ICSAN Board Dynamics Practice Questions - ICSAN Professional Programme II - Corporate Secretaryship and Board Dynamics Exam - ICSAN Board Dynamics Practice Questions - ICSAN Professional Programme II - Corporate Secretaryship and Board Dynamics Exam

Question 1

Under Section 332 of the Companies and Allied Matters Act (CAMA) 2020, which of the following is NOT a qualification for appointment as a Company Secretary of a public company in Nigeria?

A member of the Institute of Chartered Secretaries and Administrators of Nigeria (ICSAN) A legal practitioner enrolled in Nigeria with at least 3 years post-call experience A member of the Institute of Chartered Accountants of Nigeria (ICAN) or Association of National Accountants of Nigeria (ANAN) A person who has held the office of a company secretary of a public company for at least 3 of the 5 years immediately preceding his appointment

Correct Answer:

A legal practitioner enrolled in Nigeria with at least 3 years post-call experience

Question 2

Section 333 of CAMA 2020 prescribes the procedure for the removal of a Company Secretary of a public company. What notice period must the Board give a secretary who does not resign, before removal?

A notice of at least 7 days of the intention to remove him A notice of at least 14 days of the intention to remove him A notice of at least 21 days of the intention to remove him No notice is required; the secretary serves at the pleasure of the Board

Correct Answer:

A notice of at least 7 days of the intention to remove him

Question 3

Under CAMA 2020, which type of company is exempted from the mandatory requirement to appoint a Company Secretary?

A company limited by guarantee A public limited liability company A small company as defined under Section 394 of the Act A private limited company with foreign shareholding

Correct Answer:

A small company as defined under Section 394 of the Act

Question 4

Which of the following represents the dual capacity prohibition under Section 334 of CAMA 2020?

A person cannot be a secretary of both a parent company and its subsidiary A director cannot also be appointed as the secretary of a private company A provision requiring an act to be done by a director and the secretary is not satisfied if done by the same person acting as both A secretary cannot be a shareholder or creditor of the same company

Correct Answer:

A provision requiring an act to be done by a director and the secretary is not satisfied if done by the same person acting as both

Question 5

According to CAMA 2020 Section 335, which of the following is a statutory duty of the Company Secretary?

Negotiating commercial contracts and business acquisitions on behalf of the company Representing the company in court as lead counsel in commercial litigation Ensuring that the company complies with applicable rules, regulations, and codes of corporate governance Approving the annual budget and capital expenditure limits of the company

Correct Answer:

Ensuring that the company complies with applicable rules, regulations, and codes of corporate governance

Question 1

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Prepare with the ICSAN Board Dynamics Practice Questions - ICSAN Professional Programme II - Corporate Secretaryship and Board Dynamics Exam practice quiz. This question bank includes 100 questions covering company, cama, board, committee, and secretary. Use it to review important concepts, identify knowledge gaps, and build confidence for the related exam, course, or assessment.

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ICSAN Board Dynamics Practice Questions - ICSAN Professional Programme II - Corporate Secretaryship and Board Dynamics Exam

This practice set contains 100 questions from the matching question bank and focuses on company, cama, board, committee, and secretary. Work through each question carefully, review the provided solutions, and revisit topics that need more study before your next attempt.

This is an independent study resource intended for practice and review; it is not an official examination or an endorsement by any organization named in the title.

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ICSAN Board Dynamics Practice Questions - ICSAN Professional Programme II - Corporate Secretaryship and Board Dynamics Exam

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