ELEMENTS OF COMPANY SECRETARIES LEGISLATION - Legal Aptitude

401

Elements of Company Secretaries Legislation - LEGAL APTITUDE

1 / 18

Function of Company Secretary is defined under:

(a) Section 205

(b) Section 2 sub-section (1) clause (c) of Companies Secretary Act, 1980.

(d) None of these.

2 / 18

Stock exchange and every company shall provide the facility to it members to exercise right to vote if it has:

(a) not less than one thousand members

(b) not less than ten thousand members

(d) not more than ten thousand members.

3 / 18

Work of a Practicing Company Secretary is of

(a) Secretarial Audit

(b) Pre-certification of e-form

(d) All of the above.

4 / 18

Companies Secretary is a :

(a) Solution Provider

(b) Business Manager

(d) All of the above.

5 / 18

Vision of Institute of Company Secretaries Board of India is :

(a) To be a global leader in promoting good corporate governance

(b) To develop high caliber professional facilitating good corporate governance.

(d) To lead the world.

6 / 18

Full form of SEBI:

(a) Securities and Exchange Board of India

(b) Shares and Exchange Board of India

(d) Both (a) and (c)

7 / 18

What is the consequence for a company or individual who contravenes the provisions of Section 204 of the Companies Act, 2013, regarding secretarial audits?

A) Verbal warning

B) Fine ranging from 1 lakh to 5 lakhs

C) Suspension of company operations

D) Revocation of the company's registration

8 / 18

Company Secretary has been recognized to represent before various Regulators, and Authorities under which Act?

(a) SEBI Act, 1992

(b) LLP Act, 2008

(d) All of the above

9 / 18

Which regulatory bodies have authorized Company Secretaries in Practice to act as authorized representatives and issue certifications, according to the text?

A) Only SEBI and RBI

B) SEBI, RBI, and IRDA

C) SEBI, CCI, and RERA

D) SEBI, NCLT, and NCLAT

10 / 18

In what situations can a Company Secretary in Practice engage in the practice of the profession of Company Secretaries, according to the text?

A) Only in the promotion of companies

B) Only in filing and registering documents for companies

C) In various situations related to company activities

D) Only when authorized by the government

11 / 18

Under which section of the Companies Act, 2013, is the definition of "Company Secretary in Practice" provided?

A) Section 2(2)

B) Section 204

C) Section 134(3)

D) Section 259

12 / 18

What is the primary role of a Company Secretary in Practice according to the text?

A) Issuing certificates for individuals

B) Assisting the Board in corporate governance

C) Offering financial advice to companies

D) Conducting secretarial audits of small businesses

13 / 18

What is one of the primary functions of a Company Secretary as per the Companies Act, 2013?

a) Managing the company's financial operations.

b) Reporting to the Board about compliance with relevant laws.

c) Leading the marketing and sales efforts of the company.

d) Overseeing the production and manufacturing processes.

14 / 18

Which legal enactment defines the role of a Company Secretary as a Key Managerial Personnel (KMP) in a company?

a) Indian Partnership Act, 1932

b) Indian Companies Act, 2013

c) Company Secretaries Act, 1980

d) Indian Contract Act, 1872

15 / 18

The ICSI functions under the administrative jurisdiction of

(a) Ministry of State Affair

(b) Central Government

(d) Both (b) and (c)

16 / 18

What is the core value of "Integrity" in the context of the ICSI?

a) Doing what is convenient and expedient.

b) Consistency with high standards, honesty, and transparency.

c) Flexibility in decision-making.

d) Prioritizing profits over ethics.

17 / 18

Under which legal enactment does the Institute of Company Secretaries of India (ICSI) function?

a) Indian Companies Act, 2013

b) Indian Constitution

c) Company Secretaries Act, 1980

d) Indian Partnership Act, 1932

18 / 18

What is the primary role of the Institute of Company Secretaries of India (ICSI)?

a) To develop and regulate the profession of lawyers in India.

b) To develop and regulate the profession of chartered accountants in India.

c) To develop and regulate the profession of company secretaries in India.

d) To develop and regulate the profession of doctors in India.

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