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Question
Select the correct option from the bracket:
| Group A | Group B |
| Rotational Director | __________ |
Options
Every Listed Company
Appointed by Promoters
Appointed in place of a Director who is absent
Retire by rotation
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Solution
| Group A | Group B |
| Rotational Director | Retire by rotation |
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| Group ‘A’ | Group ‘B’ |
| a) Public company | 1) Arises due to death of Director |
| b) Private company | 2) Collective Powers |
| c) Secretarial Auditor | 3) Individual Powers to Directors |
| d) Casual Vacancy of a Director | 4) Arises due to additional work |
| e) Powers of the Board | 5) Appointed by Managing Director |
| 6) At least 2 (two) Directors | |
| 7) At least 3 (three) Directors | |
| 8) At least 15 (fifteen) Directors | |
| 9) At least 1 (one) Director | |
| 10) Appointed by the Board |
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Only individuals can be directors.
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The casual vacancy of the Board is filled by the members.
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To function as per the Articles of Association of the company is the statutory duty of the Board.
State whether the following statement is True or False.
A Director is an employee of the company.
State whether the following statement is True or False.
Managing Director is appointed by a resolution.
Find the odd one.
Complete the sentence.
First Secretary is appointed by _______.
Answer in brief:
What is DIN?
