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Start learning 50% faster. Sign in nowExplanation: Section 174. Quorum for meetings of Board: (1) The quorum for a meeting of the Board of Directors of a company shall be one third of its total strength or two directors, whichever is higher, and the participation of the directors by video conferencing or by other audio-visual means shall also be counted for the purposes of quorum under this sub-section.
An arrangement between two insurance companies whereby one transfer is a part of risk to other company is called?
In this reinsurance arrangement, an agreement is made between the ceding company and the reinsurer(s), specifying limits for reinsurances that can perta...
A branch receives goods from the Head Office at an invoice price that includes a 25% markup on cost. If the invoice price of goods sent to the branch is...
The LN function in Ms Excel 2010 returns the ________.
1. What is the lock-in period for ELSS (Equity Linked Savings Scheme) to be eligible for a deduction under Section 80C of the Income Tax Act in ...
What is the maximum number of people that can be offered securities for subscription through private placement in a single financial year?
What is the maximum number of directorships a person can hold in Indian companies as per Companies Act, 2013?
According to Payment of Bonus Act 1965, what is the minimum bonus in case of an adult payable?
In case of amalgamation in the nature of purchase, the excess of purchase consideration over the net assets is debited to:
ABD Limited received 5,90,000 as premium on new policies and 1,20,000 as renewal premium. The company received 90,000 towards reinsurance accepted and p...