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HSC Commerce: Marketing and Salesmanship ११ वीं कक्षा - Maharashtra State Board Question Bank Solutions

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State whether the following statement is True or False:

Member of the company is conferred with several rights.

[5] Members of a Company
Chapter: [5] Members of a Company
Concept: undefined >> undefined

State whether the following statement is True or False:

Member is entitled to profits of the company when a dividend is declared.

[5] Members of a Company
Chapter: [5] Members of a Company
Concept: undefined >> undefined

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Study the following case/situation and express your opinion.

Platinum Limited Company was incorporated on 1st Jan.2018. Advice the Board of Directors on the following matters.

  1. Within what period should the company hold its 1st Annual General Meeting?
  2. At which place should the Annual General Meeting be held.
  3. How many days in advance should the notice and agenda be sent to members?
[7] Company Meetings - 1
Chapter: [7] Company Meetings - 1
Concept: undefined >> undefined

Study the following case/situation and express your opinion.

Platinum Limited Company was incorporated on 1st Jan.2018. Advice the Board of Directors on the following matters.

  1. Within what period should the company hold its 1st Annual General Meeting?
  2. At which place should the Annual General Meeting be held.
  3. How many days in advance should the notice and agenda be sent to members?
[8] Company Meetings - 2
Chapter: [8] Company Meetings - 2
Concept: undefined >> undefined

Find the odd one:

[5] Members of a Company
Chapter: [5] Members of a Company
Concept: undefined >> undefined

Find the odd one:

[5] Members of a Company
Chapter: [5] Members of a Company
Concept: undefined >> undefined

Study the following case/situation and express your opinion.

XYZ Ltd held its Annual General Meeting on 11th May 2018. On 1st June Mr. X, a Director of the company was arrested for a financial scam. Hence the shareholders of the company want to remove him.

  1. Can the company call for the next Annual General Meeting to be held immediately to remove the Director?
  2. Which meeting of members should the company hold to discuss removal of the Director?
  3. What type of resolution will be passed in this meeting for removal of the Director?
[8] Company Meetings - 2
Chapter: [8] Company Meetings - 2
Concept: undefined >> undefined

Study the following case/situation and express your opinion.

XYZ Ltd held its Annual General Meeting on 11th May 2018. On 1st June Mr. X, a Director of the company was arrested for a financial scam. Hence the shareholders of the company want to remove him.

  1. Can the company call for the next Annual General Meeting to be held immediately to remove the Director?
  2. Which meeting of members should the company hold to discuss removal of the Director?
  3. What type of resolution will be passed in this meeting for removal of the Director?
[7] Company Meetings - 1
Chapter: [7] Company Meetings - 1
Concept: undefined >> undefined

Distinguish between the following

Shareholders’ Meeting and Board Meeting

[8] Company Meetings - 2
Chapter: [8] Company Meetings - 2
Concept: undefined >> undefined

Distinguish between the following

Shareholders’ Meeting and Board Meeting

[7] Company Meetings - 1
Chapter: [7] Company Meetings - 1
Concept: undefined >> undefined

Distinguish between the following

Annual General Meeting and Extra ordinary General Meeting.

[7] Company Meetings - 1
Chapter: [7] Company Meetings - 1
Concept: undefined >> undefined

Distinguish between the following

Annual General Meeting and Extra ordinary General Meeting.

[8] Company Meetings - 2
Chapter: [8] Company Meetings - 2
Concept: undefined >> undefined

Complete the sentence:

A person whose name is entered in the Register of Members of a company is called __________

[5] Members of a Company
Chapter: [5] Members of a Company
Concept: undefined >> undefined

Complete the sentence:

In case of death or insolvency of a member, he will cease to be a __________

[5] Members of a Company
Chapter: [5] Members of a Company
Concept: undefined >> undefined

Complete the sentence:

Members have a right to appoint and remove the __________

[5] Members of a Company
Chapter: [5] Members of a Company
Concept: undefined >> undefined

Select the correct option form the bracket.

Group A Group B
Minor ___________
[5] Members of a Company
Chapter: [5] Members of a Company
Concept: undefined >> undefined

Select the correct option form the bracket.

Group A Group B
Co-operative ___________
[5] Members of a Company
Chapter: [5] Members of a Company
Concept: undefined >> undefined

Select the correct option form the bracket.

Group A Group B
___________ Can hold shares in the name of partners
[5] Members of a Company
Chapter: [5] Members of a Company
Concept: undefined >> undefined

Answer in one sentence:
Which individuals cannot become a member of a company?

[5] Members of a Company
Chapter: [5] Members of a Company
Concept: undefined >> undefined

Answer in one sentence:
What is the common way of becoming a member of a company?

[5] Members of a Company
Chapter: [5] Members of a Company
Concept: undefined >> undefined
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