CA Intermediate Paper 2

Corporate Laws (MTP Questions)

15 Questions from ICAI Mock Test Papers

Questions

Est. Time

30 min

Source

ICAI MTPs

Sample Questions: Corporate Laws

Preview 3 of 15 questions from ICAI MTPs

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 ...

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 ...