Final PN-13 Corporate and Economic Laws Quiz 2

Maximum remuneration to all managerial personnel is-

The eligibility and conditions of appointment of MD is mentioned in Schedule

Section 203 provides for appointment of

Managing Director’s appointment is ratified in AGM through-

A company may remove a director with –

A director may be appointed by small shareholder. Small shareholder means, shareholders who hold shares worth of face value of maximum,            

If a person other than retiring director is proposed, a cheque of                 is to be deposited with the proposal.

A whole time director is appointed for a term of:

Section 184 of the Companies Act provides for:

A women director has to be there is the company is:

Alternate director may be appointed when the additional is out of India for at least       

Additional director’s tenure is up to       

Auditor can render the following additional service to the company where he is auditor:

First Auditor is appointed by-

CARO,2020 is effective from: -

Auditors Report is addressed to:

In case of private company, internal auditor has to be appointed if the turnover is:

The Financial statements are to be filed with the Registrar within-

CAG stands for:

In normal course, the Board’s Report is signed by –

A statutory Auditor shall be-

NFRA stands for:

Directors Responsibility Statement is a part of: -

A practicing Chartered Accountant may be appointed as Auditor for term of:

Once declared, the amount of dividend shall be transferred to special dividend A/c within