CA Final Law – Appointment, Qualifications & Remuneration of Directors & Managerial Personnel MCQs Set IV

On appointment of director Company shall file which form with the ROC?

On being appointed as director, he shall file Form ……..with Company.

What is the time limit for filing DIR-12?

On completion of 2 terms, an Independent Director can get appointed as ID only after a gap of…

To be eligible for being reappointed, an Independent Director shall not be associated with the Company in any manner for a period of ……….

Who shall not be eligible for being appointed as Independent Director?

A director to be appointed as Independent Director, has or had no pecuniary relation (other than remuneration) > 10% of his total income or amount prescribed by CG with the Company or its Holding, Subsidiary, Associate Co., promoter or director:

Mr. X, son-in-law of Mr. A (Promoter of Associate Company PQR Ltd.) seeks to be appointed as Independent Director of LMN Pvt. Ltd. Can he be so appointed?

Ms. Kajal is a relative of Mr. Ketan. PQR Ltd. is the Holding Company of ABC Ltd. Mr. Ketan has given a guarantee to the Director of ABC Ltd. Can Ms. Kajal be appointed as an Independent Director?

A Small Shareholder’s Director needs to vacate office if he:

Ms. Simple appointed as First director of Company Basic Ltd. wishes to know her tenure as First Director.

A person cannot act as director until he files his consent with ROC in Form DIR-2 within 30 days of appointment. However, exception to following is given to

The resolution for A’s retirement and re-appointment was passed. However, before the resolution for B’s reappointment could be taken up for consideration, the meeting was adjourned. In the adjourned meeting also, the said resolution could not be taken up and the meeting was ended without passing the resolution for B’s retirement and reappointment. What will be the status of B as a director in the company?

Mr. PQR has been appointed as Additional Director on the Board of Meghna Ltd. on 12th January, 2016. Mr. PQR had filed his consent to Act as a Director only with the company. Is the appointment valid?

A company XYZ Ltd. has 8 directors including 1 Additional Director, 1 Casual Vacancy Director, 1 Small Shareholder’s Director. Calculate number of Directors to be rotated.

A OPC with 2 or more Directors shall be required to hold a First Board Meeting u/s 173(1)

The water pipeline of a reputed hotel company ruptured due to accidental damage. Immediate bids were obtained from repair contractors; a heavy financial outlay was expected. The BM needs to be called urgently to select a contractor or else the business suffers loss of reputation and payment of compensation to clients. Can an urgent BM be held with a shorter Notice being given?

An OPC with 2 or more Directors shall be required to give 7 days’ notice for BM:

Failure to give BM Notice shall result in following Penalty to the defaulting Officer of the Company:

What modes of attendance are available to a Director attending a BM

Mr. A attending his daughter’s destination wedding joined a BM via Video Conferencing: At this meeting discussion was done regarding financial budgets and approval of the Financial Statement. Presence at BM via Video Conferencing is not permissible for which of these matters?

What shall be Quorum in case no. of Directors is 12:

What shall be Quorum in case No. of Directors is 13:

XYZ Ltd. is Whole Owned Subsidiary of Government Company. The members of XYZ Ltd. applied for inspection of Register of Directors maintained u/s 170. Company seeks your advice.

Rama Ltd appointed Mr. Rahul as an Additional Director by passing a resolution by circulation. Is the appointment valid?

A person cannot act as director until he files his consent with ROC in Form DIR-2 within 30 days of appointment. However, exception to following is given to

Board of Karawan Ltd. seeks to appoint Mr. Karan as Alternate Director of Mr. Kiran, an Independent Director. What is the basic requirement?

Acts conducted by the Company were ultra vires to the AOA and MOA of the Company. Will the ID be held responsible?

On adoption of sec 163 on Proportional Representation, which of the following sections shall not apply?

As per sec 160 notice to be appointed as a Director shall be submitted to a Company with the deposit of ………

Within what period shall DIR-12 be filed in case of a Specified IFSC Company?

What is the validity of an allotted DIN?

Mr. Snehil, a director of LMN Ltd. assigned his office to his son when he went on a vacation abroad for 1 week. Is the act of the director valid?

Which of the following shall not be included in calculating Directorships:

Director who exceeds the maximum number of Directorships shall notify his wish to continue as Director to:

Director resignation from excess Directorships shall be valid w.e.f:

Will the Director who makes undue gain in the aforesaid case have other liabilities apart from fine:

Directorships which the Director shall leave in case the Maximum No of Directorships is exceeded shall be decided on the basis of:

A Director who fails to attend all Board Meetings for a period of 12 months without leave of absence shall:

A Director who fails to attend all Board Meetings for a period of 12 months with leave of absence shall:

Contravention of sec 184 by director shall result in:

A Director who is removed from office u/s 169 shall:

If the Director is holding such Directorship by virtue of his employment at certain position in the Company or its Holding or Subsidiary etc., then if that position is lost, the Director shall:

A person who knowingly functions as a Director after vacation from the Directorship u/s 169 shall be punishable with:

Private company may:

A Director can resign:-

The BOD shall have following duty on receipt of resignation of Director

Mr. Mukesh, a director of LMN Ltd. assigned his office to his son when he went on a vacation abroad for 1 week. Is the act of the director valid? What repercussions will he face?

Particulars of Directors & KMP and their shareholding shall be filled with Registrar in Form:

Particulars of Directors & KMP and their shareholding shall be filled with Registrar: