for the Minutes of the AGM, it shall be sent to him within _____ days

12 Public Company with more than ____shareholders shall provide its members facility to vote through electronic means in General meeting.

13 Listed Cos & cos with more than 1000 shareholders need to covert their current records into electronic form within _________

14. A Public Company with 2000 shareholders shall have a quorum of _____ for its AGM

15. A Person can act as a proxy for a maximum of _____ no. of members.

16. As per Sec. 117, resolutions which need to be filed with ROC should be filed with ROC with additional fees within _____ days.

17. What are the kind of Companies for which Annual return need to be certified by PCS as per Sec. 92 (2)?

18. Which Section provides for filing of report of AGM with ROC?  Within what time the said report shall be filed?

19. Who are the signatories to the Annual return as per Sec. 92 (1)?

20. What are the Registers that need to be maintained permanently?
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6 comments:

  1. Unknown13 June 2014 at 19:32

    1. 9.00 a.m. to 6.00 p.m.
    2. True
    3. 8 years
    4. Two directors (including MD if there is one) and CS
    5. True
    6. 15 Days MGT 10
    7. Not exceeding 3 working days from conclusion of e-voting in MGT 13
    8. 7 Days
    9. 50,000 to 5,00,000
    10. 9 months from closure of financial year. But for OPC within 180 days from closure of financials (ref 3rd ptoviso to section 137(1) read with section 122)
    11. 7 working days
    12. 1000 shareholders
    13. 6 months from commencement of notification
    14. 15
    15. 50
    16. 300 days (30+270)
    17. Listed / 10 crores PC / 50 Crores turnover
    18. 121 within 30 days MGT 15
    19. Director and cs in employment / PCS if no cs in employment. For OPC and small companies CS in employment / if no cs in employment Director
    20. Register of members and foreign register

    ReplyDelete
    Replies
    1. CS. Mohan Kumar14 June 2014 at 07:03

      Very good attempt Bindu Madhava. There were 2 corrections required as given below:

      Q. No : 5 - Statement is false. Proxy cannot vote by show of hands.


      Q No: 7 is not about E Voting ; it is about Postal ballot - 2. Scrutinizer's report shall be filed within 7 days from last date of receipt of postal ballot.

      Delete
  2. Unknown13 June 2014 at 21:36

    1) 9:00 am to 6:00 pm
    2) True
    3) 8 years
    4) any 2 directors (incl.MD if there is one) and CS
    5) True
    6) 15 days
    7) 3 working days
    8) 7 days
    9) shall not less than Rs.50,000/- extend upto Rs.500000
    10) 9 months from the book closure
    11) 7 working days
    12)1000 shareholders
    13) 6 moths
    14) 15
    15) 50
    16) 270 days
    17) 10 crores for listed company or 50 crores turnover
    18) section 121 within 15 days
    19) Director & CS; if no CS in employment PCS
    20) Register of Members; Foreign Registers

    ReplyDelete
  3. CS. Mohan Kumar14 June 2014 at 07:07

    Good show Venkat.

    Q No 5 & 7 - same corrections required as given for Bindu Madhava,

    Additionally...

    Q NO: 10 - 9 months from the closure of Financial year..(Book closure will be different date.. right?)

    For Q NO : 17, Annual return certification is required for all Listed Companies (No capital restriction) and in case of Public Companies it is 10 crores capital and 50 crores Turnover..

    Q : 18- 30 days.

    Q 16- 270 days is the additional time limit given; before that normal time of 30 days will be there..Hope you know this and have given the additional time limit only.

    Thanks for the wonderful effort

    ReplyDelete
  4. CS. Mohan Kumar14 June 2014 at 07:13

    1) 9:00 am to 6:00 pm
    2) True
    3) 8 years
    4) any 2 directors (incl.MD if there is one) and CS 5)
    5) False (Not entitled to vote on show of hands)
    6) 15 days
    7) 7 days
    8) 7 days
    9) shall not less than Rs.50,000/- extend upto Rs.500000
    10) 9 months from the closure of financial year
    11) 7 working days
    12)1000 shareholders
    13) 6 months
    14) 15
    15) 50
    16) 30 + 270 days
    17) Listed / 10 crores PC / 50 Crores turnover
    18) section 121 within 30 days
    19) Director & CS; if no CS in employment PCS
    20) Register of Members; Foreign Registers

    ReplyDelete

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