0 of 24 Questions completed
You have already completed the quiz before. Hence you can not start it again.
Quiz is loading…
You must sign in or sign up to start the quiz.
You must first complete the following:
0 of 24 Questions answered correctly
Time has elapsed
You have reached 0 of 0 point(s), (0)
Earned Point(s): 0 of 0, (0)
0 Essay(s) Pending (Possible Point(s): 0)
|Table is loading|
|No data available|
In which of the following case, rule of company governing by majority and supremacy of majority has been settled.
Which of the following is/are well established exceptiona(s)- to the principle that majority rule prevails?
Who amongst following can apply to NCLT against oppression and mismanagement by company in the case of company having share capital?
Material change means:
Who cannot apply for getting relief against oppression and mismanagement?
Which of the following order can be passed by Tribunal to prevent oppression and mismanagement?
To prevent oppression and mismanagement, Tribunal can pass order setting aside any fraudulent preferences made within……. Before the date of application.
Any managerial personnel, whose appointment is set aside by the order of NCLT, shall not be capable of serving the company in any managerial capacity for a period of ………except with the leave of the NCLT.
A class action suit cannot be filed against:
When class action can be initiated?
What reliefs can be claimed by applicant under class action suit from NCLT?
An application claiming relief from oppression or mismanagement can be made to the Tribunal by the members on the ground that a material change…… in the management or control of the company and that by reason of such change, it is likely that the affairs of the company will be conducted in manner prejudicial to its interests or its members or….
Material change in terms of section 241 means…….
Statement (1): A change brought about by, or in the interests of creditors or debenture holders.
Statement (2): A change brought about by, or in the interests of any class of Shareholders of the company.
Statement (3): An alteration in the board of directors or the manager.
Statement (4): An alteration in the ownership of the company’s shares or in the membership of the company, if the company has no share capital.
In case of a company having a share capital, an application u/s 241 may be made by…
Upon receiving an application u/s 241, the Tribunal may exercise the powers vested in it u/s 242, only if it is of the opinion that….
where the Tribunal makes an order terminating or setting aside the agreement between the company and any director or manager of the company, such director or manager shall not act as the director or manager of such company for a period of 5 years except with the permission of ……… before granting such permission, an opportunity of being heard shall be given to :
The Tribunal may, with a view to bringing to an end the matters complained of in an- application made to it claiming relief from oppression or mismanagement, make an order setting aside of any transfer, delivery of goods, payment, execution or other act relating to property made or done by or against the company within…… before the date of the application made to the Tribunal ,which would, if made or done by or against an individual, be deemed in his insolvency to be fraudulent preference.
Where an application claiming relief from oppression or mismanagement is made to the Tribunal, the Tribunal may….
A class action application may be made by:
Where a class action application is found to be frivolous or vexatious, the Tribunal shall direct the applicant to pay to the opposite party such cost, not exceeding…………. As the Tribunal may deem fit.
The cost or expenses connected with the class action application shall be defrayed by:
A class action application may be made on the ground that the management or conduct of the affairs of the company are being conducted in a manner prejudicial to:
In case of a company having no share capital, a class action application shall be valid only if it is made by:
Where a class action is made to the Tribunal or an application claiming relief from oppression or mismanagement is made to the tribunal, the provisions of sections………. shall apply mutatis mutandis , in relation to such application.