Question
What is the minimum number of directors which a One
Person Company can have?Solution
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 a public company, two directors in a private company, and one director in a One Person Company; and (b) a maximum of fifteen directors, company may appoint more than fifteen directors after passing a special resolution: class or classes of companies as may be prescribed, shall have at least one-woman director.
A policy that covers jewellers against various risks, including theft, robbery, and damage to jewellery, is:
In respect of Life insurance and individual Health insurance policies, a free look cancellation period of ____days has been provided to provide sufficie...
Which of the following insurance is coverage for damage to a vessel or aircraft and affixed items?
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A document given to an applicant for life insurance stating that the company’s acceptance is contingent upon determination of the applicant’s insura...
In which year General Insurance Corporation of India ( GIC ) notified as the Indian Reinsurer?
In which year New India Assurance Co Ltd nationalized?
A term policy that can be converted to permanent coverage rather than expiring on a specific date is called _________.
A policy that covers the cost of repairing or replacing a damaged computer system is:
Which of the following is NOT a factor considered by insurers while determining premium rates for motor insurance?
