Question

What should be the time difference between two consecutive meetings of the Board?

A Not more than 121 days Correct Answer Incorrect Answer
B Not more than 20 days Correct Answer Incorrect Answer
C Not more than 120 days Correct Answer Incorrect Answer
D Only (b) Correct Answer Incorrect Answer

Solution

Not more than 120 days, Reason:The meeting of the Board of Directors should be held in such a manner that not more than 120 days shall intervene between two consecutive meetings of the Board under section 173.

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