Question
As per Companies Act, a public company should hold a
minimum of _____ Board meetings in a year.Solution
Section 173 of the companies Act 2013: (1) Every company shall hold the first meeting of the Board of Directors within thirty days of the date of its incorporation and thereafter hold a minimum number of four meetings of its Board of Directors every year in such a manner that not more than one hundred and twenty days shall intervene between two consecutive meetings of the Board.
A spent 26% of his monthly income on study and 55% of the remaining on rent. If amount spent on rent is Rs. 2035, then find the amount spent on study
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