New RBI Grade B 2024 Batch 7 40+ 20 Days Study Plan; Download Now !!!
Register

Question

According to SEBI(DP) Regulations, 2018 the voting on a resolution in the meeting of the governing board shall be valid only

A when the number of public interest directors that have cast their vote on such resolution is equal to or more than the number of shareholder directors who have cast their vote on such resolution Correct Answer Incorrect Answer
B when the number of shareholder directors that have cast their vote on such resolution is equal to or more than the number of public interest directors who have cast their vote on such resolution Correct Answer Incorrect Answer
C when the number of public interest directors that have cast their vote on such resolution is equal to 2/3rd of the number of shareholder directors who have cast their vote on such resolution Correct Answer Incorrect Answer
D when the number of public interest directors that have cast their vote on such resolution is equal to the number of shareholder directors who have cast their vote on such resolution Correct Answer Incorrect Answer
E None of the above Correct Answer Incorrect Answer

Solution

  Explanation- The voting on a resolution in the meeting of the governing board shall be valid only when the number of public interest directors that have cast their vote on such resolution is equal to or more than the number of shareholder directors who have cast their vote on such resolution

Practice Next
×
×