
Dear Professional Seniors & Friends,
Warm Greeting!
Here is the Next post of #MCQ on concept based practical professional knowledge on Appointment as Director under Companies Act in a unique manner to be self answered by participants. The detailed answer of these MCQs shall be posted next day for the self assessment of the participants.
MCQ 93.1: Mr. Ram has been appointed as the director in X ltd. due to his holding of an office as a managing director in its holding company, ABC Ltd. Can Ram hold office in X ltd and ABC Ltd as per Companies Act?
A. Yes, he can hold office in X ltd & ABC Ltd.
B. Yes, he can hold office in X ltd after ceasing office in ABC Ltd
C. He can hold office in ABC Ltd only.
D. None of the Above.
MCQ 93.2: In due course of time Mr. Ram was offered by HXL Ltd to join the company as a managerial personnel at a very good package . He was offered the package on the term that he has to resign from his current post. Mr. Ram served a notice in writing to the company on mail and through post to its registered office on 1.02.2018. His notice of resignation specified the date 15.02.2018 as the last date in ABC Ltd. On which date, can he accept appointment in HXL Ltd.?
A. 1.02.2018.
B. 15.02.2018.
C. Cannot accept appointment at all.
D. None of the Above.
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CA Sanjay Kumar Agrawal
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Dear Professional Seniors & Friends,
Warm Greetings!
This post of MCQ is on provisions relating to Appointment as Director under Companies Act
Answer MCQ 93.1: C) He can hold office in ABC Ltd only
Answer MCQ 93.2: B) 15.02.2018
Practical Analysis for MCQ 93.1:
On the Basis of above Analysis correct Answer to MCQ-93.1 C). He can hold office in ABC Ltd only
Practical Analysis for MCQ 93.2:
On the Basis of above Analysis correct Answer to MCQ 93.2: B) 15.02.2018
(Disclaimer: The objective of the MCQ post is just to discuss the concept, it may happen, by change of facts, the answer may be different. Please do not treat this as professional opinion; you can definitely have your own opinion.)
Sincere Regards!
CA Sanjay Kumar Agrawal
Mobile: 9810116321
To access MCQ posts regularly, please Join Telegram Channel:
https://t.me/caSanjayKumarAgrawal
For All MCQ post please click on:
Webpage: http://www.casanjay.me/
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