The Stakeholders Relationship Committee can be

constituted by the Board of which Companies, under the Companies Act, 2013?

A Any company can constitute, if it so desires Correct Answer Incorrect Answer

B A company with more than 100 shareholders Correct Answer Incorrect Answer

C A company with more than 1000 shareholders Correct Answer Incorrect Answer

D A company with more than 2500 shareholders Correct Answer Incorrect Answer

Solution

Under section 174 the Board of Directors of a company which consists of more than one thousand shareholders, debenture-holders, deposit-holders and any other security holders at any time during a financial year shall constitute a Stakeholders Relationship Committee consisting of a chairperson who shall be a non-executive director and such other members as may be decided by the Board.

Practice Next

Relevant for Exams:

CBI APP and PP

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