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Companies Act 2013:
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Companies Act 2013:

Created by
@MeaningfulNebula

Questions and Answers

Under the Companies Act, 2013, how many directorships can a person hold at one time?

  • 10
  • 7
  • 20 (correct)
  • 15

    • What is the maximum gap allowed between two consecutive board meetings?

  • 90
  • 100
  • 150
  • 120 (correct)

    • What is the quorum required for a board meeting as per the Companies Act, 2013?

  • 1/3rd of total directors or 2, whichever is higher (correct)
  • 1/4th of total directors or 2, whichever is higher
  • 1/3rd of total directors or 2, whichever is lower
  • 2/3rd of total directors or 2, whichever is higher

    • In case of a one-person company with 2 directors how many board meetings are required in a year?

    <p>at least one meeting each half of calendar year</p> Signup and view all the answers

    What is the minimum number of independent directors required for a public company with paid-up share capital of Rs. 10 crore or more?

    <p>2</p> Signup and view all the answers

    Which of the following directors shall be included in the total number of directors when assessing directors whose period of office shall be liable to be determined by retirement of directors under section 152(6) of the Companies Act, 2013?

    <p>Additional director</p> Signup and view all the answers

    Shareholders of company XYZ ltd. want to remove a director. What number of shareholders need to provide the notice atleast 14 days before the meeting but not earlier than 3 months for the removal to be considered?

    <p>Members holding 1% of voting power or Rs. 5,00,000 in PUSC whichever is lower</p> Signup and view all the answers

    Anu holds directorships in 15 companies. Out of that - 10 are public companies, 2 are private companies and 3 dormant private companies. Anu is in demand and more companies want to hire her. She has received 3 offers from public dormant companies and 8 from private companies. How many can Anu accept?

    <p>Can accept in all 8 private companies but not in the dormant public companies</p> Signup and view all the answers

    What period of stay should a director be outside India in order for an alternate director to be appointed?

    <p>=&gt;3months</p> Signup and view all the answers

    At a general meeting of SustainTheGreen Pvt. Ltd. a single resolution to appoint 3 directors was passed . In what case will the resolution be valid

    <p>When a motion is agreed to earlier where all of directors vote in favour of such resolution being passed.</p> Signup and view all the answers

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