📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    âš¡ Month End Offer - Flat 52% Off On All Courses! Enroll Now âš¡
    00:00:00 AM Left

    Question

    In the case of a company having a share capital, the

    Board shall on the requisition of such number of members, call the extra ordinary general meeting who hold, on the date of the receipt of the requisition_______________
    A Having one-tenth of such of the paid-up share capital of the company as on that date carries the right of voting Correct Answer Incorrect Answer
    B Less than one-tenth of such of the paid-up share capital of the company as on that date carries the right of voting Correct Answer Incorrect Answer
    C Not less than one-tenth of such of the paid-up share capital of the company as on that date carries the right of voting Correct Answer Incorrect Answer
    D Not more than one-tenth of such of the paid-up share capital of the company as on that date carries the right of voting Correct Answer Incorrect Answer
    E More than one-tenth of such of the paid-up share capital of the company as on that date carries the right of voting Correct Answer Incorrect Answer

    Solution

    Not less than one-tenth of such of the paid-up share capital of the company as on that date carries the right of voting, Explanation: (2) The Board shall, at the requisition made by— (a) in the case of a company having a share capital, such number of  members who hold, on the date of the receipt of the requisition, not less than one-tenth of such of the  paid-up share capital  of the company as on that date carries the right of voting.

    Practice Next
    ask-question