Question
When a member is not allowed to participate in the
meeting of the Board?Solution
Section 7A of SEBI Act Member not to participate in meetings in certain cases.—Any member, who is a director of a company and who as such director has any direct or indirect pecuniary interest in any matter coming up for consideration at a meeting of the Board, shall, as soon as possible after relevant circumstances have come to his knowledge, disclose the nature of his interest at such meeting and such disclosure shall be recorded in the proceedings of the Board, and the member shall not take any part in any deliberation or decision of the Board with respect to that matter.
Statement: Large IT services companies are in the process of laying off employees on a scale not seen since the 2008-10 downturn.
I. The IT indu...
Statement: Should it be said that the demonetisation exercise combined with the uncertainty around the July 1 adoption of the new indirect tax regime s...
Statement:
I: Heavy snowfall is expected at Pyeong Chang in South Korea during the winter season.
II: The Pyeong Chang 2018 winter Olymp...
In each question below is given a statement followed by two assumptions numbered I and II. You have to consider the statement and the following assumpt...
Statement : For the first time in decades, the Mysuru Zoo will receive a new species of wildlife to mark its 125th Anniversary.
I. Th...
STATEMENT : An information for the employees in the office- “you have to bear your expense on travel”
ASSUMPTIONS: I Many offices ...
In the question below, two statements (I) and (II) are given. These statements may be either independent causes or may be effects of independent cause...
Statement: D < R = X > T ≥ H
Conclusions: I. D ≤ T II. R > H
What is Surya's age?
I. Surya and his sister are the only children in Ramesh's home.
II. Surya's sister is elder to him by 5 years.
Statement: A construction worker was buried alive when mud from a 20-ft high pit collapsed on him and four others.
Assumption I: The other four...
