Notice of resolution for a meeting, as per section 164 of Companies Ordinance 1984, should reach the office at least _________ before the meeting; and the company shall forthwith circulate such resolution to all the members.

• A) Fifteen days
• B) Ten days
• C) Seven days
• D) Fourteen days

The directors of a company by resolution passed by not less than _______ of the total number of directors for the time being, or the company by a special resolution, may remove a chief executive before the expiration of his term of office

• A) Two third
• B) Three-fourths
• C) Half
• D) One third

According to section 205, The period within which the company's return is to filed with the registrar shall be a period of fourteen days from the date of incorporation of the company and the period within which the said notification of a change is to be sent shall be ___________ from the happening thereof

• A) Twenty-eight days
• B) Seven days
• C) Fourteen days
• D) Twenty-one days

If any person being an undischarged insolvent acts as chief executive, director or managing agent of a company, he shall be liable to imprisonment for a term not exceeding __________

• A) Four years
• B) One year
• C) Three years
• D) Two years

The directors shall at ___________ before the date on which the meeting is held, forward a report, in this Ordinance referred as "the statutory report", to every member.

• A) Least seven days
• B) Least fourteen days
• C) Least twenty-one days
• D) Least twenty-eight days

The expression ‘investment’ as per sec. 208, includes loans, advances, equity, by whatever name called, or any amount, which is not in the nature of normal ____________

• A) Trade credit
• B) Assets
• C) Trade debit
• D) Deposits

Subject to the provisions of section 167 of Companies Ordinance, the members or their proxies are entitled to abstain from voting or not to exercise their full voting rights and if any provision to the contrary in the company's articles shall be________.

• A) Void
• B) Valid
• C) Null
• D) Illegal

As per statutory meeting of company of section 157, the directors shall cause _________ copies of the statutory report, certified as aforesaid, to be delivered to the registrar for registration forthwith after sending the report to the members of the company.

• A) At least four
• B) At least three
• C) at least two
• D) At least five

As per section 159 of Companies Ordinance 1984, The directors may at any time call an extraordinary general meeting of the company to consider any matter which requires the approval of the ________ in a general meeting

• A) Company's Directors
• B) Company Secretary
• C) Company Registrar
• D) Company

If a limited company does not paint or affix, and keep painted or affixed, its name in manner directed by this Ordinance, it shall be liable to a fine which may extend to ____________ for every day during which its name is not so kept painted or affixed.

• A) One thousand rupees
• B) Three hundred rupees
• C) Five hundred rupees
• D) Two hundred rupees

________________ is a term sometimes applied to the chief executive officer (CEO) or managing director of an organization, company, or corporation

• A) Defacto director
• B) Executive director
• C) Dejure director
• D) Shadow director

According to section 160 of Companies Ordinance, the public i.e.listed company's quorum of a general meeting should consists of _____________, unless the articles provide for a larger number

• A) Twelve Members
• B) Ten Members
• C) Six Members
• D) Five Members

No person shall be appointed as a director of a company EXCEPT he:

• A) is an undischarged insolvent
• B) has applied to be adjudicated as an insolvent and his application is pending
• C) is not a member
• D) a whole-time director who is an employee of the company

A holder of majority shares of a company who is neither a director nor openly participate in the company’s governance, but whose directions or instructions are routinely followed with by the employees and the directors is called __________

• A) Executive director
• B) Defacto director
• C) Dejure director
• D) Shadow director

Following books of accounts are kept in the registered office of the company EXCEPT:

• A) All assets of the company
• B) All liabilities of the company
• C) All cash receipts of the company
• D) All sales and purchases of goods by the company

A director shall cease to hold the office if he is absents from _______ consecutive meetings of the directors or from all the meetings of the directors for a continuous period of three months.

• A) Four
• B) Five
• C) Two
• D) Three

A company shall as from the day on which it begins to carry on business, or as from the ____________ after the date of its incorporation, whichever is the earlier, have a registered office to which all communications and notices may be addressed.

• A) Twenty-eighth day
• B) Twenty-one days
• C) Thirty-one days
• D) Fourteen days

Any company which makes default in complying with the requirements of sub-section (1) and every officer of the company who is knowingly a party to the default shall be liable to a fine which may extend to ____________ rupees.

• A) Five thousand
• B) Eight thousand
• C) Two thousand
• D) One thousand

In case of extra ordinary meeting, the notice shall be sent to the members at least ___________ before the date of the meeting as per

• A) Fourteen days
• B) Twenty-eight days
• C) Seven days
• D) Twenty-one days

The company and every officer who is knowingly in default shall be liable to a fine which may extend to _________rupees and such officer will be jointly and severally liable for the loss.

• A) Ten thousand
• B) Five thousand
• C) Fifteen thousand
• D) Twenty thousand