Question
Consider the following statements regarding corporate governance and the Board of Directors under Section 149 of the Companies Act, 2013: Statement 1: Every company must have at least one director who is not in the employment of the company. Statement 2: A director should not be a minor; they must be a natural person above 21 years of age. Statement 3: Listed companies must have at least one-third of the board as independent directors. Statement 4: The first director of a company cannot be a corporate entity; only natural persons can be directors. Which statements are correct?
More Other Laws and Acts Questions
- Under Section 372, if the accused appears of sound mind during inquiry but evidence shows he was insane at the time of committing the act, the Magistrate s...
- Under the Motor Vehicles Act no appeal shall lie against any award of a Claims Tribunal if the amount in dispute in the appeal is ______________
- What is the term of a patent granted under the Indian Patents Act, 1970 (as amended)?
- For the control machinery of the Essential Commodities Act, 1955 (including Section 3 control orders) to operate in respect of a particular commodity, that...
- An admission is a-
- Where the buyer wrongfully neglects or refuses to accept and pay for the goods
- Freedom to manage religious affairs includes:
- Which statute governs insolvency professionals?
- Administrative law is:
- Who can be competent witness?
Relevant for Exams:
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)