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Section 188 (3), where any contract or arrangement is entered into by a director or any other employee, without obtaining the consent of the Board or approval by a resolution in the general meeting under sub-section (1) and if it is not ratified by the Board or, as the case may be, by the shareholders at a meeting within three months from the date on which such contract or arrangement was entered into, such contract or arrangement shall be voidable at the option of the Board and if the contract or arrangement is with a related party to any director, or is authorised by any other director, the directors concerned shall indemnify the company against any loss incurred by it.
What was the unemployment rate in rural areas in 2021-22, according to the PLFS data released by NSO?
In July, the number of total account holders under the PMJDY reached 495.6 million, with a total outstanding of over Rs 2 trillion. Of this, _______ are...
India set a new record for the fastest 50, 100, and 200 runs in Test cricket during which series in 2024?
Under the Saansad Adarsh Gram Yojana (SAGY), which of the following is the primary objective of the scheme?
What was the original purpose of the International Earth Sciences Olympiad (IESO)?
What category did India achieve in the FATF Mutual Evaluation?
In which year did Dipa Karmakar, India’s first Olympic gymnast, announce her retirement from professional gymnastics?
The GST Council formed a Group of Ministers (GoM) to decide on the taxation of which type of goods?
Who became the second richest person in the world in 2024, according to the Bloomberg Billionaires’ Index, and what was his net worth?
Which Indian defense organization successfully completed trials of the Very Short Range Air Defence System (VSHORAD) in 2024?