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Which of the following statements are true in context of a company under Company Act, 2013?<br>1. The shareholders of a company can appoint Board of Directors.<br>2. The Board of Directors is the proper authority to convene Annual General Meeting.<br>3. The gap between two annual general meetings must not be more than fifteen months.

Correct Answer: 1, 2 and 3

Which of the following statements are true in case of appointment of directors?
1. A company can appoint maximum fifteen directors.
2. A company may appoint more than fifteen directors after passing a special resolution in general meeting.
3. The approval of Central Government is not required in case some enhancement is done in case of directors.

Which of the following statements are true in context of a company under Company Act, 2013?
1. A company can become a member of another company
2. Member's voluntary winding up takes place when the company is insolvent
3. Only board of director can convene Extraordinary General Meeting

Which of the following statements are true in context of a company under Company Act, 2013?
1. A member of a company must be a shareholder of a company.
2. Proxies are not to be included while counting the quorum of a meeting of a company.
3. The maximum number of directors in a public as well as private company is 15.
4. In case of a private company, there is no restriction to transfer the shares.

The time interval between two annual general meeting should not exceed
Or
The maximum time lag between two annual general meetings of a company can be:

One of the primary responsibilities of the Company Secretary is to attend the Annual General Meeting of the company. As per the Companies Act, Annual General Meeting and requisitioned Extra ordinary General Meetings are explained U/S . . . . . . . .

Sub-section (1) of section 100 empowers the board of directors to call extraordinary general meeting as and when it is deemed necessary. Which of the following is authorized to convene extra-ordinary general meeting?

1. A Judicial Magistrate First Class can authorize the detention in custody, of a person accused of an offence triable by Special Court established under The Narcotic Drugs and Psychotropic Substances Act, 1985, for a period not exceeding fifteen years.
2. The Special Court established under The Narcotic Drugs and Psychotropic Substances Act, 1985, cannot exercise the power to authorize the detention of accused in custody, as enunciated under Section 167 of Code of Criminal Procedure.
3. The definition of 'use' under Section 2(xxviii-a) of The Narcotic Drugs and Psychotropic Substances Act, 1985, excludes personal consumption of narcotic drugs and psychotropic substances.
4. The High Court, by special order, may constitute as many Special Courts under The Narcotic Drugs and Psychotropic Substances Act, 1985, as necessary.
Which of the above statements are correct?

As a salesperson, Poly can choose one of two methods of annual payment either an annual salary of Tk. 35,000 with no commission or an annual salary of Tk. 10,000 plus a 20 percent commission on her total annual sales. What must her total annual sales be to give her the same annual pay with either method?

Which of the following statements are true in context of a company under Company Act, 2013?
1. The minimum capitals are necessary, both in case of private and public companies.
2. A public company can be converted into a private company by passing a special resolution.
3. A private company must alter its article by passing a special resolution to convert into public company.

As per Articles of Association of the company the directors can borrow up to Rs. 10,000 without getting approval from the general meeting. The directors have lend Rs. 50,000 to the company without any approval of the general meeting and took debentures. The company would be liable for: