Legal Aspects of Finance SCDL Solved Paper - 57

This solved paper of SCDL Legal Aspects of Finance of SCDL Pune has been contributed by XYZ

Multiple Choice Multiple Answer
Question	Appointment of receiver under sec.137 containt
Answer	Name , address and date of appointment of receiver , date on which the receiver ceased to act
Multiple Choice Single Answer
Question	In the case of prevention of operation and mismanagement application is to be made to company law board by
Answer	Member
True/False
Question	Senior managers are members of management, one level below the executive director.
Answer	TRUE
Multiple Choice Multiple Answer
Question	The penalties are levied for which offences done?
Answer	Pay less than minimum wages , Pay less than fixed wages , Contravenes any rule or order
True/False
Question	Board may appoint additional directors.
Answer	TRUE
Multiple Choice Single Answer
Question	Which report is received by the shareholders annually ?
Answer	Directors report
Select The Blank
Question	Purchase of foreign securities by resident employee of Indian Software Company, should not exceed ________.
Answer	US $ 50000
Select The Blank
Question	Director has to vacate his office, if he has been ________ by a court of any offence involving moral turpitude.
Answer	Convicted
True/False
Question	Employee includes an out worker to whom any article or material are given out by another person for repair or cleaning.
Answer	TRUE
Select The Blank
Question	The Postal ballot paper should be returned to the company within ________ from the dispatch of ballot paper.
Answer	30 days
Multiple Choice Multiple Answer
Question	Debentures can be :-
Answer	Redeemable , Convertible , Party convertible and redeemable
Multiple Choice Single Answer
Question	Single director can sign the annual accounts if :-
Answer	Only one director in India for the time being

 

Note: Please tally the answers and verify them from SCDL textbooks as all answers might not be correct.