Question
As per the Companies Act the maximum number of
directors in a public company can be _______________ and it can be more than the said number if the company passes a__________________.Solution
Explanation: Section 149. Company to have Board of Directors- (1) Every company shall have a Board of Directors consisting of individuals as directors and shall have— (a) a minimum number of three directors in the case of a public company, two directors in the case of a private company, and one director in the case of a One Person Company; and (b) a maximum of fifteen directors: Provided that a company may appoint more than fifteen directors after passing a special resolution.
Calculate Net operating Profit Ratio:
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Planning involves
A) Forecasting
B) Choice among alternative courses of action.
C) Wishful thinking
D) Decision only by production manager
