1. The newly appointed CA Firm (Verma & Associates) and retiring CA Firm (Agrawal Verma & Associates) have common persons i.e., Dev Verma and Mia Verma who work on case-to-case basis ...
CA Intermediate Paper 2
Corporate Laws (MTP Questions)
15 Questions from ICAI Mock Test Papers
Questions
15
Est. Time
30 min
Source
ICAI MTPs
Question 1 of 15 0 correct | 0 wrong
Explanation:
Key Concept:
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Keyboard: 1-4 to select, ← → to navigate
Sample Questions: Corporate Laws
Preview 3 of 15 questions from ICAI MTPs
A) Not valid since both CA Firms have common persons
B) Dev Verma and Mia Verma are working on case-to-case basis and are not ... ✓
C) Verma & Associates should expel Dev Verma and Mia Verma to retain appo...
D) Agrawal Verma & Associates should expel Dev Verma and Mia Verma
2. What would have been the position if Dev Verma and Mia Verma were partners in Verma & Associates (instead of working on case-to-case basis)?...
A) The position will remain same
B) No change, Verma & Associates may continue as audit firm
C) The appointment of Verma & Associates would not have been in terms of ... ✓
D) Company may obtain permission from shareholders by Special Resolution ...
3. Verma & Associates due to dispute with management resigned from the company. Choose the correct option regarding filling this vacancy:...
A) Verma & Associates cannot resign and must hold office till next AGM
B) The vacancy caused by resignation can be filled by the Board of Direct... ✓
C) The vacancy shall be filled by the Audit Committee
D) This vacancy can be filled by Board of Directors in consultation with ...
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