Podcast
Questions and Answers
What is the minimum number of directors required for a public company as per the Companies Act, 2013?
What is the minimum number of directors required for a public company as per the Companies Act, 2013?
- 1
- 2
- 3 (correct)
- 4
What is the maximum number of directors a company can have without needing special permission?
What is the maximum number of directors a company can have without needing special permission?
- 10
- 15 (correct)
- 20
- 12
A listed company having 90 crores in paid up share capital has 8 directors, all men. Is the company in compliance with the Companies Act, 2013?
A listed company having 90 crores in paid up share capital has 8 directors, all men. Is the company in compliance with the Companies Act, 2013?
- Yes, as the number of directors are within the maximum limit of 10
- Yes, as women directors is only required for more a company with more than 300 crores in turnover
- No, it needs to appoint a women director (correct)
- Yes, as only public companies with paid up share capital 100 crores or more than need to appoint a women director
Within what time frame can a newly incorporated company appoint a women director when it meets the provisions of the Companies Act, 2013?
Within what time frame can a newly incorporated company appoint a women director when it meets the provisions of the Companies Act, 2013?
What part of the Board should consist of independent directors in a listed company?
What part of the Board should consist of independent directors in a listed company?
Miss Anamica is a promoter-director in A&A ltd. Can she become an independent director for A&B ltd, a subsidiary of A&A ltd?
Miss Anamica is a promoter-director in A&A ltd. Can she become an independent director for A&B ltd, a subsidiary of A&A ltd?
ABC ltd is a public company having PUSC of 100 crores. Mr. X wants to apply for an independent director position with the company. He transacts with the company on a yearly basis. Which of the following shall NOT be considered a pecuniary relationship thus making him eligible to become an I.D?
ABC ltd is a public company having PUSC of 100 crores. Mr. X wants to apply for an independent director position with the company. He transacts with the company on a yearly basis. Which of the following shall NOT be considered a pecuniary relationship thus making him eligible to become an I.D?
Mr. Z holds 2% of the total voting power of the associate company of ABC ltd. His relative holds 1% in the same associate company. Can Mr. Z be eligible for I.D in ABC ltd?
Mr. Z holds 2% of the total voting power of the associate company of ABC ltd. His relative holds 1% in the same associate company. Can Mr. Z be eligible for I.D in ABC ltd?
Under the Companies Act, 2013, what is the maximum tenure for an independent director?
Under the Companies Act, 2013, what is the maximum tenure for an independent director?
Which form is used to submit the details of the resignation of a director to the Registrar?
Which form is used to submit the details of the resignation of a director to the Registrar?
