Companies Act 2013

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Questions and Answers

What is the purpose of Sec 149 to Sec 160 of Companies Act 2013?

  • Enforcement of environmental regulations on companies
  • Defining tax obligations for companies
  • Regulation of companies' annual general meetings, board meetings, and resolutions (correct)
  • Setting guidelines for employee welfare in companies

What aspect of companies is addressed in Sec 149 to Sec 160 of Companies Act 2013?

  • Trademark registration process
  • Appointment and qualification of directors (correct)
  • Cybersecurity measures
  • Product pricing strategies

What is the significance of Sec 149 to Sec 160 of Companies Act 2013 for corporate governance?

  • They contribute to ensuring transparency and accountability in the functioning of companies (correct)
  • They address healthcare benefits for employees in companies
  • They focus on advertising and marketing regulations for companies
  • They outline import-export procedures for companies

What is the minimum number of directors required for a public company as per Sec 149 of Companies Act 2013?

<p>Three (D)</p> Signup and view all the answers

In the context of Sec 149 of Companies Act 2013, what is the maximum number of directors that can be appointed in a public company?

<p>25 (B)</p> Signup and view all the answers

What is the tenure of office for an independent director as per Sec 149 of Companies Act 2013?

<p>7 years (B)</p> Signup and view all the answers

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