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Thursday, April 14, 2016

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.

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