Corporate and Other LawsMCQQuestion 12545 of 300
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Under Section 105(4) of the Companies Act, 2013, any instrument appointing a proxy must be deposited at the registered office of the company at least how many hours before the commencement of the meeting?

Select Your Answer (Keyboard: A, B, C, D)
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Correct Answer

✅ Option A — At least 48 hours before the meeting

All Options:

  • AAt least 48 hours before the meeting ✓
  • BAt least 24 hours before the meeting
  • CAt least 72 hours before the meeting
  • DAt least 12 hours before the meeting

Detailed Solution & Explanation

Correct Answer: Option **A** (At least 48 hours before the meeting) **Statutory Provision (Section 105 - Proxies):** Section 105(4) states that any provision in the articles of a company which specifies or requires a longer period than forty-eight hours before a meeting of the company, for depositing with the company any instrument appointing a proxy, shall have effect as if forty-eight hours had been specified. Therefore, Option A is the correct legal position under the ICAI curriculum.

More Questions from Corporate and Other Laws

Under Section 77(1) of the Companies Act, 2013, within what initial statutory period must a company register a charge created on its property or assets with the Registrar of Companies (ROC)?

Under Rule 3(3) of the Companies (Acceptance of Deposits) Rules, 2014, what is the maximum aggregate limit of deposits that an eligible public company can accept from its members and the public?

Which of the following is a requirement for a company to buy back its securities under the Companies Act, 2013?

What is the tax treatment of buyback of shares by an unlisted company?

Explain the concept of differential rights and its significance in the context of buyback of securities.

What are the legal provisions governing the buyback of securities by a company in India?

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