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Start learning 50% faster. Sign in nowSection 174. Quorum for meetings of Board- (1) The quorum for a meeting of the Board of Directors of a company shall be one third of its total strength or two directors, whichever is higher, and the participation of the directors by video conferencing or by other audio-visual means shall also be counted for the purposes of quorum under this sub-section. Provided that the quorum shall not be less than two members
Which of the following is a restriction regarding investments made by banks in securities/instruments issued by NBFCs?
Akash Ltd sells 3 products X, Y and Z. The following information was available at the year end :