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      Question

      Within how many days from incorporation should a company

      have its first Board meeting?
      A 12 Correct Answer Incorrect Answer
      B 15 Correct Answer Incorrect Answer
      C 20 Correct Answer Incorrect Answer
      D 10 Correct Answer Incorrect Answer

      Solution

      Explanation:Under Section 149(1), a company can have up to 15 directors. If it wants to appoint more than 15, it must pass a special resolution at a general meeting.

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