Question

______________may have one director elected by such small shareholders in such manner and with such terms and conditions as may be prescribed

A Small Company Correct Answer Incorrect Answer
B Listed Company Correct Answer Incorrect Answer
C Unlisted Company Correct Answer Incorrect Answer
D Private Company Correct Answer Incorrect Answer

Solution

Companies Act Section 151. Appointment of director elected by small shareholders- A listed company may have one director elected by such small shareholders in such manner and with such terms and conditions as may be prescribed.

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