Question
As per the Companies Act how many directors, at a
minimum, should the Audit Committee consist of?Solution
Section 177. Audit Committee: (2) The Audit Committee shall consist of a minimum of three directors  with independent directors forming a majority: Provided that majority of members of Audit Committee including its Chairperson shall be persons with ability to read and understand, the financial statement.
Subordinate legislation is when
A male Indian citizen (Hindu) with a wife and three children in India travels to the United States for advanced education. While in the US, he enters in...
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Change in the nature of the obligation in a contract is known as :
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The term ‘corpus delicti’ means
Which of the following is a new type of company which was introduced by the Companies Act, 2013?
Section 13 of Limitation Act 1963 apply in case of
