CAF-7 | Ch-5 | Share capital
CAF-7 Ch-5 Share capital
Quiz-summary
0 of 15 questions completed
Questions:
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14
- 15
Information
CAF-7 Company Law Quiz offered for the ICAP CA students.
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 have to finish following quiz, to start this quiz:
Results
0 of 15 questions answered correctly
Your time:
Time has elapsed
You have reached 0 of 0 points, (0)
Average score |
|
Your score |
|
Categories
- Not categorized 0%
- CAF7 0%
Pos. | Name | Entered on | Points | Result |
---|---|---|---|---|
Table is loading | ||||
No data available | ||||
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14
- 15
- Answered
- Review
-
Question 1 of 15
1. Question
1 pointsCategory: CAF7In a company limited by shares, the share capital represents capital introduced into the company by the company’s
Correct
Good
Incorrect
Try again
-
Question 2 of 15
2. Question
1 pointsCategory: CAF7Issuance of shares is the first step of offering shares by the company, then people or promoters pay for the shares this is termed as
Correct
Good
Incorrect
Try again
-
Question 3 of 15
3. Question
1 pointsCategory: CAF7The issued share capital is the nominal value of the shares that have been issued to shareholders. The issued share capital
Correct
Good
Incorrect
Try again
-
Question 4 of 15
4. Question
1 pointsCategory: CAF7In Pakistan, all companies limited by shares are required to have an authorized share capital and the amount of the authorized share capital can be increased but
Correct
Good
Incorrect
Try again
-
Question 5 of 15
5. Question
1 pointsCategory: CAF7When the shares are issued, the shareholders must
Correct
Good
Incorrect
Try again
-
Question 6 of 15
6. Question
1 pointsCategory: CAF7If the company goes into liquidation with unpaid debts, the shareholders will
Correct
Good
Incorrect
Try again
-
Question 7 of 15
7. Question
1 pointsCategory: CAF7Ordinary shares are also called
Correct
Good
Incorrect
Try again
-
Question 8 of 15
8. Question
1 pointsCategory: CAF7The ordinary shareholders are entitled to vote at general meetings of the company. Normally all ordinary shareholders have
Correct
Good
Incorrect
Try again
-
Question 9 of 15
9. Question
1 pointsCategory: CAF7A preference share normally carries as prior right (ahead of ordinary shares) to
Correct
Good
Incorrect
Try again
-
Question 10 of 15
10. Question
1 pointsCategory: CAF7What type of resolution is required to alter the capital clause of the memorandum of association
Correct
Good
Incorrect
Try again
-
Question 11 of 15
11. Question
1 pointsCategory: CAF7After the alteration in the capital clause of MOA, the company is required to file the resolution and the related documents i.e. altered copy of the MOA with the registrar within
Correct
Good
Incorrect
Try again
-
Question 12 of 15
12. Question
1 pointsCategory: CAF7If the variation affects the substantive rights of any particular class of shareholders, it shall not be deemed to have been carried out unless
Correct
Good
Incorrect
Try again
-
Question 13 of 15
13. Question
1 pointsCategory: CAF7Any member or members of the affected class representing at least 10 percent shareholding of that class may apply for an order against the resolution varying their rights. They will apply to
Correct
Good
Incorrect
Try again
-
Question 14 of 15
14. Question
1 pointsCategory: CAF7In case of variation in shareholders’ rights of a particular class of members, 10% or more of the class of shareholders who are aggrieved by the variation of their rights may apply to the court, for an order cancelling the variation within
Correct
Good
Incorrect
Try again
-
Question 15 of 15
15. Question
1 pointsCategory: CAF7In case of variation in shareholders’ rights of a particular class of members, the court may give its decision in favour or against the special resolution by the company. The company is required to forward a copy of the court decision to the registrar within
Correct
Good
Incorrect
Try again
Thanks for visiting our online MCQs webpage, we need your valued comments regarding the correctness of MCQs and their correct answerers. If you have any correction requests, question or suggestions please let us know, your opinion is important to us. Your valuable advice can help improve the contents and make it more helpful for the future.