State whether the following statements are True or False:i. A large n

1.	State whether the following statements are True or False:i. A large number of shareholders necessitates the company to have a separate managerial body.ii. The maximum number of Directors allowed to a company is 15 (fifteen).iii. A public company should have a minimum of 10 (ten) directors.iv. DIN is required for Secretaryship.v. Executive Director is called an outside Director.
Answer» i. True ii. True iii. False iv. False v. False

State whether the following statements are True or False:i. A large number of shareholders necessitates the company to have a separate managerial body.ii. The maximum number of Directors allowed to a company is 15 (fifteen).iii. A public company should have a minimum of 10 (ten) directors.iv. DIN is required for Secretaryship.v. Executive Director is called an outside Director.

Answer»

i. True

ii. True

iii. False

iv. False

v. False