11th Principles of Commerce MCQS
The minimum number of directors in a multi-members private ltd. company
Seven
Not fixed
Five
Two
The objective of a statutory meeting is
To sell the shares
To settle preference
To raise funds
To gain the confidence of company’s shareholders
The notice of special resolution must be given to the members
37 days before
14 days before
33 days before
21 days before
What is the time duration in which a public company is bound to call a general meeting after getting certificate of incorporation
12 months
6 months
9 months
18 months
Who can be a director of a company
Representative of the creditor
Artificial person
Immature/Minor
Insolvent person
1 2
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