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B Com Exam  >  B Com Tests  >  Test: Investigation into the Affairs of the Company - B Com MCQ

Test: Investigation into the Affairs of the Company - B Com MCQ


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10 Questions MCQ Test - Test: Investigation into the Affairs of the Company

Test: Investigation into the Affairs of the Company for B Com 2024 is part of B Com preparation. The Test: Investigation into the Affairs of the Company questions and answers have been prepared according to the B Com exam syllabus.The Test: Investigation into the Affairs of the Company MCQs are made for B Com 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: Investigation into the Affairs of the Company below.
Solutions of Test: Investigation into the Affairs of the Company questions in English are available as part of our course for B Com & Test: Investigation into the Affairs of the Company solutions in Hindi for B Com course. Download more important topics, notes, lectures and mock test series for B Com Exam by signing up for free. Attempt Test: Investigation into the Affairs of the Company | 10 questions in 10 minutes | Mock test for B Com preparation | Free important questions MCQ to study for B Com Exam | Download free PDF with solutions
Test: Investigation into the Affairs of the Company - Question 1
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Which section of the Companies Act, 2013 deals with the establishment of the Serious Fraud Investigation Office (SFIO)?

Detailed Solution for Test: Investigation into the Affairs of the Company - Question 1
Section 211 of the Companies Act, 2013, deals with the establishment of the Serious Fraud Investigation Office (SFIO). SFIO is responsible for investigating frauds related to companies.
Test: Investigation into the Affairs of the Company - Question 2
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Who is responsible for appointing a Director in the Serious Fraud Investigation Office (SFIO)?

Detailed Solution for Test: Investigation into the Affairs of the Company - Question 2
The Central Government is responsible for appointing a Director in the Serious Fraud Investigation Office (SFIO), as per Section 211(3) of the Companies Act, 2013.
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Test: Investigation into the Affairs of the Company - Question 3
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Which type of resolution passed by a company can lead to an investigation into its affairs by the Central Government?

Detailed Solution for Test: Investigation into the Affairs of the Company - Question 3
A special resolution passed by a company, as mentioned in Section 210(1) of the Companies Act, 2013, can lead to an investigation into its affairs by the Central Government.
Test: Investigation into the Affairs of the Company - Question 4
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What is the main objective of an investigation conducted under Sections 210 to 229 of the Companies Act, 2013?
Detailed Solution for Test: Investigation into the Affairs of the Company - Question 4
The main objective of an investigation conducted under Sections 210 to 229 of the Companies Act, 2013, is to collect evidence and determine if any illegal acts or offenses have occurred.
Test: Investigation into the Affairs of the Company - Question 5
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In which section of the Companies Act, 2013 is it stated that offenses covered under section 447 of the Act are cognizable?
Detailed Solution for Test: Investigation into the Affairs of the Company - Question 5
In Section 212(6) of the Companies Act, 2013, it is stated that offenses covered under section 447 of the Act shall be cognizable, and certain conditions must be met for granting bail.
Test: Investigation into the Affairs of the Company - Question 6
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Who can request an investigation into the affairs of a company by the Serious Fraud Investigation Office (SFIO)?
Detailed Solution for Test: Investigation into the Affairs of the Company - Question 6
The Department of Central Government can request an investigation into the affairs of a company by the Serious Fraud Investigation Office (SFIO), as per Section 212(a) of the Companies Act, 2013.
Test: Investigation into the Affairs of the Company - Question 7
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Under which circumstances can the Tribunal order an investigation into a company's affairs?
Detailed Solution for Test: Investigation into the Affairs of the Company - Question 7
The Tribunal can order an investigation into a company's affairs if it is satisfied that the business of the company is being conducted with intent to defraud, as per Section 213 of the Companies Act, 2013.
Test: Investigation into the Affairs of the Company - Question 8
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Under what circumstances can the Serious Fraud Investigation Office (SFIO) share information or documents with other investigating agencies?
Detailed Solution for Test: Investigation into the Affairs of the Company - Question 8
The SFIO can share information or documents with other investigating agencies when the information is relevant or useful for an ongoing investigation by another agency, as per Section 212(17)(b) of the Companies Act, 2013.
Test: Investigation into the Affairs of the Company - Question 9
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What is the purpose of appointing inspectors by the Central Government in the context of investigation into a company's affairs?
Detailed Solution for Test: Investigation into the Affairs of the Company - Question 9
Inspectors appointed by the Central Government are responsible for investigating into the affairs of the company, collecting evidence, and reporting on the investigation, as per Section 210(3) and Section 212(1) of the Companies Act, 2013.
Test: Investigation into the Affairs of the Company - Question 10
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What power does the Director of the Serious Fraud Investigation Office (SFIO) possess during an investigation?
Detailed Solution for Test: Investigation into the Affairs of the Company - Question 10
The Director of the SFIO has the power of an Inspector under section 217 of the Companies Act, 2013, during an investigation, as per Section 212(4).
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