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Question
State whether the following statement is True or False.
Promoter of a company cannot be the Independent Director.
Options
True
False
Solution
True
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RELATED QUESTIONS
Select the correct answer from the options given below and rewrite the statement.
Up to _______ as maximum directors are allowed to a company.
Select the correct answer from the options given below and rewrite the statement.
Director represents company in his role as ________
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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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To function as per the Articles of Association of the company is the statutory duty of the Board.
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Find the odd one.
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Rotational Director | __________ |
Explain the following Term/Concept:
Director.
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