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Categories >> Accounting >> CompanyAffairs CS
 
 


 

 
 Audit interview questions  Audit Interview Questions (428)
 CompanyAffairs CS interview questions  CompanyAffairs CS Interview Questions (158)
 Taxation interview questions  Taxation Interview Questions (1904)
 Accounting General interview questions  Accounting General Interview Questions (2830)
 Accounting AllOther interview questions  Accounting AllOther Interview Questions (4369)
Question
can a shadow director be counted for the Board Quorum?
 Question Submitted By :: CompanyAffairs-CS
I also faced this Question!!     Answer Posted By  
 
Answer
# 1
It is confusing section in Companies Law and there is not
any clear provision regards this query. So, It is better to
have provision in Articles of Company to do so.
 
Is This Answer Correct ?    9 Yes 1 No
Mahendra Rajput
 
Answer
# 2
shadow director is a director on whose instructn nd directn other director acts.. as he has same responsibility nd duties that of othr director.. as he hold major share in co. hence shadow director shuld be counted for the board quorum 
Is This Answer Correct ?    2 Yes 0 No
Prakash
 
 
 

 
 
 
Other CompanyAffairs CS Interview Questions
 
  Question Asked @ Answers
 
can a pvt ltd. coy take unsecured loan from any partnership firm? If not why?   1
what is meant by TDS   2
What is the percentage of DA to be cut from an employee salary ? ITC-Infotech 2
The company has incurred Preliminary expenses. As per old Schedule VI these are to be shown under the head MISCELLANEOUS EXPENDITURE in Assets side of Balance Sheet. Now where to show these expenses under revised Scheduke VI.   1
Three charities have common trustees and currently produce separate accounts. Can the charity somehow put these together as a single set of accounts?   1
Is the premium amount included in the subscribed capital of the company.   3
Give the company law and income tax law depriciations rates how both are calculte?   1
DIFFERENCE BETWEEN EQUITY SHARE CAPITAL & PREFERENCIAL SHAR CAPITAL   7
what is the difference between public company and private company TCS 12
Benjamin O'Henry has owned and operated O'Henry's Data Services since its beginning ten years ago. From all appearances, the business has prospered. In the past few years, you have become friends with O'Henry and his wife. Recently, O'Henry mentioned that he has lost his zest for the business and would consider selling it for the right price. You are interested in buying this business, and you obtain its most recent monthly unadjusted trial balance which follows: O'Henry's Data Services Unadjusted Trial Balance November 30, 20XX Cash……………………………… $9,700 Accounts receivable……………………… 7,900 Prepaid expenses………… 2,600 Furniture, fixtures, & equipment 151,300 Accumulated depreciation $15,600 Accounts payable………… 3,800 Salary payable……………… Unearned service revenue 6,700 Benjamin O'Henry, capital 137,400 Benjamin O'Henry, withdrawals 2,000 Service revenue………… 14,300 Rent expense…………… Salary expense………… 3,400 Utilities expense……… 900 Depreciation expense Supplies expense…… Total…………………………………………. $177,800 $177,800 Revenues and expenses vary little from month to month, and November is a typical month. Your investigation reveals that the unadjusted trial balance does not include the effects of monthly revenues of $2,100 and monthly expenses totaling $2,750. If you were to buy O'Henry's Data Services, you would hire a manager who would require a monthly salary of $3,000. The most you would pay for the business is 20 times the monthly net income you could expect to earn from it. Compute this possible price. The least O'Henry will take for the business is his ending capital. Compute this amount. Under these conditions, how much should you offer O'Henry? Give your reason. I have the mathimatical part ok , please give reasons on how much and why I they would offer him the amount.   3
what is Producer of a wounding up of a company?   1
What are the factors that come under general office administration especially if it the industry type is Software,BPO,Telecoms and constructtions? NCR 1
 
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