Let start question and answer which may be ask in Interview of CS .

Pls go through this Link :

/forum/re-authorised-share-capital-share-application-money-6854.asp

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Secretary can Call Board Meeting ?

Yes , A Meeting convened by Secretary, without authority , may be ratified by the director at a Board Meeting.

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A list of 64 toughest question with answers for everyones reference.

Most commonly asked qusetion however mostly unanswered rightly by a candidate.

Very nice forum.......

Dear Friend,

Prepare Basic Definition like :

Private company, Public Company, Manager, Managing Director, :

2 (24)"manager" means an individual (not being the managing agent) who, subject to the superintendence, control and direction of the Board of directors, has the management of the whole, or substantially the whole, of the affairs of a company, and includes a director or any other person occupying the position of a manager, by whatever name called and whether under a contract of service or not;

2 (13) "director" includes any person occupying the position of director, by whatever name called;

2 (26) "managing director" means a director who, by virtue of an agreement with the company or of a resolution passed by the company in general meeting or by its Board of directors or, by virtue of its memorandum or articles of association, is entrusted with ¹⁷[substantial powers of management] which would not otherwise be exercisable by him, and includes a director occupying the position of a managing director, by whatever name called:

[Provided that the power to do administrative acts of a routine nature when so authorised by the Board such as the power to affix the common seal of the company to any document or to draw and endorse any cheque on account of the company in any bank or to draw and endorse any negotiable instrument or to sign any certificate of share or to direct registration of transfer of any share, shall not be deemed to be included within substantial powers of management:

Provided further that a managing director of a company shall exercise his powers subject to the superintendence, control and direction of its Board of directors;]

2 (35)"private company" means a private company as defined in section 3;

2 (38)"public company" means a public company as defined in section 3;

sec 3 (iii) "private company" ⁵[means a company which has a minimum paid-up capital of one lakh rupees or such higher paid-up capital as may be prescribed, and by its articles,-]

(a) restricts the right to transfer its shares, if any;

(b) limits the number of its members to fifty not including-

(i) persons who are in the employment of the company, and

(ii) persons who, having been formerly in the employment of the company, were members of the company while in that employment and have continued to be members after the employment ceased; and

(c) prohibits any invitation to the public to subscribe for any shares in, or debentures of, the company;

(d) prohibits any invitation or acceptance of deposits from persons other than its members directors or their relatives:

Provided that where two or more persons hold one or more shares in a company jointly, they shall, for the purposes of this definition, be treated as a single member;

[(iv) "public company" means a company which-

(a) is not a private company;

(b) has a minimum paid-up capital of five lakh rupees or such higher paid-up capital, as may be prescribed;

(c) is a private company which is a subsidiary of a company which is not a private company.]

Also i feel there might be some questions raised on MD Remuneration, especially the parameters etc.,  Does any one have a brief note on MD Remuneration?

SV 

How many schedule are in Companis Act ?

Ans : 15 Schedule

Excellent article,

Thanks Yogesh

I was asked

1. to make a presenation on conducting Board Meetings

2. Provisions of new company law and

3. Listing Agreement.