Question
Maharatna status is granted to a company which has
recorded more than ____ crore of net profit for three consecutive years, an average annual turnover of ______ crore for three years or should have an average annual net worth of ______ crore for three years. It should also have global operations or footprints. Fill in the blanks.Solution
Maharatna status is granted to a company  which has recorded more than Rs. 5,000 crore of net profit for three consecutive years, an average annual turnover of Rs.25,000 crore for three years or should have an average annual net worth of Rs.15,000 crore for three years. It should also have global operations or footprints. A CPSE should also have a Navratna status , be listed on an Indian stock exchange. Try to remember names of all 12 Maharatna Companies.
Under the Companies Act, what change was made regarding the common seal of a company after the Companies (Amendment) Act, 2015?
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