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Solved MCQs of Mercantile Law Past Papers (2000-2013) Solved MCQs of Mercantile Law Past Papers (2000-2013)

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  #21  
Old Thursday, July 30, 2015
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Originally posted by Mr Ahmed Bilal

MCQs 2013

3. A special audit of a company can be ordered by a commission on an application made by members holding not less than:
(a) 20% Voting Rights (b) 25% Voting Rights
(c) 51% Voting Rights (d) None of these

the answer should be (a) 20% Voting Rights

According to CO 1984 Section 234A

[234A. Special Audit.-(1)The Commission may on its own motion, or upon an application made by members holding not less that 20% voting rights in a company, order a special audit of the company and appoint an auditor to carry out detailed scrutiny of the affairs of the company.
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  #22  
Old Tuesday, September 12, 2017
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Default PDF mcqs
can you please provide these solved mcqs in a pdf form
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