Question
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
Companies Act 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.
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Recently norms related to Minimum Alternative Tax (MAT) has been relaxed for companies facing insolvency process. The provision of MAT is in:
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B. In MSF (Ma...
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Of the following which is NOT correct about International Court of Justice?
1) It is a judicial branch of the United Nations (UN)
2) It wa...
What is the effect on a ship’s buoyancy when it moves from a river to the sea?
RBL Bank and _____ announced a strategic collaboration to fuel the Bank's customer experience strategy and expand its value proposition.
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Recently North India’s First Biotech Park has been inaugurated at which of the following places?
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